| Abstrakt: |
BEIJING, April 25, 2011 /PRNewswire-Asia-FirstCall/ -- China Agritech, Inc. (NasdaqGM: CAGC) ("China Agritech", or the "Company"), a leading organic compound fertilizer manufacturer and distributor in China, today announced that its Board of Directors has appointed Kai Wai Sim as an independent director and Chairman of the Audit Committee. Mr. Sim has also been appointed to serve as Chairman of the independent Special Committee that was formed in March 2011. His appointment fills a vacancy left by Mr. Gene Michael Bennett who voluntarily resigned from the Special Committee and from the Audit Committee of the Board to address concerns that, due to other commitments, he might not be able to devote sufficient time to the investigation process. Mr. Bennett remains an independent member of the Board. [ABSTRACT FROM PUBLISHER] |
