Chandga International Holdings Inc. (OTCBB: CIHI) has appointed Craig Marshak as independent director and audit committee chairman of the company. The nomination will help the company meet the requirements of an independent board. Meeting the board requirements are part of the company's goal of upgrading to a listing on a higher Exchange.
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Mr. Marshak has served as head of investment banking and partner for Trafalgar Capital Advisors. He was the advisor for the $45 million capital raising for Wits Basins acquisition of the Xiaonanshan Iron Ore Project in China. Craig Marshak graduated with a bachelor's degree in Economics and Political Science from Duke University. He received a J.D. degree from the Harvard Law School
About Changda International Holdings, Inc.
Changda International Holdings, Inc., formerly Promodoeswork.com, Inc., through its wholly owned subsidiaries, is engaged in the fertilizer and chemical businesses. The Company is engaged in producing chemical and microbial organic-inorganic compound fertilizers. Its chemical fertilizer products are classified into three types: complex fertilizers, compound fertilizers and slow-release compound fertilizers with more than 10 product lines sold under the CHANGDA and FENGTAI WOSIDA brands. The Company’s principal compound fertilizers are sulphur-based compound fertilizer, ammoniated sulphur-based compound fertilizer and chloric-based compound fertilizer. In February 2009, the Company acquired Changda International Ltd. (Changda International). Subsequent to the acquisition Changda International became the wholly owned subsidiary of the Company.
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