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Altech Chemicals Announce Youbisheng approval of Board Nominees and Company Name Change

Highlights

  • Altech nominees appointed to Youbisheng Green Paper AG (YAG) management board
  • Mr Iggy Tan and Mr Uwe Ahrens appointed to three member board
  • Change of company name to Altech Advanced Materials AG approved by shareholders
  • Capital increase of up to 63,102,080 Euro
  • Widening of the supervisory board to five members
Altech Chemicals Limited (Altech/the Company) (ASX: ATC) (FRA: A3Y) is pleased to announce that the shareholders of Frankfurt listed Youbisheng Green Paper AG (YAG) have approved the appointment to its management board of Altech’s nominees Mr Iggy Tan and Mr Uwe Ahrens. The third member of the management board is Mr Hansjoerg Plaggemars.

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