DUL dulhunty power limited

severely undervalued and new jv, page-2

  1. 10,264 Posts.
    lightbulb Created with Sketch. 956
    im sure he has some great contacts and is a great thing for this company. , his focus is on a few acquisitions and new business opportunities. still a very low market cap. cheap at this price i reckon.

    DULHUNTY POWER APPOINTS NEW MANAGING DIRECTOR

    Dulhunty Power Limited (ASX: DUL) is delighted to announce the appointment of Mr
    Tony Wingrove as Managing Director.

    Mr Wingrove replaces Mr Alfred Chown who has held the Managing Director’s position
    on an interim basis since the acquisition of Dulhunty Industries Pty Ltd in 2003.

    Mr Chown will remain as a Director of Dulhunty Power Ltd and as Chairman of
    Dulhunty Power’s main operating subsidiary Dulhunty Engineering Ltd.

    In commenting on this key appointment, Mr Martin Thomas, Dulhunty Power Limited’s
    Chairman, said,

    “Mr Wingrove comes to Dulhunty Power after an impressive career and his
    appointment underpins the company’s commitment to its strategic plan to pursue
    acquisitions and new business opportunities in the electricity supply industry.”

    “This appointment comes at a pivotal time for Dulhunty Power as we are keen to
    pursue the solid growth path already laid down for the company. This also follows the
    recently announced strategic offshore initiative with an important JV in Malaysia.”

    Mr Wingrove is a fellow of the Australasian Institute of Mining and Metallurgy and has a
    long experience in the transmission, distribution and construction sectors of the
    electrical industry. A key role in recent years was as advisor to Pirelli Cable and
    Systems during construction of Basslink. Formerly a senior manager with the Olex http://www.olex.com.au/
    Cables division of Pacific Dunlop, Mr Wingrove is an experienced manager of large
    industrial operations and in the marketing of electrical and metallic products in Australia
    and the USA.



    Mr Martin Thomas



    Chairman


    For further information, please contact:

    Greg Knoke Rod North
    Chief Financial Officer Executive Director
    Dulhunty Power Limited Bourse Communications Pty Ltd
    T: +61 2 9870 7277 T: +61 3 9510 8309
    Mobile: 0408 670 706





    About Dulhunty Power

    Dulhunty Power manufactures and distributes fittings and hardware that underpin the
    reliable operation of electrical power distribution and transmissions systems. Dulhunt
    Power is most well known for its world leading range of vibration control products and
    its technical capability in measuring and resolving vibration control problems in
    transmission line applications.

    The company has manufacturing facilities in China, Thailand and Malaysia that servi
    Australia, New Zealand and developing markets in Asia, North America and North
    Africa.



 
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Currently unlisted public company.

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