upcoming announcement will be?, page-6

Something must be up, this is from BCK thread:

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no
responsibility for the contents of this announcement, make no representation as to its accuracy or
completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or
in reliance upon the whole or any part of the contents of this announcement.
BROCKMAN MINING LIMITED
?? ?? ?? ?? ?? ?? ?? ?? ?? ?? *
(incorporated in Bermuda with limited liability)
(SEHK Stock Code: 159)
(ASX Stock Code: BCK)
Announcement
(1) RE-DESIGNATION OF DIRECTOR
(2) ESTABLISHMENT OF SPECIAL COMMITTEE AND
UPDATE ON VARIOUS COMMITTEES
Reference is made to the announcement dated 12 September 2013 in relation to disclosure pursuant
to Rule 13.09(1) and Rule 13.51B(2) of the Listing Rules. To strengthen the executive functions of
the Group, the Board announces that Mr. Warren Talbot Beckwith, who has been a non-executive
director of the Company since 2012, has been re-designated as an Executive Director of the
Company and appointed to the Executive Committee, effective from 20 November 2013.
A special committee has been established on 20 November 2013 which comprises all independent
non-executive directors of the Company to consider and approve any decision in relation to the
investigation and charges laid against Mr. Luk.
The Executive Committee and the Management Committee of the iron ore business in Australia
have been and will continue to be responsible for overseeing the daily operations of the Group and
making operational decisions of the Group, Mr. Luk is currently not a member of the Executive
Committee and the Management Committee.
Mr. Luk will continue to assist the Group with a focus on strategic and business development.
Reference is made to the announcement dated 12 September 2013 in relation to disclosure pursuant
to Rule 13.09(1) and Rule 13.51B(2) of the Listing Rules.
— 2 —
Re-designation of Director
To strengthen the executive functions of the Group, the board of directors (the “Board”) of
Brockman Mining Limited (the “Company”), together with its subsidiaries, (the “Group”) announces
that Mr. Warren Talbot Beckwith, who has been a non-executive director of the Company since
2012, has been re-designated as an Executive Director of the Company, effective from 20 November
2013. Mr. Warren Talbot Beckwith has also been appointed as a member of the executive committee
of the Board (the “Executive Committee”), effective from 20 November 2013.
Mr. Warren Talbot Beckwith, aged 74. Mr. Beckwith joined the Company as a non-executive director
effective from June 2012. Mr. Beckwith is also a non-executive director of certain subsidiaries of the
Company. Currently, he is a director and chairman of the audit committee of China Properties Group
Limited (a company listed in Hong Kong, stock code: 1838). He is also a director of Gondwana
Resources Limited (an ASX-listed junior explorer, stock code: GDA). Mr. Beckwith is a director
of a corporate advisory group with Perth and Hong Kong offices. For 13 years he was a partner in
international Chartered Accountancy firms, including being a senior partner of a predecessor firm of
Ernst & Young, Hong Kong.
Save as disclosed above, Mr. Beckwith has not held any directorship in other listed public companies
in Hong Kong or overseas in the last three years and does not have any relationship with any other
directors, senior management or substantial or controlling shareholders of the Company.
The annual director fee entitled by Mr. Beckwith is A$385,000. His emolument is determined by
reference to his performance, contribution and responsibilities as well as the prevailing market rates.
A service contract was entered into between the Company and Mr. Beckwith for a term of 3 years.
Pursuant to the Bye-laws of the Company, any director so appointed by the board shall hold office
only until the next following AGM of the Company and shall then be eligible for re-election at that
meeting. He shall then retire from the office of the Director of the Company no later than the third
annual general meeting after he was last re-elected and will be eligible for re-election.
As at the date of this announcement, Mr. Beckwith holds 33,500,000 options granted by the
Company.
There is no information relating to Mr. Beckwith that is required to be disclosed pursuant to Rule
13.51(2) of the Listing Rules. Save as disclosed above, there are no other matters that need to
be brought to the attention of the shareholders of the Company regarding the appointment of Mr.
Beckwith.
Establishment of Special Committee
A special committee has been established on 20 November 2013 which comprises all independent
non-executive directors of the Company to consider and approve any decision in relation to the
investigation and charges laid against Mr. Luk. The Company will continuously monitor the progress
of the case from time to time and will make announcements when necessary.
— 3 —
Update on Various Committees
The Executive Committee and Management Committee have been and will continue to be responsible
for overseeing the daily operations of the Group and making operational decisions of the Group,
subject to the authority as designated by the Board (e.g. with authority to approve transactions with
monetary value below certain threshold set by the Board).
The current members of the Executive Committee comprise Mr. Chan Kam Kwan, Jason (an
executive director), Mr. Warren Talbot Beckwith (an executive director) and Mr. Kwai Kwun,
Lawrence (vice president of the Group). The current members of the Management Committee
comprise Mr. Warren Talbot Beckwith (an executive director) and Mr. Kwai Kwun, Lawrence and
Mr. Russell Tipper (chief executive officer of the iron ore business).
The general corporate and administrative function of the head office in Hong Kong has been and
will continue to be discharged by Mr. Chan Kam Kwan, Jason (an executive director) and the
respective department heads in Hong Kong subject to the authority as designated by the Board (e.g.
with authority to approve corporate and administrative matters with monetary value below certain
threshold set by the Board).
Mr. Luk, as an executive director and chief executive officer of the Company, will continue to assist
the Group with a focus on strategic and business development.
By order of the board of directors of
Brockman Mining Limited
Chan Kam Kwan, Jason
Company Secretary
Hong Kong, 20 November 2013
As at the date of this announcement, the board of directors of the Company comprises Mr. Kwai
Sze Hoi (Chairman), Mr. Liu Zhengui (Vice Chairman) and Mr. Ross Stewart Norgard as nonexecutive
directors; Mr. Luk Kin Peter Joseph (Chief Executive Officer), Mr. Chan Kam Kwan,
Jason(Company Secretary) and Mr. Warren Talbot Beckwith as executive directors; and Mr. Lau
Kwok Kuen, Eddie, Mr. Uwe Henke Von Parpart, and Mr. Yip Kwok Cheung, Danny as independent
non-executive directors.