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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Changda International appoints Craig Marshak to the board
Chandga International Holdings Inc. (OTC:CIHI) yesterday announced that from October 1, 2009, its Board ofDirectors appointed Craig Marshak as an independent director and audit committee chairman of the company. This nomination will help CIHI meet the requirements of an independent Board and thus help in furthering implementation of the goal of upgrading the company's listing to a higher exchange.
Mr. Marshak who has served Head of Investment Banking and Partner for Trafalgar Capital Advisors, and the Trafalgar Capital Specialized Investment Fund, registered in Luxembourg since its launch in January 2007 has extensive experience in the area of corporate finance and is familiar with China. Mr. Marshak advised on the US$45 million capital raising for Wits Basins acquisition of the Xiaonanshan Iron Ore Project in the Anhui Province in Eastern China.
Mr. Marshak graduated with a bachelors degree, summa cum laude, in Economics and Political Science from Duke University, Durham, North Carolina, and during that time received a one year Roger Alan Opel Scholarship to attend the London School of Economics. He also received a J.D. degree from the Harvard Law School.
