UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
China Yuchai International Limited |
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(Translation of registrants name into English) | ||||
16 Raffles Quay #26-00 Hong Leong Building Singapore 048581 |
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(Address of principal executive office) |
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TABLE OF CONTENTS Exhibit Index 99.1 Press Release dated May 20, 2011 - China Yuchai International Limited Announces Management and Board Changes
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. |
China Yuchai International Limited | ||
Date: May 20, 2011 | By: |
/s/Weng Ming Hoh |
Name: | Weng Ming Hoh | |
Title: | Chief Financial Officer | |
Exhibit No. | Description | |
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99.1 | Press Release dated May 20, 2011 - China Yuchai International Limited Announces Management and Board Changes | |
China Yuchai International Announces Management and Board Changes
Singapore, Singapore May 20, 2011 China Yuchai International Limited (NYSE: CYD) (China Yuchai or the Company) announced today that Mr. Boo Guan Saw will not be seeking re-election as a director of the Company at its Annual General Meeting scheduled for June 17, 2011 (AGM). As a result of his retirement as a director of the Company, Mr. Saw will be relinquishing his position as President of China Yuchai which will be effective upon the conclusion of the AGM. Mr. Saw informed the Companys Board of Directors that he wishes to spend more time with his family.
In view of Mr Saws decision not to stand for re-election, the Board of Directors of the Company has appointed its Chief Financial Officer, Mr. Weng Ming Hoh acting President of China Yuchai.
The Company also announced the appointment of Mr. Yuen Kin Pheng to its Board of Directors with immediate effect. Mr. Yuen was appointed a director and Chief Executive Officer of Hong Leong Asia Ltd., the Companys parent company with effect from May 18, 2011. Mr. Yuens most recent position was as President of Ingersoll Rands Climate Solutions Asia Pacific between October 2009 to March 2011. From September 2003 to September 2009, he served as the President and Business Leader in Trane Commercial Systems Asia, a corporation within the Ingersoll Rand Group. Prior to joining the Ingersoll Rand group, Mr. Yuen was with Honeywell International from 2000 to 2003 where he held the position of Vice-President for its Asia-Pacific aerospace business. Upon his promotion to the position of President for the Asia-Pacific region, Mr. Yuen led the relocation of the Asia-Pacific headquarters from Singapore to Shanghai and established a strong presence in China to drive Honeywells growth in the region.
Mr. Yuen received his Bachelor of Business Administration degree (1st Class Honours) and a Master of Business Administration degree from the National University of Singapore. Mr. Yuen also completed an Advance Management Program at the Wharton Business School of the University of Pennsylvania. In 2008, he was awarded the Shanghai Magnolia Award for his contribution to Shanghais development.
About China Yuchai International
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL), engages in the manufacture, assembly, and sale of a wide array of light-duty, medium-sized and heavy-duty diesel engines for construction equipment, trucks, buses and cars in China. GYMCL also produces diesel power generators, which are primarily used in the construction and mining industries. Through its regional sales offices and authorized customer service centres, the Company distributes its diesel engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. Founded in 1951, GYMCL has established a reputable brand name, strong research and development team and significant market share in China with high-quality products and reliable after-sales support. In 2010, GYMCL sold 551,592 diesel engines and is recognised as the leading automotive manufacturer and distributor of diesel engines in China. For more information, please visit http://www.cyilimited.com
For more information, please contact:
Kevin Theiss / Dixon Chen
Grayling
Tel: +1-646-284-9409
Email: kevin.theiss@grayling.com
dixon.chen@grayling.com
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