EANS-News: Balda AG
Michael Naschke appointed as new chairman of the
supervisory board
Bad Oeynhausen (euro adhoc) -
Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.
Personnel
Balda AG: Michael Naschke appointed as new chairman of the supervisory board
Bad Oeynhausen, 28 June 2010 - Dr. Michael Naschke has been appointed as the new chairman of the supervisory board of Balda AG. The members of the supervisory board of the Frankfurt stock exchange SDax listed company voted for the attorney as its chairman at the constituent conference in Taipeh, Taiwan. Balda AG is a leading manufacturer of plastic systems and electronic products.
Naschke is partner of a Berlin based law firm and joined the supervisory board of the company in June this year. He takes over the position as chairman from Dino Kitzinger, the Munich based restructuring consultant who successfully guided Balda last year in its phase of restructuring and strategic realignment. Kitzinger will continue to be a member of the supervisory board of the company.
Naschke is also a member of the supervisory committee of the Trust Versicherungsmakler AG, Berlin (chairman of the supervisory board) and the NP Lighting GmbH, Warburg (chairman of the advisory board).
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Company Profile Balda AG
The Balda Group develops and produces complete plastic assemblies, electronic products and products for the medical industry. The customers of Balda are leaders in business from the mobile, entertainment and electronic communications as well as pharmaceutical and medical technology markets. The group has an international position with product sites in China, Malaysia and Germany. A subsidiary in the United States serves North American customers in product design and development. As part of a shareholding in a leading manufacturer of touch screens in China, Balda participates in the dynamic touch screen displays market.
- * * Contact: Balda AG, Clas Röhl, Telephone: +49 5734 922 - 2728, Fax: +49 5734 922 - 2604, E-Mail: croehl@balda.de, Internet: www.balda.de
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This corporate news includes "forward-looking statements" which are based on the current expectations of the management of Balda. They are subject to risks and uncertainty because they relate to events and depend on circumstances that will occur in the future, such as, for example, developments in the mobile communications industry, changes in technology and the ability to timely and successfully develop new products and various other factors. Balda does not undertake any obligation to update publicly or revise forward-looking statements except to the extent legally required. This coprorate news is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or elsewhere. The shares in Balda AG (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act") unless registered under the Securities Act or pursuant to an exemption from such registration. The Shares have not been and will not be registered under the Securities Act.
end of announcement euro adhoc
Further inquiry note:
Clas Röhl
Tel.: +49 (0) 5734 922-2728
croehl@balda.de
Branche: Semiconductors & active components
ISIN: DE0005215107
WKN: 521510
Index: CDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade