Mr CM Yeung (Director, Chairman and CTO)
Green Forest Agriculture and Forest Development Company Limited (“Green Forest”) is founded by Mr CM Yeung (“Mr Yeung”). Mr Yeung started his black pellet (biocoal) research and development in 2012 in Shenzhen, China. Subsequently in 2013, he established his first experimental production line in Malaysia turning saw dust into wood pellets. In 2015, Mr Yeung upgraded his equipment and setup a production line in Indonesia, converting saw dust and other wood waste from sawmills turning them into wood pellets and then to biocoal through the torrefaction process.
After years of development, Mr Yeung realized that the amount of wood waste generated from other industries, such as lumberjack and sawmills, is not enough to produce a meaningful amount of biocoal. In addition, growing trees to produce biocoal is not sustainable. Thus, he started to look into utilizing agricultural wastes.
In 2018, Mr Yeung established a black pellet manufacturing operation headquartered in Myanmar. Using agricultural wastes as feedstock, the equipment first turn them into pellet then into biocoal. Today, the facility is ready for commercial production with an annual production capacity of 292,000 tonnes of biocoal.
Mr Vincent Lai (Director and CFO)
Mr. Lai holds a Bachelor degree in Social Sciences from the University of Hong Kong. Mr. Lai was a senior executive of Bank of America and was primarily responsible for developing and managing the bank’s business in southern region of the PRC. Mr. Lai has extensive experience in the banking and finance industry and has strong business network in the consumer electronics appliances sector.
Mr Joseph Lau (Director and CEO)
Joseph, a founding partner of Rockhound, specializes in business incubation, special investment projects as well as partnering of clients. He has extensive experience in the financing of mining projects but began his career as a research chemist in the chemical and pharmaceutical sector in Canada from 1976-1982.
From 1982-1984 Joseph worked as a Food and Drug Analyst and subsequently became Vice President (1990) with an international investment banking firm. In 1994, he was transferred to Hong Kong to head the Greater China Direct Investment Fund, and since then he has served in senior executive positions in various industries including: Financial services; Seapower International Holding Limited (Stock # 240) – Executive Director, Head of Asset Management and Head of Corporate Finance. Telecom; First Telecom/KPN Telecom, Netherlands – Executive Director, GM. Retail Jewellery; Tse Sui Luen Jewellery (International) Limited (Stock # 417) – Executive Director and Chief Investment Officer. Construction Management; WLS Holdings Limited (Stock # 8021– Executive Director and CEO), and Savills Guardian Partners (Managing Director, Diversified Management). He sat on the HK-EMBA program Advisory Board of the Telfar School of Management of the University of Ottawa (Canada) from 1997-2003 and from 2012-2015 he is Dean’s Advisory Board Member. He is currently a director of Auxico Resources Canada Inc (#AUAG) which is actively pursuing the exploration and production of minerals from high grade ores.
