Management
Paul Piercy
Independent Non Executive Chairman
Mr Piercy is a metallurgist who has held senior executive management and technical positions within the Rio Tinto Limited group during the 1980’s and 1990’s, including General Manager of Hamersley Iron’s Dampier port and rail operations, General Manager of Hamersley Iron’s Paraburdoo & Channar operations and Managing Director of Novacoal and Kembla Coal & Coke. More recently Mr Piercy was Managing Director of WesTrac Equipment from 1997 to 2000 before playing an integral role in the successful establishment of Westrac China, as its Chairman/CEO based in China. Mr Piercy has been a non-Executive Director of Australasian Resources Limited since February 2006.
Mr Piercy is a Fellow of AusIMM (Australasian Institute of Mining and Metallurgy), a Chartered Professional – Management (AusIMM) a Fellow of the Australian Institute of Company Directors and a Fellow of Australian Institute of Management.
Koh Teng Kiat
Managing Director
Mr Koh is a skilled financial expert with skills honed over almost 20 years in business in the Asia Pacific region. He has extensive experience in company financial system restructuring and has worked in the manufacturing sector, the construction sector and the petroleum sector, among others. He has worked in public companies and in multi-national businesses.
Mr Koh is also the Chief Operating Officer of Magnus Energy. He joined the company in July 2004. He currently oversees Magnus Energy’s operational aspects of crude oil production in China and coal mining activities in Indonesia. As such he addresses compliance issues, and supervises funding arrangements.
He is also a director of Mid-Continent Equipment Group Pte Ltd, Antig Investments Pte Ltd and Bridging Resources Ltd, all subsidiaries of Magnus Energy.
Mr Koh holds a degree from the Chartered Institute of Management Accountants of the United Kingdom. He is a Fellow member of both the Chartered Institute of Management Accountants of the United Kingdom and Institute of Certified Public Accountants of Singapore.
Sam di Giacomo
Non Executive Director
Mr di Giacomo brings 17 years of experience to APAC. He has been involved in numerous capital raisings at all stages from seed to IPO, and has been involved in a number of technology and distribution licensing deals. He is also a founder of a number of Australian life science companies including pSimedica Ltd, Australian Cancer Technology (now Avantogen Limited), Resonance Health Ltd, and founding director of Advance Healthcare Group Limited.
Mr di Giacomo is an Associate member of The Institute of Chartered Accountants in Australia and a Fellow of the Financial Services Institute Australia. He is a Fellow of the Australian Institute of Management and a member of the Australian Biotech Association. In addition, Mr di Giacomo is a Certified Public Accountant.
During the past 3 years Mr di Giacomo acted as Executive Director of Advance Healthcare Group Limited until his resignation on 29th September 2005 and for Rockeby Biomed Limited since 5th April 2006.
Maurice Francis Drew
Non Executive Director
Mr Drew is an Oil and Gas Technical Consultant and joined the Board as Non Executive Director on 6th September 2007. He holds a Bachelor of Science majoring in Geology and Physics from the University of Queensland. He has over forty years of experience in the petroleum exploration and production industry as General Manager, Country Manager, geophysicist, exploration manager, operations manager and acquisitions/new ventures manager in Australasia, Indonesia, China, Cambodia, Vietnam, Malaysia, Saudi Arabia, Qatar, Oman, United Arab Emirates, Egypt, Libya, Ethiopia and Myanmar. His strengths are wide ranging and includes hands on experience in the technical, operational, theoretical and commercial aspects of exploration and production operations in Australia and Asia.
Shyun Kon
Non Executive Director
Mr Shyun Kon has spent more than 25 years of his career as a consultant and director within the private sector in Singapore and Malaysia and predominantly in the areas of Strategic Planning, Business Development and Operations Management. He has developed extensive experience and networking in most of the ASEAN countries, China and Hong Kong and in many different industries such as mining, manufacturing, plantations and services. He has served as an executive director on the boards of Ipco International Ltd in Singapore and Kuantan Flour Mills in Malaysia. Currently, in addition to being a consultant to several listed companies, he is also an executive director of Industrial Power Technology Pte Ltd, a leading EPC Contractor in Biomass power plants in the ASEAN region. Mr Kon graduated with an Honours Degree in Economics and a Masters in Management from England.

