Business News

Kent's M.P. Evans Group appoints Shaw to board

Published by
Giles Gwinnett

Tunbridge Wells-based M.P. Evans Group said Luke Alexander Shaw has been appointed to its board as chief financial officer (CFO) with effect from August 1.

It follows news from the palm oil producer in May this year, which announced a number of changes to its board and senior management.

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In a stock market statement on August 1, the firm said that Shaw, 37, has been a director in the last five years at Servomex Group Limited, Servomex Company, Servomex S.A, Servomex Middle East L.L.C.2.

Shaw does not have a shareholding in M.P. Evans, it added.

AIM -listed M.P. Evans has plantations in five Indonesian provinces and has an investment in a property company in Malaysia.

The company says its goal is to maintain steady expansion of its majority-owned Indonesian palm-oil estates in a sustainable and cost-effective manner, and to provide increasing returns for investors.

Giles Gwinnett

Giles Gwinnett is a writer at The Business Magazine. He has been a journalist for more than 20 years and covered a vast array of topics at a range of media settings - in print and online. After his NCTJ newspaper training, he became a reporter in Hampshire before moving to a news agency in Gloucestershire. In recent years, he has been covering the financial markets along with company news for an investor-focused web portal. His many interests include politics, energy and the environment. He lives in Dorset.

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