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Vmoto Appoints Simon Farrell As Chairman

Scooter manufacturer Vmoto (ASX: VMT, AIM:VMT) has appointed Simon Farrell as its non-executive chairman and chief financial officer Yin How (Ivan) Teo as its finance director.

Farrell has over 30 years' experience in private and public corporate business especially in the mining industry at senior management and board level, principally in the areas of finance, marketing and general management.

He was previously managing director of Coal of Africa (ASX: CZA, LON:CZA) where he was responsible for growing the company to a market capitalisation of more than £1 billion.

Farrell currently resides in London and has very strong relationships with brokers and fund managers in the UK.

"We are pleased to welcome both Simon and Ivan to the board of Vmoto. Simon's experience in global business, dealings in China and his respect in the broking and capital markets in London will be important for us as we continue to grow the Company," managing director Charles Chen said.

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