Active Energy Group PLC Appointment of Managing Director of Southeast Asia
02 Noviembre 2023 - 1:00AM
RNS Non-Regulatory
TIDMAEG
Active Energy Group PLC
02 November 2023
Reach - non-regulatory announcement*
2 November 2023
Active Energy Group Plc
("Active Energy" or the "Company")
Appointment of Managing Director of Southeast Asia
Active Energy (AIM:AEG, OTCQB:ATGVF), a producer of
sustainably-sourced, energy-dense clean carbon products and
technologies, is pleased to announce the appointment of Kate Nga
Nguyen as the Company's Managing Director of Southeast Asia. Kate
will focus on the deployment and expansion of Active Energy's
activities throughout Southeast Asia, including building commercial
partnerships and establishing manufacturing centres in the
region.
Over the past two years, Active Energy has been expanding its
presence in Southeast Asia. The Company has continued to build its
IP portfolio, most recently the CoalSwitch Ò patent was awarded in
Malaysia, and the Company continues to proceed with additional
patent applications throughout the region. Barron Hewetson's
appointment as the Company's Chief Technical Officer in July 2023
has accelerated regional enquiries for future partnerships with
Active Energy.
The appointment of Kate Nga Nguyen as Managing Director of
Southeast Asia is the next step as Active Energy develops regional
commercial partnerships for product development and manufacturing.
As part of this strategy, the Company plans to open an office in
Vietnam in 2024.
Prior to joining Active Energy, Kate worked in Corporate
Strategy and Development for Enviva Biomass US, where she analysed
acquisition opportunities from the US, Europe, Africa, Southeast
Asia and helped integrate large acquisitions. Before joining
Enviva, she was a Senior Account Manager - M&A Team Lead at
Vietcombank Securities Ltd., an investment banking firm
headquartered in Hanoi, Vietnam. Her responsibilities included
advisory, strategic investment and financial trading, from
origination, negotiation, and execution. Kate's role provided her
with access to leading financial management funds from Southeast
Asia, Japan, Korea, and Europe to present the Vietnamese investment
opportunities. Kate's deep regional expertise and ability to expand
a company's client base will be crucial to Active Energy as it
develops manufacturing capabilities and partnerships throughout
Southeast Asia.
Kate Nga Nguyen graduated with honours from MBA at Texas A&M
University Corpus Christi. She also holds a Master of Science in
Corporate Finance from University of Texas at San Antonio and a
Bachelor from University of Economics Ho Chi Minh City.
Michael Rowan, CEO, Active Energy, said: "Kate's appointment
comes at an important time for Active Energy as we look to expand
our business into Southeast Asia to accommodate the increasing
interest in CoalSwitch (R) production . Kate's regional knowledge
and sector expertise is key for Active Energy's ability to expand
into these new geographies, develop the corporate strategy and
build new partnerships. Active Energy is committed to investing in
the region and expects it to be a huge growth market for the
business going forward."
Kate Nga Nguyen, Managing Director of Southeast Asia, Active
Energy, said: "I am delighted to be joining the Active Energy team.
Active Energy's CoalSwitch (R) product is a solution that is
urgently required in the region as countries seek to search for all
solutions to decarbonise. This is an exciting time for the Company
to be expanding into Southeast Asia and I look forward to
overseeing the future growth."
Enquiries:
Active Energy Michael Rowan (Chief info@aegplc.com
Group Plc Executive Officer)
Michelle Fagan (Chief
Financial Officer)
Allenby Nick Naylor/James Office: +44 (0)20
Capital Limited Reeve/Daniel Dearden-Williams 3328 5656
Nominated (Corporate Finance)
Adviser and Amrit Nahal (Sales/Corporate
Broker Broking)
------------------------------- -------------------------
Camarco Tom Huddart / Emily aeg@camarco.co.uk
Financial Hall / Lily Pettifar Office: +44 (0)20
PR Adviser 3757 4980
------------------------------- -------------------------
Scoville John Williams jwilliams@scovillepr.com
PR
US PR Adviser
------------------------------- -------------------------
Website LinkedIn Twitter
www.aegplc.com www.linkedin.com/company/activeenergy https://twitter.com/aegplc
@aegplc
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