Sino-Forest Announces Personnel Change

TORONTO, Sept. 27, 2012 /CNW/ - Sino-Forest Corporation ("Sino-Forest" or the "Company") announced today that David Horsley has ceased to be employed by the Company.

Mr. Horsley was the Senior Vice President and Chief Financial Officer of the Company from October of 2005 until April of 2012.  In April 2012 Mr. Horsley resigned as Chief Financial Officer, at the Company's request, following the receipt by the Company and certain of its former officers, including Mr. Horsley, on April 5, 2012, of "Enforcement Notices" from Staff of the Ontario Securities Commission.  Enforcement Notices typically are issued by staff of the Commission at or near the end of an investigation, identify issues that have been the subject of investigation, and advise that staff contemplate commencing formal proceedings in relation to those issues.

On May 22, 2012, together with the Company and others, Mr. Horsley was named as a respondent in a proceeding commenced by staff of the Ontario Securities Commission.

Mr. Horsley continued at Sino-Forest after resigning as Chief Financial Officer of the Company until he ceased to be employed by the Company on September 27, 2012. 

SOURCE: Sino-Forest Corporation

For further information:

FOR MEDIA INQUIRIES PLEASE CONTACT:
BRUNSWICK GROUP LIMITED 
Email: sinoforest@brunswickgroup.com 

New York
Stan Neve
Tel: +1 212 333 3810

Hong Kong
Tim Payne
Cindy Leggett-Flynn
Tel: +852 3512 5000

Profil de l'entreprise

Sino-Forest Corporation

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