6th Jan 2025 14:16
Woodbois Ltd - Guernsey-registered, Africa-focused timber technology firm - Says the board now comprises of two independent non-executive directors, following the resignation of Chief Executive Officer & Executive Chair Guido Theuns and Chief Financial Officer Johannes Bloemen at the end of December. It expects to appoint a management company "shortly" to support its business in Gabon, and is working to replace the two former executive directors with "lasting appointments that ensure the long-term success of the company". The firm says it is focused on restarted production, which was delayed due to "congestion in our internal logistics chain". It continues to target a production level of up to 50 containers per month, which it aims to achieve by late Spring. Read More
