Australian Oilseeds Announces Appointment of Amarjeet Singh as Chief Financial Officer
04 March 2025 - 12:00AM
Australian Oilseeds Holdings Limited, a Cayman Islands exempted
company (the “Company”) (NASDAQ: COOT), today announced the
appointment of Amarjeet Singh as Chief Financial Officer (“CFO”)
effective February 28, 2025. Singh brings more than 20 years of
finance and accounting experience and held leadership roles at
major companies in the global agricultural sector and will replace
Bob Wu who is leaving his position to explore new opportunities
outside of the Company.
“We are excited to welcome Amarjeet as the Company’s new Chief
Financial Officer,” said Gary Seaton, Chief Executive Officer. “His
deep expertise in finance and accounting coupled with a strong
background in the global agricultural sector make him the ideal
candidate to lead our finance organization at this pivotal time.
Amarjeet is a strategic leader with a proven track record of
driving growth and productivity along with improving profitability.
On behalf of everyone at the Company, I would like to thank Bob for
his significant contributions and wish him success in his future
endeavors. I am particularly grateful for his leadership and
support over the last four years that we have worked together. He
has been a critical player to drive our strategic agenda, leading
key initiatives, which will benefit us for many years to come”
Mr. Singh commented, “It’s an exciting time to join Australian
Oilseeds as the Company continues to focus on expanding and scaling
its business globally. I look forward to working with this talented
team to strengthen our foundation and ensure we are well positioned
to deliver significant long-term sustainable growth and shareholder
value.”
Mr. Singh is an experienced financial controller with a
demonstrated history of working in the Agri-commodities and
manufacturing listed companies, with experience in financial
reporting, consolidation, budgeting, accounting, treasury
management, and management information systems (MIS) including
leadership roles at major companies in the global agricultural
sector. Before joining Australian Oilseeds, from 2018 to 2025, he
served as Head of Finance at MOI International Pty Ltd, a
subsidiary of Mewah International, a large agricultural company
listed in Singapore. From 2011 to 2017, Mr. Singh was Manager,
Accounts and Treasury, at Mewah Oils & Fats, another subsidiary
of Mewah International. Prior to Mewah, Mr. Singh held finance and
accounting roles of progressive responsibility at divisions of
large, NYSE-listed multi-national companies including General
Electric and Snap-On Tools from 2008 to 2011 and served as an Audit
Senior for BDO Lodha & Co. from 2004 to 2007. Mr. Singh is a
graduate of the Institute of Chartered Accountants of India as a
chartered accountant, specializing in Finance & Accountancy in
2007.
About Australian Oilseeds Investments Pty
Ltd.: Australian Oilseeds Investments Pty Ltd. is an
Australian proprietary company that, directly and indirectly
through its subsidiaries, is focused on the manufacture and sale of
sustainable oilseeds (e.g., seeds grown primarily for the
production of edible oils) and is committed to working with all
suppliers in the food supply chain to eliminate chemicals from the
production and manufacturing systems to supply quality products to
customers globally. The Company engages in the business of
processing, manufacture and sale of non-GMO oilseeds and organic
and non-organic food-grade oils, for the rapidly growing oilseeds
market, through sourcing materials from suppliers focused on
reducing the use of chemicals in consumables in order to supply
healthier food ingredients, vegetable oils, proteins and other
products to customers globally. Over the past 20 years, the
Company’s cold pressing oil plant has grown to become the largest
in Australia, pressing strictly GMO-free conventional and organic
oilseeds.
Forward-Looking Statements: This press
release contains "forward-looking statements" within the meaning of
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995, including but not limited to, statements
regarding our financial outlook, business strategy and plans,
market trends and market size, opportunities and positioning. These
forward-looking statements are based on current expectations,
estimates, forecasts and projections. Words such as "expect,"
"anticipate," "should," "believe," "hope," "target," "project,"
"goals," "estimate," "potential," "predict," "may," "will,"
"might," "could," "intend," "shall" and variations of these terms
and similar expressions are intended to identify these
forward-looking statements, although not all forward-looking
statements contain these identifying words. Forward-looking
statements are subject to a number of risks and uncertainties, many
of which involve factors or circumstances that are beyond our
control. For example, global economic conditions could in the
future reduce demand for our products; we could in the future
experience cybersecurity incidents; we may be unable to manage or
sustain the level of growth that our business has experienced in
prior periods; our financial resources may not be sufficient to
maintain or improve our competitive position; we may be unable to
attract new customers, or retain or sell additional products to
existing customers; we may experience challenges successfully
expanding our marketing and sales capabilities, including further
specializing our sales force; customer growth could decelerate in
the future; we may not achieve expected synergies and efficiencies
of operations from recent acquisitions or business combinations,
and we may not be able to pay off our convertible notes when due.
Further information on potential factors that could affect our
financial results is included in our most recent Annual Report on
Form 10-K and our other filings with the Securities and Exchange
Commission. The forward-looking statements included in this press
release represent our views only as of the date of this press
release and we assume no obligation and do not intend to update
these forward-looking statements.
ContactAustralian Oilseeds Holdings
Limited126-142 Cowcumbla StreetCootamundra New South Wales
2590Attn: Gary Seaton, CEOEmail: gary@energreennutrition.com.au
Investor Relations ContactReed Anderson(646)
277-1260reed.anderson@icrinc.com
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