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This profile was last updated on 9/26/14  and contains information from public web pages.

Chairman, President and Chief Exe...

Phone: (416) ***-****  HQ Phone
McVicar Resources Inc.
55 University Avenue Suite 605
Toronto, Ontario M5J 2H7
Canada

Company Description: McVicar Industries Inc., formerly McVicar Resources Inc., is a Canada-based company. The Company has three segments: mineral exploration, which explores for various...   more
Background

Employment History

  • President and Chief Executive Officer
    McVicar Resources Inc.
  • President and Chief Operating Officer, Director
    McVicar Minerals Ltd.

Board Memberships and Affiliations

Education

  • Doctorate Degree , Geology
    University of Toronto
48 Total References
Web References
Dr. Gang Chai, Director, ...
www.mcvicar.ca, 26 Sept 2014 [cached]
Dr. Gang Chai, Director, President & CEO, is an entrepreneur specifically focused on consulting and investment between Canada and China. He initially worked for the federal government in Ottawa for two years after obtaining a Ph.D. from the University of Toronto. Dr. Chai has consulted for numerous international companies doing business in China in the middle 1990s. He founded McVicar Minerals Ltd. which was engaged in mineral exploration in Canada and China. The company merged with China based Hanfeng Evergreen Inc. in 2003 and is traded in the Toronto Stock Exchange at present. Dr. Chai founded and has been CEO of McVicar Resources Inc. since 2003.
"This is another encouraging development ...
www.mcvicar.ca [cached]
"This is another encouraging development from our Chinese subsidiaries", commented Dr. Gang Chai, President & CEO of McVicar, "With the increasing market demand for quality and stable medicines in China, Changlong stands a much better opportunity than its peers to grow its sales and market share based on the company's advanced technology".
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"I am very pleased with the results," said Dr. Gang Chai, President and CEO.
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"This is a great development for our company in establishing a formal, cooperative relationship with an elite research institute in China", commented Dr. Gang Chai, President & CEO of McVicar.
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Hongbo's emphasis on innovation and product quality has helped to build the company's reputation, both domestically and internationally," commented Dr. Gang Chai, President & CEO of McVicar, "We are confident that our chemical business will continue to experience rapid growth."
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It is the direct result of the collaborative efforts between ourselves and one of China's top Chemical Institutes, the Shanghai Institute of Organic Chemistry", commented Dr. Gang Chai, President & CEO of McVicar, "We see tremendous opportunities for our products as a result of customer satisfaction and market demand."
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As a result of the company's focus on R&D, and its dedication to product quality, Hongbo has obtained numerous international orders in recent months", commented Dr. Gang Chai, President & CEO of McVicar, "This order is only the beginning of our multiple product offerings.
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The recognition of our products and services with more international companies clearly shows that Hongbo can provide high quality products with a reasonable price", commented Dr. Gang Chai, President & CEO of McVicar, "With continued efforts of Hongbo we believe there will be more orders and sales from other international companies.
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The company was able to earn increased confidence from one of the top quality chemical companies in the world and in such a short period of time", commented Dr. Gang Chai, President & CEO of McVicar, "With an inventory of a series of high quality products developed previously, Hongbo is very well positioned to capture greater growth opportunities in the future".
...
said Gang Chai, McVicar's President and CEO.
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It is a further step for McVicar to add new lines of technology and products to our intermediate chemicals for the pharmaceutical industry", Dr. Gang Chai, McVicar's CEO, commented.
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"We are very pleased with the increased interest from a world leading chemical company", said Dr. Gang Chai, President & CEO of McVicar, "Hongbo represents an important investment for McVicar.
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MCVICAR APPOINTS NEW DIRECTORS: At the Annual General and Special Meeting of the shareholders of McVicar Resources Inc. on June 19, 2007 was the election of Gang Chai, D. James Misener, Raymond Morley, Anthony Naldrett, and Kang Hongjie to the Company's Board of Directors.
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Ltd.," commented Dr. Gang Chai, McVicar's CEO.
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Dr. Gang Chai, the CEO of McVicar has been appointed a Director and Chairman of the Board of Jite.
McVicar purchased these shares of Jite for investment purposes and McVicar has no plans to acquire any additional shares of Jite at this time. McVicar Resources has recently acquired interests in numerous other successful China-based industrial businesses. The acquisition of Jite follows McVicar's strategy of acquiring businesses that purposefully fit with its overall China strategy.
For further Information, please contact Dr. Gang Chai at: 55 University Avenue, Suite 605, Toronto, ON M5J 2H7 Tel: (416)366-7420 Fax (416)366-7421
McVicar Industries Inc.
www.mcvicar.ca, 26 Sept 2014 [cached]
AMALGAMATION COMPLETED McVicar Industries Inc. ("McVicar") (TSXV symbol MCV) announces that its amalgamation (the "Amalgamation") with 1909734 Ontario Limited, a wholly owned subsidiary of GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer, to form a new corporation ("Amalco") named McVicar Industries Inc. which will be a wholly owned subsidiary of GCCI. --click here to see details
PROPOSED AMALGAMATION RECEIVES 96.9% SHAREHOLDER APPROVAL McVicar Industries Inc. ("McVicar") (TSXV symbol MCV) announces that at its special meeting of shareholders held today (the "Meeting") Shareholders have passed a special resolution approving the proposed amalgamation (the "Amalgamation") of McVicar with 1909734 Ontario Limited, a wholly owned subsidiary of GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer, to form a new corporation ("Amalco") to be named McVicar Industries Inc. which will be a wholly owned subsidiary of GCCI.
...
ENTERS MERGER AGREEMENT WITH PRINCIPAL SHAREHOLDER McVicar Industries Inc. ("McVicar" TSXV symbol MCV) announces today that it has entered into a merger agreement (the "Merger Agreement") with GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer, pursuant to which McVicar has agreed, subject to regulatory and shareholder approval, to amalgamate (the "Amalgamation") under s. 174 of the Business Corporations Act (Ontario) with 1909734 Ontario Limited, a wholly owned subsidiary of GCCI, to form a new corporation to be named McVicar Industries Inc. which will be a wholly owned subsidiary of GCCI. --click here to see details
MCVICAR ANNOUNCES CHANGES TO THE SHAREHOLDING OF MAJOR SHAREHOLDER McVicar Industries Inc. (TSX-V "MCV") announces that its chief executive officer, Dr. Gang Chai, has acquired control, through a controlled corporation, of the number of common shares of McVicar.
McVicar Announces Proposed Business Combination With Dalian Hanfeng Evergreen Turf Technologies Inc.
biz.yahoo.com, 22 Jan 2003 [cached]
Dr. Gang Chai, President & Chief Operating Officer, Director
Dr. Chai resides in Toronto Ontario and is a scholar turned entrepreneur.He founded McVicar and China-emall Corp., a subsidiary of VHS Network listed on the OTCBB.Dr. Chai has a Doctorate Degree in Geology from the University of Toronto.He has consulted for a number of international companies on their business in China.Dr. Chai combines his Chinese background with his Canadian education and business experience.Dr. Chai will hold 352,696 common shares of Amalco on the completion of the Business Combination.
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Dr. Gang ChaiPhone: (416) 366-7420Fax: (416) 366-742156 Temperance Street, Suite 501Toronto, Ontario M5H 3V5
The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.
Source: MCVICAR MINERALS LTD.
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AMALGAMATION COMPLETED: McVicar ...
www.mcvicar.ca, 5 May 2014 [cached]
AMALGAMATION COMPLETED: McVicar Industries Inc. (" McVicar") (TSXV symbol MCV) announces that its amalgamation (the "Amalgamation") with 1909734 Ontario Limited, a wholly owned subsidiary of GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer, to form a new corporation ("Amalco") named McVicar Industries Inc. which will be a wholly owned subsidiary of GCCI.
...
PROPOSED AMALGAMATION RECEIVES 96.9% SHAREHOLDER APPROVAL: McVicar Industries Inc. (" McVicar") (TSXV symbol MCV) announces that at its special meeting of shareholders held today (the "Meeting") Shareholders have passed a special resolution approving the proposed amalgamation (the "Amalgamation") of McVicar with 1909734 Ontario Limited, a wholly owned subsidiary of GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer, to form a new corporation ("Amalco") to be named McVicar Industries Inc. which will be a wholly owned subsidiary of GCCI.
The special resolution was passed by 15,663,013 votes or approximately 96.9% of the 16,169,999 votes cast at the Meeting. Excluding the votes attaching to the 6,261,182 shares owned by GCCI and related parties, the special resolution was passed by 9,401,831 or approximately 94.9% of the votes by unrelated minority shareholders. A total of 506,986 votes were cast against the resolution.
"I am very gratified" said Dr. Gang Chai "that the overwhelming majority of McVicar shareholders have supported this transaction and accepted that the $0.50 per share cash consideration, (a more than 126% premium to the prevailing price prior to the announcement of the Amalgamation) represents a fair price for McVicar shares.
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The rescheduling of the meeting is to allow sufficient time for Evans & Evans, Inc. to complete the formal valuation of McVicar and their opinion as to the fairness, from the financial point of view, (collectively the "Valuation") of the previously announced, proposed amalgamation (the "Amalgamation") of McVicar with 1909734 Ontario Limited, a wholly owned subsidiary of GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer.
...
ENTERS MERGER AGREEMENT WITH PRINCIPAL SHAREHOLDER: McVicar Industries Inc. (" McVicar" TSXV symbol MCV) announces today that it has entered into a merger agreement (the "Merger Agreement") with GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer, pursuant to which McVicar has agreed, subject to regulatory and shareholder approval, to amalgamate (the "Amalgamation") under s. 174 of the Business Corporations Act (Ontario) with 1909734 Ontario Limited, a wholly owned subsidiary of GCCI, to form a new corporation to be named McVicar Industries Inc. which will be a wholly owned subsidiary of GCCI.
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MCVICAR ANNOUNCES CHANGES TO THE SHAREHOLDING OF MAJOR SHAREHOLDER: McVicar Industries Inc. (TSX-V "MCV") announces that its chief executive officer, Dr. Gang Chai, has acquired control, through a controlled corporation, of the number of common shares of McVicar set opposite such dates:
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Due to the cancellation of 6,839,800 of its common shares, as a result of the closing of the sale of McVicar's wholly-owned subsidiary Zhejiang Hongbo Chemical Co., Ltd. (announced on January 20, 2014), the percentage holdings of McVicar common shares by Dr. Chai increased from 10.42% to 12.90%.
The change in Dr. Chai's percentage shareholding in McVicar was as a result of the Hongbo transaction and not as a result of any action by Dr. Chai and no consideration was paid to him for same. Dr. Chai intends to hold its shares for investment purposes.
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