Richard Samuel Elman Richard Samuel Elman Chairman and Executive Director Mr. Elman is the founder and Chairman of the Company. He first arrived in Asia during the mid-1960s from England and has more than 50 years experience in the physical commodities industry. Prior to setting up the group in 1986, he spent 10 years with Phibro as Regional Director of their Asia operations, including two years in New York as a Board Director.

The head of Hong Kong trader Noble Group, Richard Elman, says the current volatile market conditions are good for deal activity, warning that the downward cycle will sort out the weaker companies.

Richard Samuel Elman Richard Samuel Elman Chairman and Executive Director Mr. Elman is the founder and Chairman of the Company. He first arrived in Asia during the mid-1960s from England and has more than 50 years experience in the physical commodities industry. Prior to setting up the group in 1986, he spent 10 years with Phibro as Regional Director of their Asia operations, including two years in New York as a Board Director. Richard Samuel Elman Vice Chairman Richard Samuel Elman Chairman and Executive Director Mr. Elman is the founder and Chairman of the Company. He first arrived in Asia during the mid-1960s from England and has more than 50 years experience in the physical commodities industry. Prior to setting up the group in 1986, he spent 10 years with Phibro as Regional Director of their Asia operations, including two years in New York as a Board Director. Richard Samuel Elman Chairman Richard Samuel Elman Chairman and Executive Director Mr. Elman is the founder and Chairman of the Company. He first arrived in Asia during the mid-1960s from England and has more than 50 years experience in the physical commodities industry. Prior to setting up the group in 1986, he spent 10 years with Phibro as Regional Director of their Asia operations, including two years in New York as a Board Director. Richard Samuel Elman Richard Samuel Elman Chairman and Executive Director Mr. Elman is the founder and Chairman of the Company. He first arrived in Asia during the mid-1960s from England and has more than 50 years experience in the physical commodities industry. Prior to setting up the group in 1986, he spent 10 years with Phibro as Regional Director of their Asia operations, including two years in New York as a Board Director. Richard Samuel Elman Richard Samuel Elman Chairman and Executive Director Mr. Elman is the founder and Chairman of the Company. He first arrived in Asia during the mid-1960s from England and has more than 50 years experience in the physical commodities industry. Prior to setting up the group in 1986, he spent 10 years with Phibro as Regional Director of their Asia operations, including two years in New York as a Board Director.

Richard Samuel Elman Richard Samuel Elman Chairman and Executive Director Mr. Elman is the founder and Chairman of the Company. He first arrived in Asia during the mid-1960s from England and has more than 50 years of experience in the physical commodities industry. Prior to setting up the group in 1986, he spent 10 years with Phibro as Regional Director of their Asia operations, including two years in New York as a Board Director.

Richard Samuel Elman Richard Samuel Elman Chairman and Executive Director Mr. Elman is the founder and Chairman of the Company. He first arrived in Asia during the mid-1960s from England and has more than 50 years of experience in the physical commodities trading industry. Prior to setting up the group in 1986, he spent 10 years with Phibro as Regional Director of their Asia operations, including two years in New York as a Board Director. Richard Samuel Elman Vice Chairman Richard Samuel Elman Chairman and Executive Director Mr. Elman is the founder and Chairman of the Company. He first arrived in Asia during the mid-1960s from England and has more than 50 years of experience in the physical commodities trading industry. Prior to setting up the group in 1986, he spent 10 years with Phibro as Regional Director of their Asia operations, including two years in New York as a Board Director. Richard Samuel Elman Chairman Richard Samuel Elman Chairman and Executive Director Mr. Elman is the founder and Chairman of the Company. He first arrived in Asia during the mid-1960s from England and has more than 50 years of experience in the physical commodities trading industry. Prior to setting up the group in 1986, he spent 10 years with Phibro as Regional Director of their Asia operations, including two years in New York as a Board Director. Richard Samuel Elman Richard Samuel Elman Chairman and Executive Director Mr. Elman is the founder and Chairman of the Company. He first arrived in Asia during the mid-1960s from England and has more than 50 years of experience in the physical commodities trading industry. Prior to setting up the group in 1986, he spent 10 years with Phibro as Regional Director of their Asia operations, including two years in New York as a Board Director. Richard Samuel Elman Richard Samuel Elman Chairman and Executive Director Mr. Elman is the founder and Chairman of the Company. He first arrived in Asia during the mid-1960s from England and has more than 50 years of experience in the physical commodities trading industry. Prior to setting up the group in 1986, he spent 10 years with Phibro as Regional Director of their Asia operations, including two years in New York as a Board Director.