Stockholders of SEM-Calaca Power Corp. (SCPC), a subsidiary of Semirara Mining Corp. (PSE: SCC), have approved: (1) the election of directors to complete the full board of 11, as earlier approved by the Securities and Exchange Commission (SEC); (2) appointment of officers; and (3) the creation of corporate governance committees.
The newly appointed directors include Ma. Edwina C. Laperal and Rodolfo C. Salazar as Regular Directors, and Victor C. Macalincag and Federico E. Puno as Independent Directors. Isidro A. Consunji was appointed Chief Executive Officer (CEO) while Victor A. Consunji was appointed Chief Operating Officer and President.
The corporate governance committees formed are as follows:
- Audit Committee
- Compensation Committee
- Nomination and Election Committee
- Compliance Committee