PanAust announces support for the 14th annual Sepik River Crocodile and Arts Festival

PanAust announces support for the 14th annual Sepik River Crocodile and Arts Festival

PanAust – through its wholly owned subsidiary Frieda River Limited (FRL) – has announced its support of the 14th Annual Sepik River Crocodile and Arts Festival.

Held in Ambunti, East Sepik Province from 5th – 7th August 2022, the festival is a three-day cultural celebration.

General Manager Projects and Infrastructure and FRL Director, Phil McCormack said FRL has supported the festival since 2011 and is proud to watch the celebration of culture growing popular and successful each year.

“We’re pleased to support the celebration of local cultures and traditions along the Sepik corridor and the hosting of the event again this year after a two-year hiatus due to the COVID-19 pandemic,” Phil said.

Festival organising committee secretary, Jacob Marek, thanked FRL for its continuous support of the festival over the years.

“Frieda River Limited is one of the first to respond to our requests for assistance. I thank the management and acknowledge the Company’s support over the years. The organising committee looks forward to partnering with FRL again next year.”

The festival highlights the crocodile and its cultural significance to the communities living along the Sepik River. A total of 15 cultural groups will display cultural performances at the Ambunti station, East Sepik Province.

Mr Lei Feng

Non Executive Director

Mr Lei Feng has over 20 years of financial management experience in various sectors including printing, packaging, shipbuilding, grain trading, mining and finance.

Mr Feng began his career in 2004 as a Financial Accountant at C & C Joint Printing Co., (Guangdong) Ltd., after completing a Masters of Business Administration degree between 2002 and 2004 at Sun Yat-Sen University.

After five years, in 2009, Mr Feng was appointed as Financial and Executive Manager at Heshan Innopak Co., Ltd. Since 2013, Mr Feng has held senior financial positions with various Guangdong state-owned companies regulated under the State-owned Assets Supervision and Administration Commission.

In 2013, Mr Feng took up a new appointment as Financial Controller, at Guangxin Shipbuilding and Heavy Industry Co., Ltd and was appointed in 2016, as the Financial Controller with Donlink Group Co., Ltd.

In 2018, Mr Feng joined Guangdong Rising Holdings Group Co. Ltd., (GRHG) as the Deputy General Manager of the Finance Department and later in 2020 he was appointed as General Manager of Finance. In early 2022, Mr Feng took on his current position of General Manager of Guangdong Rising Investment Development Co., Ltd, with GRHG.

Mr Feng became a Non-executive Director of the PanAust Limited Board of Directors on 10 May 2022.