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NOL NAMES CHENG DEPUTY CHAIRMAN

NOL NAMES CHENG DEPUTY CHAIRMAN

   NOL has appointed Cheng Wai Keung as deputy chairman and has expanded its board.

   Cheng joined NOL as a director in 1992 and has served on the executive committee since 1997.

   Named as non-executive directors of the Singapore-based group are Marvin J. Girouard, chairman and chief executive officer of Pier 1 Imports; and Friedbert Malt, a German banker.