Koo Luen Bong

Biography

Mr. Koo, aged 66, has over 35 years’ experience in auditing, accounting and capital market. Mr. Koo has been the founder and director of Easywell Marine Engineering Limited since 1997, had been the independent non-executive director of Greens Holdings Limited, a company listed on the Main Board of the Stock Exchange (stock code: 1318) from March to November 2015 and had been an executive director of by 21CN Cybernet Corporation Limited (currently known as Alibaba Health Information Technology Limited), a company listed on the Main Board of the Stock Exchange (stock code: 0241) from September 2000 to October 2001. Mr. Koo graduated from Hong Kong Baptist University in 1976 with a major in Business Management and Accounting. 

Research Interest

Pearl Petroleum is one of the largest private investors in the Kurdistan region in the oil and gas sector. It indirectly provides electricity supply to over four million people in Iraq.[6] In addition to increasing gas supply for domestic market and industry use, Pearl Petroleum also exports to foreign markets.The first stage of the commissioning of the Khor Mor field begun by recommissioning existing gas wells, building gas separation and treatment facilities, and the construction of 180 kilometres (112 mi)s of pipeline.[6] The first gas supply to the Erbil plant commenced in October 2008. The second stage, completed in 2011, involved the installation of a two-train liquid petroleum gas (LPG) plant with current gas production capacity of 330 MMscf/day.In a report titled Dana Gas and Crescent Petroleum Gas Project in Kurdistan Region of Iraq : Socio Economic Benefits Report authored by global accounting firm PwC, the savings to Kurdistan Regional government by migrating from diesel to cheaper gas is quantified at USD 15.9 billion since inception.[7] The report further mentions that the project has achieved an average savings of USD 300 million per annum in Greenhouse gas reduction.