News

Pernix Appoints Abhyash Chand as Chief Financial Officer of Pernix Pacific

Featured image

“I am excited for the opportunity to have this important role with Pernix as we continue to grow our operations in the Pacific Rim.”

Abhyash Chand, CFO of Pernix Pacific

Pdf version

Pernix Appoints Abhyash Chand as Chief Financial Officer of Pernix Pacific

LOMBARD, IL — September 29, 2015 — Pernix Group, Inc. (OTCQB: PRXG) proudly announces Abhyash Chand as the Chief Financial Officer of Pernix Pacific. Mr. Chand has been with Pernix since 2006, where he started as the Regional Financial Controller for Pernix Fiji Limited. In his new role, he will be responsible to provide the financial leadership for Pernix’s subsidiary companies in the Pacific Rim and enhance stakeholder value.  Pernix currently operates on Fiji, Vanuatu, Guam and Papua New Guinea within the Pacific Rim and has been working in the region for nearly twenty years.

Mr. Nidal Zayed, President and CEO stated, “Abhyash has been a loyal employee in our Fiji office for nearly ten years.  He knows Pernix and he knows the Region. We are committed to growing our operations in the Pacific Rim, and Abhyash has an important role in that process.”  He went on to say, “I have complete faith in him in this role as the CFO of Pernix Pacific.”

Mr. Chand said, “I am excited for the opportunity to have this important role with Pernix as we continue to grow our operations in the Pacific Rim.”

Mr. Chand is a graduate of the University of the South Pacific where he holds a Bachelor’s degree in Accounting & Financial Management and Banking & Finance.

About Pernix Group, Inc.

Pernix Group, Inc. is a construction company recognized by Engineering News-Record for being one of the Top 50 American Contractors Working Abroad for the last four years in a row. Headquartered in Lombard, Illinois, Pernix has operations in the United States, Asia, Africa, the Middle East, and the Pacific Rim. Pernix has full-scale construction and management capabilities, in three primary markets: Federal Government, Commercial & Industrial, and Power. Recently, Pernix Group expanded its domestic Commercial & Industrial operations by acquiring KBR Building Group, now known as BE&K Building Group.  Pernix also expanded its Pacific operations this year by acquiring assets of DCK Pacific Guam, now operating as Pernix Guam LLC.

Pernix Group, Inc. common stock is traded on the over-the-counter quotation board (OTCQB) under the symbol PRXG. Additional information is available at www.pernixgroup.com.

Forward-Looking Statement

Certain of the statements made in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and other factors that could cause or contribute to actual results differing materially from such forward-looking statements are discussed in greater detail in the Company’s filings with the U.S. Securities and Exchange Commission.

Contact Investor Relations:

investorrelations@pernixgroup.com