Oct 09, 2012. /Lesprom Network/. Sino-Forest Corporation announced that Kai Kit Poon has ceased to be employed by the Company.Mr. Poon co-founded Sino-Forest in 1994 and became President and a director of the Company at that time. Mr. Poon served as a director until 2009. Since then his responsibilities were principally focused on liaising with various PRC provincial government authorities, as the company said in the press release received by Lesprom Network. In connection with the cessation of his employment, Mr. Poon has ceased to be the President of the Company and has ceased to hold positions in certain subsidiaries of the Company. Sino-Forest operates and manages approximately 894,200 hectares of plantations and downstream manufacturing operations spanning eleven key provinces across China.