Super taxes proposed by Papua New Guinea will hit Telstra in its role as owner of Digicel, with the telco having to pay out about $36 million if the t.
Super taxes proposed by Papua New Guinea will hit Telstra in its role as owner of Digicel, with the telco having to pay out about $36 million if the t.
PNG’s largest bank to list on the Australian Stock Exchange PNG’s largest bank to list on the Australian Stock Exchange Apr 06, 2021
Analysts say the float may be worth at least $US 750 million, but Fleming has told
Islands Business that the bank ‘does not intend raising new equity capital on listing date”.
A special AGM approved the listing late March, including changing the name of the company to BSP Financial Group Limited, although the bank will continue trading across the region as BSP. He says companies could not be registered in Australia with the word “bank” as part of its company name unless they were regulated by the Australian Prudential Regulatory Authority (APRA), which BSP would not be as it will not operate as a bank in Australia.