Wednesday March 21, 2007

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PNG-Aussie trade expo a significant devt: Austrade
THE Government should create conducive business environment where market forces determine the successful players and where certainty of business environment encourages investment.
CPL doubles 6-month profit to K6.16 million
NET profit before tax for CPL Ltd, trading as City Pharmacy and Stop n Shop doubled last year to K6.164 million from the previous year’s figure of K2.421 million.
Highlands Pacific share issuance
Highlands Pacific Ltd has adopted resolutions concerning the recently announced placement of shares and options to Resource Capital Fund IV (RCF IV) to raise US$20 million (K62.50 million) during a special meeting at the Crowne Plaza yesterday.
Kuima Security pays dividend
THE Kuima Security Services has made its first dividend payment of K35,000 to its joint venture partner Kuima Kainantu Security Services last Wednesday.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                                                                    

    
Mr O’Byrne exchanging notes with Minister for Foreign Affairs and Trade Paul Tiensten, at this year’s Australia-PNG Business Forum in Cairns, Australia.
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Business
ANZ Rates
SELLING
Code
Notes
TT
US$  0.3180  0.3550
AU$  0.4127  0.4477
Pound  0.1640  0.1740
Euro  0.2463  0.2613
Sing$  0.4885  0.5096
Peso  15.29  15.67
 

STOCK

BUY

SELL

LAST

BSP

3.22

3.23

3.22

Credit Corp.

4.27

5.60

4.27

CPL

0.00

0.00

2.00

CUE

0.00

0.00

0.21

drd

0.00

0.00

6.50

Highlands

1.70

1.70

1.65

Inter Oil

00.00

0.00

86.00

Lihir

4.50

0.00

4.50

Mossaic

0.00

0.00

0.50

Mineralcorp

0.12

0.15

0.15

NBPO

5.60

 5.62

5.60

Oil Search

8.20

8.21

8.21

RMU

2.53

0.00

2.53

Steamships

0.00

0.00

5.00