Friday June 22, 2007

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Emperor plans capital return of A$0.05/share
EMPEROR Mines has announced that as part of its proposed corporate restructure, it will make a capital return of A$0.05 a share to all shareholders, accounting for A$52 million (K133 million) of surplus cash.
10 new business entities in Lae joining
Nasfund
TEN establishments in Lae will be joining the Nasfund by the end of next month, bringing the number of contributing Lae employers to 270, chief operating officer Ian Tarutia revealed yesterday.
Rabaul firm exports cocoa to Singapore
A NATIONALLY-owned company in Rabaul, East New Britain province is directly exporting cocoa to Singapore.
PNG stocks shine on ASX
OIL Search remains on target to exceed its record share price of A$4.35 despite some profit taking as the stock climbs to new highs.
Trade seminar at US Embassy today
The US Embassy and the Investment Promotion Authority (IPA) will be co-hosting a trade seminar at the embassy today.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                                                                    

    
The Tolukuma gold mine (above) in Central province will be the remaining mining interest of Emperor after selling off its stake in Barrick Gold.
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Business
ANZ Rates
SELLING
Code
Notes
TT
US$  0.3180  0.3550
AU$  0.3932  0.4382
Pound  0.1636  0.1736
Euro  0.2419  0.2569
Sing$  0.4845  0.5056
Peso  15.32  15.70
 

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