MTSL final road show in Highlands

Business, Normal
Source:

The National, Monday March 31st, 2014

 THE Melanesian Trustee Services Ltd (MTSL) has launched the final road show for this month.
The road show was part of the fund’s plans to wind down the process of identifying unverified unit holders before the trading of Pacific Balanced Fund (PBF) units begins in August.
MTSL is the private fund manager of investment fund PBF.
MTSL went to the Highlands region where meetings were held with unit holders and verification processes carried out.
The process took place in Enga, Southern Highlands, Western Highlands and Jiwaka.
The second team went to Popondetta while the third was holding similar activities in West New Britain.
PBF senior trading executive Isaac NcNerbai said the response from PBF unit holders was overwhelming.
“The teams identified a good number of unit holders, including those holding significant number of units,” MTSL chief executive Kennedy Wemin said.