Ordinary LGL shares holders to be paid dividends

Business, Main Stories

HOLDERS of ordinary shares with New Ireland miner Lihir Gold Ltd (LGL) will be paid their dividends on Monday.
LGL had declared an interim dividend of US$0.015 (K0.0398) per ordinary share on Oct 29.
LGL’s manager for investor relations Joel Forwood said since the company was  a PNG registered company, the dividend would be subjected to PNG withholding tax at the rate of 10% and would be unfranked.
 “The record date for this dividend was Nov 9 … shareholders with a registered address in Australia, Papua New Guinea, New Zealand, the UK or Canada will receive their dividend in the currency of the country where they are registered.”
Shareholders with addresses outside these countries will be paid  dividends in US currency.