Pay your dues, says KCH

STATE-owned entities have been challenged to work together, grow their businesses and pay dividends to the Government.
Kumul Consolidated Holdings (KCH) chairman Paul Nerau commended the achievements of the National Development Bank and Post PNG who recently paid dividends to the State.
Nerau told heads of SOEs that they were the only two which had made their dividend payments.
“The meet-and-greet is all about getting to know each other, networking, linking and doing business,” he said.
“This is a challenge to all of you. We invited you here to do things together as a family.
“Together we can – that’s the message that I’ve been driving from day one.”
The National Development Bank paid K1 million and Post PNG K500,000.
“This is a challenge to the rest of you, how much are you going to give us because as a business you have to make the committement and be responsible, as a business you have to give dividend to the shareholder, those people that put their money so that we can drive the business,” he said.
“That’s the task that we are calling upon you to make sure that we recognise this responsibility and work towards achieving in this major requirement of our business.
“KCH will ensure that you are delivering what your charter as a business is there to do for this country, we are there to assist and support you.
“We are in this business together and together we can grow the other areas. We are now looking at agriculture, tourism, fisheries, energy and many more.”