- Sports News : Ben Frame board blames impasse for PNG Pukpuks fall-out [24/05/2017 - Papua New Guinea]
- Sports News : Cook Islands Rugby Union a bit apprehensive of new eligibility rule [24/05/2017 - Cook Islands]
- News Feature : RAMSI chapter ends in Australiaís Pacific story [24/05/2017 - Australia]
- News Feature : Leaders discuss important issues at Green Growth Retreat [24/05/2017 - Tonga]
- Business News : Kiribati private business buys Tuvaluís Nivaga II to operate in Kiribati [24/05/2017 - Kiribati]
- Business News : NFA to address illegal fishing in PNG waters [24/05/2017 - Papua New Guinea]
- News : UN conference turns spotlight on Fijiís women weather watch network [24/05/2017 - Mexico]
- News : India pledges US$1M to help Fijiís Presidency at COP 23 [24/05/2017 - Fiji]
- News : Nauru refugee quietly arrives [24/05/2017 - Cambodia]
- News : PNG police chief blasted over Indonesian training idea [24/05/2017 - Papua New Guinea]
- News : Solomon Islands to host sixth Melanesian festival [24/05/2017 - Solomon Islands]
- News Feature : Commonwealth offers climate vulnerable states ďa light at the end of the tunnelĒ [24/05/2017 - United Kingdom]
- Sponsored : Oceania National Olympic Committees (ONOC)
Bank South Pacfic (BSP) confirmed Monday it is currently exploring potential secondary listing on the Australian Securities Exchange (ASX).
The confirmation was from the BSP Group chairman Sir Kostas Constantinou.
Sir Kostas said the bank was aware of speculation regarding a potential secondary listing of BSP on the ASX.
“As previously announced to Port Moresby Stock Exchange (POMSoX), BSP has been assessing how it might improve the liquidity of its share register.
“In that context, BSP confirms that it is currently exploring a potential secondary listing on ASX (Potential Listing),” Sir Kostas said.
The chairman said timing and size of any offer under the Potential Listing will depend on a number of factors within and outside BSP’s control, including prevailing market conditions and investor appetite.
“BSP will provide an update if and when there are any material developments,” Sir Kostas said.
The group chief executive officer (CEO) Robin Fleming last week told a news conference that the option had not been ruled out and that shareholders would be kept abreast with any latest developments.
SOURCE: POST COURIER/PACNEWS
Pacific Islands News Association
Who & What is PINA?
International News Safety Institute (INSI)
Media Helping Media