Please find attached ASX/PNGX Announcement (code: ASX:KSL | PNGX:KSL) announcement “Full-Year 2021 Results Update”
Please find attached ASX/PNGX Announcement (code: ASX:KSL | PNGX:KSL) announcement “Full-Year 2021 Results Update”
Papua New Guinea’s economy is expected to grow by 5.4% in real term in 2022 following a muted recovery of 1.5% in 2021, according to National Budget estimates.
Welcome to this week’s Weekly Report, the final report for 2021. We would like to thank you our clients for your business and we look forward to assisting you with your investment needs in 2022. I hope you have enjoyed the Weekly Report throughout 2021, I try to make it interesting and informative.
Please find attached Santos Limited (code: STO) announcement “Update – Proposed Issue of Securities”
Santos – Moody’s assigns Santos investment grade credit rating.
Please find attached Santos (code: STO) announcement “Moody’s assigns Santos investment grade credit rating”
Future of the board – Governance Institute of Australia, Research Partner Diligent
We are delighted to share the Future of the Board report with you, Governance Institute of Australia’s key thought leadership project for 2021.
PNGX advises that it has received an application from Santos Limited (“STO”) for listing on PNGX as an Exempt Foreign Company in accordance with the Listing Rules. The PNGX Board will consider the application today. The result of the Board’s consideration will be advised later this afternoon
Oil Search Limited (code: OSH) has announced that the National Court of Justice of PNG has made orders approving the proposed scheme of arrangement for Santos to acquire all of the shares in Oil Search in return for the issue of new Santos shares to Oil Search shareholder (the “Scheme”). Under the scheme, Santos will issue new Santos shares (the New Santos Shares) to Oil Search shareholders at a ratio of 0.6275 New Santos Shares for each existing Oil Search share (the Scheme Consideration).
ICCC approval in relation to Merger
Please refer attached ASX announcement released today confirming that PNG Court has today made orders approving the scheme of arrangement.
Market Alert: ICCC approval in relation to Merger – JMP Markets