Landowners Call on Government to Lend Equity
272 views · Published 1 July 2016 · 2:35 · Indexed 22 October 2026
Channel: EMTV Online · 2016 · News & Politics
The Umbrella Land Owner Association, LASTOFIRST PNG LNG Equity Holdings Limited has called on the Government to honour its commitment by lending the 4.22 percent equity to landowners. This is part of the 2009 Kokopo Umbrella Benefit Sharing Agreement, under which the state agreed to offer the interest as commercial equity before June 30th. The equity option is an undivided and fixed 25.75 percent shareholding as granted by the state to affected landowners and provinces. - visit us at http://www.emtv.com.pg/ for the latest news...
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