This is part of the dividend proceeds from the MRSM’s 9 per cent equity in the Ok Tedi Mine Limited (OTML) for 2020. This payment is by far the biggest dividend payment made by MRSM.
Under the Revised Benefit Sharing Agreement decision of May 22, the disbursement of this K19.4 million was distributed as cash payments to the 12 Ok Tedi Landowning villages.
