The previous uncertainty about the Chairmanship of the Securities Commission has been a significant barrier to both development of the capital market in Papua New Guinea and the ability of companies, large and small, to access capital.
“Resolution of the leadership of the Securities Commission provides the certainty the market has been seeking and needing. PNGX thanks Prime Minister James Marape for his leadership in brokering the resolution to this long-running dispute,” said PNGX chairman, David Lawrence.
