Representatives from the five beneficiary groups signed ‘Unit Application Agreements’ with Kumul Petroleum Holdings Managing Director, Wapu Sonk, for the transfer of shares to the beneficiary groups through the exercising of the Kroton Equity Option using KPHL’s Vendor Finance.
The beneficiary groups include PNG LNG Plantsite, PNG LNG Pipeline, PDL 9 – Juha, PDL 4 – Gobe, and the Fly River Provincial Government.
