First investment company lists on POMSoX

KINA Asset Management will become PNG’s first listed investment company yesterday as it made its initial public offering of K1 (A39.10c) per share on the Port Moresby Stock Exchange.

First investment company lists on POMSoX First investment company lists on POMSoX First investment company lists on POMSoX First investment company lists on POMSoX First investment company lists on POMSoX

The company is managed by Kina Funds Management, which has almost K3 billion in funds under management including Nambawan Super which had a 49% increase in its net asset value in 2007.

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