Kina Petroleum to re-domicile

KINA Petroleum is to re-domicile from Papua New Guinea to the Virgin Islands, believed to be the first of its kind under a new PNG regulation, the Capital Markets Act.

Kina Petroleum to re-domicile Kina Petroleum to re-domicile Kina Petroleum to re-domicile Kina Petroleum to re-domicile Kina Petroleum to re-domicile

Richard Schroder

The company proposes to re-domicile by way of a so-called ‘top-hat' scheme of arrangement under PNG law with Kina Petroleum Corporation, a British Virgin Islands company.