Airlines PNG to land on POMSoX

AIRLINES PNG has raised K123 million ($A49.17 million) in its initial public offering and will start trading on the Port Moresby Stock Exchange tomorrow.

Airlines PNG to land on POMSoX Airlines PNG to land on POMSoX Airlines PNG to land on POMSoX Airlines PNG to land on POMSoX Airlines PNG to land on POMSoX

Of the 210 million shares on issue at K1 each, National Superannuation Fund purchased K21 million, taking a 10% stake in the major national carrier.

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