Edition:
India

Oil Search Says Shares On PNG's Stock Exchange Suspended From June 2


Wednesday, 3 Jun 2020 

June 3 (Reuters) - Oil Search Ltd ::SECURITIES COMMISSION OF PAPUA NEW GUINEA ISSUED ORDERS THAT TRADING OF CO'S SHARES ON PNG'S STOCK EXCHANGE BE SUSPENDED FROM 2 JUNE.ORDER RELATES TO ALLEGATIONS CO BREACHED PNG CAPITAL MARKET ACT BY NOT GETTING NOD FOR PNG RETAIL COMPONENT OF CAPITAL RAISING.DOES NOT AGREE WITH ORDERS ISSUED BY ACTING CHAIRMAN OF SECURITIES COMMISSION OF PNG; CONFIDENT APPROVALS CO RECEIVED ARE VALID.