The central government plans to transfer its 36.4% shareholding in Bougainville Copper Limited (BCL) to the Autonomous Bougainville Government (ABG), officials told reporters on May 8. BCL chairman Sir Mel Togolo made the announcement the company’s annual general meeting that this transfer would make the ABG the majority shareholder, controlling 72.9% of the company. The...
Unlock this article with Premium. To access all premium content, contact us at [email protected]
Already a member? Log in here
