New Strategic Direction provides focus for future growth: Credit Corporation delivers strong FY2019 result
For the Full Year to 31 December 2019. Results for announcement to the market
Credit Corporation (PNG) Limited results for the year to 31 December 2019 compared with results for the year to 31 December 2018.
Directors The Directors present this report together with the Consolidated Financial Report for the year ended 31 December 2019.
The Board of Credit Corporation (PNG) Limited (the “Company” or “Credit Corporation”) is pleased to announce that, in response to the non-binding shareholder resolutions passed at the Annual General Meeting on 27 June 2019, it has completed its review of the likely impacts of a potential in specie distribution of the shares held by the Company in Bank of South Pacific Limited (“BSP”) (the “Proposal”).
This notice is issued to inform the market that Mr. Johnson Kalo resigned from the Board of
Credit Corporation (PNG)
CCP Resignation of Director PNGX
This presentation has been prepared and issued by Credit Corporation (PNG) Limited (the “Company”), and may not be reproduced in whole or in part, nor may any of its contents be disclosed to any other person without the prior written consent of the Company.
This presentation is provided by the Company for general information purposes only, without taking into account any recipient’s personal objectives, financial situation or needs. It should not form the basis of or be relied on by the recipient in considering the merits
Credit Corporation Group delivered an excellent first half to 30 June 2019 (1H19) with a 31.5% increase in Core Operating Profit to K70.7m and a 12.6% increase
CCP 2019 Half Year Results PNGX
Results for announcement to the market
Comparisons of current half year to 30 June 2019 are with the half year to 30 June 2018.
The Credit Corporation Board has today advised that it has appointed an independent consultant
to assist the Board in its consideration of strategic options to deliver enhanced value to
As part of the Group’s new strategic direction, the Board has appointed PwC
CHANGE OF DIVIDEND PAYMENT METHOD
Credit Corporation (PNG) Limited “CCP” today announces a change to the method of payment
of dividends to shareholders.