BilDevCo Landowners receive first dividend payments

January 19, 2010

NCS Kainantu assisted with the dividends directly to the 10 Landowner clans that make up joint venture partnership, BilDevCo Limited.

NCS Commercial Business Manager, Romeo Robinson, was invited to Bilimoia 1 village for the occasion by Jackson Yuave, Barrick Business Development Manager.

In his speech to Shareholders and Directors, Romeo thanked them for the invitation and stated “NCS is a PNG company and we are glad to be in a joint venture arrangement with you. We have been waiting for a meeting like this, especially to witness dividend payments to shareholders in the village”.

He continued “This distribution of benefits is one we’ve worked hard to earn together. We hope this is the first of many opportunities for NCS to celebrate the success of our businesses with our many JV businesses” said Romeo.

“We run our joint venture business in a transparent manner, and I look forward to the partnership continuing in the years ahead” Romeo continued.

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