Petroleum Resources Kutubu is the major shareholder in the Star Mountain Plaza Project. The State and landowners also own shares in the project.

MRDC Managing Director Augustine Mano told media friends and trustees during a tour to witness progress made in the project. With an asset of K1.8 billion, PRK has 45 per cent interest in the K1.2 billion project, government has 20 per cent and the rest are owned by landowners including Mineral Resources Star Mountains and Mineral Resources Ok Tedi who had paid money upfront to make the project happen.

In terms of financing, Bank South Pacific will contribute K200 million, government has provided K316 million and landowners will cover the balance.

Petroleum Resources Kutubu is the major shareholder in the Star Mountain Plaza Project. The State and landowners also own shares in the project.

MRDC Managing Director Augustine Mano told media friends and trustees during a tour to witness progress made in the project. With an asset of K1.8 billion, PRK has 45 per cent interest in the K1.2 billion project, government has 20 per cent and the rest are owned by landowners including Mineral Resources Star Mountains and Mineral Resources Ok Tedi who had paid money upfront to make the project happen.

In terms of financing, Bank South Pacific will contribute K200 million, government has provided K316 million and landowners will cover the balance.

Star Mountain Plaza