Kina Securities Corrects Disclosure on Former CEO’s Share Interests

The latest announcement is out from Kina Securities Ltd. ( (AU:KSL) ).

Kina Securities Limited announced a correction to its previous disclosure regarding the share interests of its former Managing Director and CEO, Greg Pawson. The company identified an overstatement in the allocated shares due to an omission related to tax settlements, which has now been corrected. Despite the late lodgement of the necessary documentation due to administrative oversight, Kina Securities assures stakeholders that this was an isolated incident and that its compliance procedures are robust.

More about Kina Securities Ltd.

Kina Securities Limited operates in the financial services industry, providing banking and financial solutions primarily in Papua New Guinea. The company is listed on both the Australian Securities Exchange (ASX) and the Papua New Guinea Exchange (PNGX), focusing on delivering comprehensive banking services.

YTD Price Performance: 0.93%

Average Trading Volume: 222,052

Technical Sentiment Signal: Sell

Current Market Cap: A$314.8M

For an in-depth examination of KSL stock, go to TipRanks’ Stock Analysis page.