The US$120 million project will connect northern and southern Papua New Guinea and Bougainville with high-capacity cables.
Business
CFO Bret Johnsen announced a US$421 per-share price, nearly double July’s price of US$212.
Analysts say investors avoided major bets on US interest rates as inflation and employment data remain uncertain.
30 homes destroyed in late-night blaze at Tawau water village
No injuries or fatalities were reported in the incident.
