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Becoming a Participating Organization

Not any company can become a participating organisation of PNGX. There are stringent rules and requirements and criteria that must be met to the full satisfaction of PNGX before recognition can be granted as a duly approved Participating Organization.

The PNGX Business Rules do not allow for individual membership. Membership is only on corporate basis. In other words, only adequately capitalized firms and organizations are allowed to apply for membership of the Stock Exchange.

Membership requirements and criteria are contained in the PNGX Business Rules.  Before becoming a participating organisation of PNGX an applicant must have been licenced by the Securities Commission.

Please feel free to view our Business Rules online for full details. The requirements contained in the business rules are not exhaustive; PNGX can apply additional criteria in its full absolute discretion.

Intending Organizations can apply for membership through a formal application to PNGX.

Generally requirements for membership are;

  • The size and structure of a participating organization must be suitable to be admitted;
  • Directors and Senior executives of  the company must be of good famer and character, have recognized and appropriate qualifications in the securities industry and have in depth experience in financial markets and or banking and finance;
  • One or two company Directors or executives must apply for recognition as Responsible Executives;
  • One or two employees must apply for recognition as Designated Trading Representatives.
  • The company must be adequately capitalized.
  • The organization must have a registered office in PNG.

To learn and know more about becoming a participating organization on the stock exchange download/view the full document of the Business Rules 

Intending Organizations wishing to apply for membership on PNGX should contact the exchange on email: info@pngx.com.pg  or call 320 1980.