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PDIs might be subject to the same stamp duty preparations as strange shares. That is, onmarket transfers of PDIs on PNGX is not going to be topic to stamp responsibility. Off-market transfers of PDIs not on PNGX may be subject to stamp obligation as the switch of a marketable security. Newmont Corporation is the first company to be listed in PNG utilizing PDIs. The IRC has acknowledged that the use of PDIs may be more widespread going forwards. This complexity would have been to the drawback of both PNG traders and the PNG capital market” mentioned PNGX General Manager, Ms … Read More