The Prime Minister of Papua New Guinea, James Marape, is hoping the impasse with the Micronesian leaders can be resolved.
In February, the five Micronesia members said they would withdraw from the Pacific Islands Forum after their candidate for secretary general was rejected, despite a gentleman s agreement that it was their turn.
At the time Mr Marape backed Micronesia s leaders and called for regional solidarity.
He said then that his strong view was for the Secretary General s position to be rotated amongst the three sub-regions for a four-year term, non-contestable upon expiry.
Papua New Guinea Prime Minister James Marape.
Photo: AFP
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Taiyo Pacific Partners L.P. Becomes Major Shareholder in ZENKOKU HOSHO CO., Ltd. with Stake Over 5%
February 15, 2021 GMT
TOKYO (BUSINESS WIRE) Feb 14, 2021
Taiyo Pacific Partners announced today that it has accumulated in excess of 5% in ZENKOKU HOSHO Co., Ltd. (7164). Taiyo Pacific Partners is known for its cooperative investment style working with senior management to enhance shareholder value.
Brian K. Heywood, Chief Executive Officer and Managing Partner of Taiyo Pacific Partners, said, “We love companies that own their niche. ZENKOKU HOSHO is the largest independent mortgage guarantor in Japan and President Ishikawa has been able to consistently grow market share. I believe his focus on creating value will lead to a satisfied customer base and satisfied shareholders.”