Smare resigns from CPL Board

Shareholders of City Pharmacy Group Limited have been informed of the immediate resignation of independent director, Anthony Smare.

The CPL Board Chairman made the announcement in a letter to the Port Moresby Stock Exchange.

Joining the CPL Board in 2009, Smare’s resignation is effective as of December 18th 2017.

On behalf of the CPL Board Patel, thanked Smare for his contribution to the success of the business.

Patel said the CPL Board will appoint an independent director to replace the vacancy created by Smare.

Cedric Patjole