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Billionaire Gerry Harvey tops up stake in PNG-focused cement play

The Australian Financial Review (AFR) •
November 08, 2026 • 06:22 AM
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The Harvey Norman chairman is joined on the shareholder register by the Development Finance Corporation.

Billionaire Gerry Harvey tops up stake in PNG-focused cement play

Billionaire businessman Gerry Harvey has topped up his stake in Papua New Guinea-focused Pacific Lime and Cement, after tipping into a $50 million capital raising.

The ASX-listed company, formerly known as Mayur Resources, went into a trading halt on Thursday ahead of the Petra Capital-run cash call where demand exceeded the $40 million target.

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