Aug 23 (Reuters) - Kina Securities Ltd KSL.AX :
* ENTER INTO A SHARE SUBSCRIPTION AGREEMENT WITH MICROFINANCE INSTITUTION NATIONWIDE MICROBANK LIMITED (MIBANK).
* KINA BANK WILL SUBSCRIBE FOR 2.2 MILLION NEW ORDINARY SHARES TO BE ISSUED BY MIBANK, FOR A CONSIDERATION OF PGK 2.6 MILLION
* THROUGH ACQUISITION OF INTEREST IN MIBANK, KINA BANK INTENDS TO HELP SIGNIFICANTLY EXPAND FINANCIAL INCLUSION SERVICES IN PNG
* AFTER ISSUE, KINA BANK WILL HOLD A 15% STAKE IN MIBANK
* KINA BANK INTENDS TO HELP MIBANK EXPAND ITS EXISTING OPERATIONS INCLUDING BY PROVIDING MIBANK CUSTOMERS WITH ACCESS TO ATMS.