Investment Management in Papua New Guinea

Aim Global Png

10001+ staff

Handy Group

51 to 200 staff

Mineral Resources Development Company

An entity that manages landowner funds in a form of Development Grants, Royalties, Business Developments and their equity participation in the mineral, petroleum and gas projects in Papua New Guinea. MRDC acts under legislation as a trustee company under state appointee to manage the landowner issues and their investments.

51 to 200 staff

Kumul Consolidated Holdings

Kumul Consolidated Holdings (KCH) KCH is the entity which holds in trust, the Government’s non-petroleum and non-mining assets. KCH (formerly known as IPBC) was established in July 2002 under the Independent Public Business Corporation of Papua New Guinea Act 2002 (the “IPBC Act”). KCH, is mandated to hold all Government-owned commercial assets in trust and to manage those assets to improve commercial performance and underpin economic development. KCH is not responsible for the Government’s mineral, oil and gas assets. As a trustee, KCH is the holding company for nine (9) State Owned Enterprises (SOEs) operating in agriculture, aviation, banking and financial services, insurance, maritime infrastructure, power, post and logistics, telecommunications, and water and sanitation. KCH also acts as the manager of infrastructure projects throughout PNG such as hydroelectric power facilities, metropolitan sewerage systems property and port developments. KCH is an active investor in the assets we hold. KCH is committed to our role as an investor in our portfolio, seeking to deliver sustainable returns over the long term, and make a difference in what we do with each of the SOE’s. We focus on key areas including performance management, capital allocation, and investment strategies. Our goal is to increase revenue, drive profitability and seek new partnerships that delivers national benefits for the people and government of Papua New Guinea. Finally, at KCH we consider environmental, social and governance factors when we make decisions. We encourage our SOE’s to adopt responsible and sustainable practices in their businesses, operations and supply chains. We are focused on their future and the future of Papua New Guinea.

11 to 50 staff

Ngo Holdings Ltd

Ngo Holdings Ltd. was established in 2006 with the ambition to expand into the construction industry and diversify into other businesses that compliment the industry. In 2008, we recognised an oppurtunity in Port Moresby to establish a construction unit to cater to the ever growing demand for building works. Digara Construction Services Ltd. started its opperation in May of 2008. Annual turnover for Digara in 2010 was in excess of K30million. In 2009, Rapid Hire PNG Ltd. was established as a support arm for the construction team but grew very quickly to accomodate for external clients. RH has assets valued in excess of K10 million. In 2010, a growing need for steel fabrication gave oppurtunity for Ferrum Engineering Ltd. to capture a small share market of the manufacturing sector. Furthermore In 2010, Digara established a Joinery Division (DCS-Joinery) to help compliment its construction services.

11 to 50 staff

Star Mountain Plaza Ltd

Star Mountain Plaza embodies the aspirations of modern Papua New Guinea. It is an integrated mixed-use complex incorporating hotels, a convention centre, retail stores, bars and international cuisine. All unified by a contemporary design framework which embraces the countries natural diversity and rich indigenous cultural landscape.

11 to 50 staff

Nimamar Capital Limited

Nimamar Capital Limited (NCL) is the investment arm of the Nimamar Rural Local Level Government (NRLLG), the local government of the people of Lihir Group of Islands. NCL is a Future Fund and is responsible for investing 10% of the royalties the NRLLG receives from the Lihir Gold Mining project for the benefit of the future generations of Lihirians. Our Company Structure: 1. Parent Company NCL is the primary economic development entity of NRLLG on behalf of Lihirians, overseeing various local and international investments in Equities and Fixed Income assets including various subsidiaries and joint ventures. Subsidiaries and Divisions NCL operates several subsidiaries and divisions that provide a range of services. These subsidiaries focus on specific areas such as financing solutions, vehicle and equipment hire, and property development and leasing. Joint Ventures NCL engages in joint ventures with various companies. These partnerships enable NCL to leverage additional expertise, resources, and market access.

11 to 50 staff