Study on Business Assessment of Small Business and SMEs in Papua New Guinea

ASSESSMENT
MAGAZINE
2011
Enterprise Centre 2nd Issue
Company Profiles of PNG Owned Companies
Business Assessment for the PNG LNG Project
www.enterprisecentre.com.pg

EHL Ad
More local development
creates far-reaching benefits.
Wherever we do business, ExxonMobil works to build the capacity of local people
and businesses. That’s why ExxonMobil, through Esso Highlands Limited, has a
National Content Plan which focuses on workforce and supplier development. We
are developing vocational skills and business capacity to meet not just our business
needs, but also to contribute to the long-term economic development of PNG.
As we work with landowner companies and PNG businesses,
or train the men and women who will operate the future LNG
operations, we are developing more than oil and gas - we are
developing skills and capacity for the benefit of the broader
community.
www.pnglng.com

Presenting the Second Edition of the Enterprise
Centre Assessment Magazine, I feel extremely proud of
the achievements of the team and the continued focus
on Capacity Building of PNG Businesses – community
building in its truest form.
This magazine represents something of a revolution
for us. It is the publication we have designed exclusively
for the PNG LNG Project stakeholders – whether they are
Project co-ventures, Contractors, Subcontractors or PNG
Suppliers participating in the Project.
Until now we had, in common with other businesses,
Newsletters and Monthly stories. But the value of
conducting independent Case Studies and presenting
them on one-page profiles encourages transparency and
positive reinforcement for our patrons.
With this edition, I would like to express my sincere
gratitude to the CEOs of all the participating PNG
companies in Business Assessments 2011.
And a special thanks to the Community Affairs and
National Content team of Esso Highlands Limited for
supporting us and providing positive encouragement
throughout the journey.
Coming together is a beginning. Keeping together
is progress. Working together is success. Let’s come
together, keep together and work together to be successful
in personal and professional life.
> Sweta Sud
EXECUTIVE DIRECTOR’S MESSAGE
“When we have a sense of community and focus,
we create the trust that helps all achieve their
goals.”
IN THIS EDITION
■■ Profiles of PNG companies (with at least 50% PNG shareholding)
assessed by the Enterprise Centre Team in 2011
■■ Motivational and Inspirational articles from the team
SWETA SUD
EXECUTIVE DIRECTOR
PNG IBBM
2011 Enterprise Centre Assessment Magazine 1

4
Awakening the Leader Within24
Customer Service Tips for Employees70
Amendment of the Companies Act - IPA78
In Search of
Achievement
62 The Business Etiquette Way
42 POMSoX’s Role in the PNG Economy
49 Succeeding in Business
30
The Significance of
Effective Corporate
Governance for
Businesses in PNG
36 Training is Not an Option - It is ESSENTIAL
Articles
What is the PNG LNG
Project’s National
Content Plan?
18
2 2011 Enterprise Centre Assessment Magazine

2011 EC Assessment Magazine
Publisher
IBBM Enterprise Centre
Vanama Crescent, Off Lawes Rd.
PO Box 1721, Port Moresby
NCD, Papua New Guinea
© Copyright 2012
IBBM Enterprise Centre.
Editors
Indira Ramesh
Michaelyn Iewago
Editing Support
Ray Clark
Taunao Vai
Stanley V. Thomas
Graphic Design and Layout
Spidertekpng Ltd
Printer
Moore Printing (PNG) Ltd
Data Source
All company profiles included in
this magazine edition have been
assessed by IBBM Enterprise
Centre in 2011. Star Rating is
published on the consent of the
assessed company.
Subscriptions
To subscribe to the annual edition of the magazine,
or to participate in the assessments of the next
edition, please email to:
info@enterprisecentre.com.pg
Disclaimer
All content has been provided by the companies
and the contributors themselves and the
publishers offer no warranty, expressed or
implied, for the accuracy of such information.
Nor do the publisher accept any liability, direct or
consequential, for any action taken as a result of
anything that may be read herein.
WELCOME
Welcome to the 2011 Edition of the Enterprise Centre
Assessment Magazine
TAUNAO VAI
MANAGER, ENTERPRISE CENTRE
A Year of Growth and Progress
As the momentum towards Papua New
Guinea’s first export shipment of its liquefied
natural gas in 2014 picks up, so too are the various
supporting instrumentalities. The Enterprise Centre
has been actively playing its major role in building
the capacity of landowner companies as well as
other PNG companies, providing the much needed
supporting role in meeting supplier needs and
requirements.
Though still in the construction phase, the Project’s
impact on the economy has been quite significant,
assisting in appreciating the GDP past the 7% p.a
average and enabling the government to forecast
between 8-9% for 2012 and the medium term.
Since the launch of our 2010 magazine last year,
Enterprise Centre has completed another milestone
in completing assessments of another 76 companies
in 2011, for an accumulated total of 138 companies
as at the end of 2011.
A lot of progress has been made towards capacity
building landowner companies not only to facilitate
the important Esso Highlands Limited driven PNG
LNG project initiative but to assist growth in the
private sector which remains small with no more
than 10% of the working age population engaged in
private enterprises. Employment growth is important
and can be encouraged by reducing perceived
risks in PNG’s investment climate and encouraging
competition. Assistance towards the growth of
landowner companies can be seen in this context
and contributing in a small way towards this important
economic indicator.
In the 2011 edition of the magazine, it will be
noted that the Enterprise Centre has linked a good
number of companies with excellent standings
and strong growth potential to benefit from the
business improvement plans as recommended in
the assessment reports. Such plans without doubt
will present innovative opportunities enhanced by the
current economic environment. But more so, such
planning processes must chart and encompass the
period beyond the useful economic life of the Project.
I would like to express my sincere thanks to all
companies who have consented and contributed
to this excellent magazine; EHL, advertisers,
Spidertekpng Ltd, the printers, the various article
contributors and the Enterprise Centre team for their
untiring efforts in producing yet another excellent
product.

> Taunao Vai

TYPE OF BUSINESSTYPE OF BUSINESS
2011 Enterprise Centre Assessment Magazine4
article
“Management is both the art and the science of achieving
the required performance...”
T
he job of management is to achieve worthy
outcomes by applying, modifying and
blending the resources that are available
to us. The available resources are people, time,
the environment, materials, property, plant and
equipment, energy, information and money. The three
former resources people, time and the environment
are the primary resources from which evolve the
latter or secondary resources. (As this is to be a short
article I’ll leave the reader, to think that through.)
Management is both the art and the science of
achieving the required performance of the resources
to reach identified goals or objectives that in the broad
scheme of things are ‘worthy achievements’ – or they
should be if they have been identified as a result of
careful planning for useful outcomes.
Unfortunately, history shows us that the utilisation
of resources, whether effectively or ineffectively, has
so often ended up with unworthy achievements.
(Compare the Pyramids or the Great Wall of China
to such worthy achievements as the Panama Canal
or the 530km water pipeline between Perth and
Kalgoorlie in Western Australia that has been in use
for the past 110 years. (The reader may be able to
identity more recent examples of unworthy and
worthy achievements within PNG.)
Whilst behaviour, competence, performance
and productivity are terms frequently used when
discussing management, they often get confused.
Correct behaviour does not necessarily result in
high performance. Competence alone does not
create performance and productivity is more than
performance. An analysis of these terms is interesting.
Behaviour is the pattern of how a person goes
about living his/her life or goes about doing his/her
job or what his or her style is when playing a game.
The behaviour may be perfectly acceptable -whilst
the performance may not be what is required. On the
other hand a person’s behaviour may be seen as being
unacceptable or inappropriate but it nevertheless
produces the requisite performance and the desired
results. A salesperson may behave perfectly but not
get any sales whilst another sales person achieves
sales targets whilst using unconventional behaviour.
Likewise a golfer or player of any sport may not get
the required results although the behaviour is exactly
what the coach has instructed. So we need to be
careful about relying upon behaviour when seeking
performance.
The knowledge that a person has may also
be misleading. A person with two degrees and a
doctorate has certainly acquired much knowledge –
but, if he/she hasn’t the knowledge that is required
to achieve an outcome, performance and worthy
achievement will not eventuate.
“Competence is having
the requisite knowledge
and skills to perform a job
effectively...”
Competence is having the requisite knowledge
and skills to perform a job effectively, successfully play
a sport or a musical instrument or to do anything you
may think of. But competence alone does not bring
about performance. Competency based training does
not, of its own, result in performance. Competency
has to be supported by capacity, aptitude, positive
RAY CLARK
PRINCIPAL CONSULTANT, ENTERPRISE CENTRE
In Search of Achievement

attitude, motivation and confidence – confidence,
generally acquired by experience, being the essence
of speedy performance.
Performance is what we need in order to attain
our worthy achievements. It can be measured in
terms of quality, quantity, time and cost and ‘key
performance Indicators’ or ‘performance targets’
need to be objectively set using these measurements.
Exemplary performance requires competence plus
all of the previously mentioned supporting attributes.
‘Exemplary performance’ is the best performance
that has been achieved and - once achieved - it
becomes the performance target to equal or improve
upon. It is the exemplary sports people who hold the
world records.
“Productivity does not
come about by increasing
resources.”
Now we come to productivity. Productivity does
notcomeaboutbyincreasingresources.Byincreasing
resources we expect proportionately greater
outcomes/ achievements. Productivity however is
getting greater outcomes/ achievements by using the
same amount of resources or by achieving the same
outcomes using less resources. One way we can
visualise productivity is in terms of running or walking
up a moving escalator. A person who just stands on a
moving elevator is no more productive than a person
walking up a stairway. A person running up a stairway
is performing better (in terms of time) than one walking
but a person walking or running up a moving elevator
is being truly productive. Same resources - greater
outcome. (It is always a major annoyance to me to
get stuck behind a person or people on an elevator
who are just standing there letting the elevator do
the work!) Within any organisation, a most powerful
element of productivity is teamwork. Teamwork uses
the same resources to achieve greater outcomes.
Another term that springs to mind here is synergy -the
results of combined efforts (or resources) achieving
an outcome greater than that achieved by the sum of
individual efforts (or resources).
We also need to consider the seven elements
of worthy achievement. These are environment,
information, tools and equipment, incentives,
capacity, competence and motivation.
An organisation is responsible for providing
the right environment, the information on what is
to be achieved and what is to be done to achieve
the required outcomes, the necessary tools and
equipment and the incentives; the individual brings
to the environment the capacity, the competence
(knowledge and skills) and his/her aptitude, attitude,
experience and motivation.
If any one of these elements is weak or missing, we
cannot expect exemplary performance and worthy
achievementwillstall.Quiteoftenperformanceshortfall
is immediately seen as being due to competence and
a training solution is considered the best way to go.
However, we should not fall into this trap until we
have put all the other elements to the test. Have we
created the most supportive working environment?
Do employees have the information that they require
(including their measurable performance targets)?
Are tools and equipment appropriate for the job in
hand and in a safe and satisfactory state of repair?
Are the incentives that are being provided sufficient
to satisfy the motivational needs of the person? Has
the person the capacity, aptitude, positive attitude
and experience to perform to the requisite level? If
the answer to each of these questions is ‘yes’ then a
training solution may be the correct one.
To sum up, for worthy achievement we need to -
• Plan and identify our required outcomes and
our key performance indicators.
• Identify, acquire and measure the resources
needed.
• Engage people who are competent, with the
requisite capacity, aptitude, positive attitude
and experience. (Verified past performance is
undoubtedly the best indicator.)
• Provide the right environment, tools and
equipment.
• Provide information on what the overall goals
are, what the rules are and agree measurable
performance targets.
• Provide incentives that inspire and generate
motivation.
• Foster team spirit and positive thinking –
remember the morale of a team is the collective
attitude of its members.
• Measure performance, measure progress,
compare with targets.
• Achieve and evaluate.
May all your achievements be worthy and result
from exemplary performance and outstanding
productivity!

Profiles
7 ACS Management Ltd
8 Advance Signs (PNG) Limited
9 Bige Petroleum Limited
10 Bore Limited t/as A.C. Fox and Associates
12 Boroma Limited
13 Century 21 Siule Real Estate
14 Chardi Holdings Limited
15 Claire Investments Ltd t/as Bismil Trading
and Tailoring
16 Concept Group
17 Culinary Delights Catering Services
20 Douglas Environmental Services
21 Electrical Constructions Ltd
22 Eltech Engineering Services Limited
23 Firewall Logistics Limited
26 Gobe Field Engineering Limited
27 Hides Gas Development Company Ltd
28 HR Business Solutions Limited
32 Jubilee Rent-a-Car Ltd
34 Kitoro no.33 Ltd t/as PNG Gardener
35 Laba Holdings Ltd
39 Lewenda Seafoods Ltd
40 Lion Heart International Limited
44 Matz Consultant Brokers Ltd
45 Maxscope Construction Ltd
46 Millenium Guards and Security Services Ltd
47 Mobo Group of Companies Ltd
54 NKA Management Ltd t/as NKA Chartered
Accountants
55 Nolka Cement and Aglime Procurement
56 Oxford First Aid Supply Ltd
57 Pacific MMI Insurance Ltd
58 Pacific Network Limited
60 Paradise Building Supplies Limited
61 Pisoborima (PNG) Ltd
64 PNG Geospatial Solution Ltd (PGS Ltd)
65 PNG Pest Control
66 PNG Work Wear
67 Total Cleaning & Housekeeping Services
Limited t/as Total Clean
68 Pro-Clean Ltd
69 Propest Control Ltd
72 SED Limited
73 Sefti PNG Limited
75 Star HR Limited
76 Star Mountain Clothing Ltd t/as FRG Clothing
77 Tanorama (PNG) Ltd
80 TG Holdings Ltd t/as Freeway Motors
81 Total Construction Solutions Ltd
82 Tradewinds Agency Limited
84 Travel Melanesia Limited
85 PNG LNG Supplier Database Extract
Offshore pipe lay: PNG LNG Project

Company Brief
Star Rating
Services
2011 Enterprise Centre Assessment Magazine
Contact Details
Company facts
KEY EXECUTIVEs
7
key customers
Bishop Brothers, Theodist, Fletcher,
Goodman Fielders
Total employees 68
national 68
expat 0
year of establishment
2007
■■ Anthony Sariman
■■ Margaret Sariman
ACSManagementLtdisa100%nationallyownedandoperatedcompany.
ACS Management Ltd includes Click N Buy Autos, ACS Logistics,
ACS Building and Contractors, ACS Plant Hire and ACS Consultancy/
Recruitment Services.ACS Management Ltd range of services includes:
Constructions, Engineering, Visa & Work Permits, Trucking and Plant
Hire. ACS Logistics Ltd, a subsidiary offers logistics and trucking
services. It also offers customs clearances, freight forwarding (air and
ocean) services. ACS group of Companies has created a reputation
in PNG market, through its operational excellence, quality customer
services and customized affordable business solutions.
■■ Construction
■■ Engineering
■■ Logistics
■■ Transportation, Trucking
■■ Work Permit/Visa Services
■■ Customs Services
business contact name
Tino Sariman
email
tino@acs.com.pg
Telephone
+675 321 8838
website
www.acs.com.pg
head office
Section 25, Lot 34, Hunter Street,
Granville, Port Moresby, PNG
branch offices
N/A
Tino Sariman
Group General Manager
Organisation & Governance
Business Management
Financial Management
HR Management
FAM & Inventory Control
SHE
Quality Control
Reputation and Image
ACS Management Ltd
KEY: -COMPANY SCORE, -AVERAGE SCORE

Company Brief
Services
Contact Details
Company facts
KEY EXECUTIVEs
Advance Sign (PNG) Ltd is a PNG local company, involved in engineering
and manufacturing of signage and graphic design. It offers an
extensive range of colours. It is a leading service provider in the field
of graphic design in PNG, ensured by its high quality staff and state
of art technology. Advance Signs’ products are quality assured and
compliant with regulation codes.
■■ Billboards, Flyers
■■ Traffic signs, Safety Signs
■■ Industrial Signs
■■ Vehicle Signs/ Graphics
■■ Bow and Street Banners
key customers
Telikom PNG, Air Niugini, SP brewery,
Talisman Energy, CCJV
Total employees 20
national 18
expat 2
2005
■■ Ted Kennedy
■■ Jeffery Kennedy
Ted Kennedy
Managing Director
email
tedkennedy@global.net.pg
Telephone
+675 323 7564 / 323 1918
website
www.advancesigns.com.pg
head office
PO Box 435, Gordons, NCD, PNG
branch offices
N/A
Advance Signs (PNG)
Limited
Business Management
HR Management
SHE
Quality Control
Star Rating

Company Brief
Services
Contact Details
Company facts
KEY EXECUTIVEs
Bige Petroleum Limited (or BPL) has been at the forefront of fuel
and lubricant distribution since 2005. BPL excels in the storage and
supply of fuel and lubricant brands from internationally acclaimed
manufacturers. BPL’s distribution services cover a wide spectrum of
industries including corporate houses, mining, construction, transport,
freight and agriculture.
With a combination of experienced personnel in fuel industry, a fully
functional sales centre and a large fuel storage depot (total stock
holding capacity of 330, 000 litres), which boasts some of the industry’s
up-to-date facilities, BPL is able to provide tailored solutions for large to
small client needs.
Having this capability, BPL has and continues to ensure that their
products meet or exceed customers’ expectations, whilst maintaining
the most stringent quality standards.
■■ Bulk cartage
■■ Tanktainer cleaning
■■ Fuel Storage tank supply
■■ 200 litre drums of diesel,
petrol, zoom and kerosene
■■ Aviation Jet A1 Fuel
key customers
Seaside Development, Mobil Oil,
Nasfund, Century 21, PAM Logistics
Total employees 27
national 27
expat 0
2005
■■ John E. Bige
■■ Bala Bige
■■ Jimmy Kabata
■■ Paul Matang
John E. Bige
Jimmy Kabata
email
bigepetroleum@datec.com.pg
jimmy.kabata@bigepetroleum.com.pg
Telephone
+675 323 5106 / 323 9635
website
N/A
head office
Lot 64, Section 53, Kebed Street,
Gordons, Port Moresby
John E. Bige
Managing Director
Bige Petroleum Limited
Business Management
HR Management
SHE
Quality Control

Company Brief
Star Rating
Services
Contact Details
Company facts
KEY EXECUTIVEs
10
A.C Fox & Associates is South West Pacific’s largest and most well
known para-legal services company. The company offers a range of
services from company and land title searches to court lodgements;
from processing of work permits and visas to company registrations,
debt collection to mobile rental, selling of shelf companies to PNG
chattel search and much more.
Over the years the company has catered to cross sections of the society
in Papua New Guinea, offering its expertise to provincial government
bodies, local government and statutory authorities, law and insurance
companies, surveyors, multi nationals and the general public.
■■ Search Services
■■ Trademark Services
■■ Work Permits & Visas
■■ Settlements
■■ Caesar/ Chattel Registration
■■ Debt Collection
key customers
Innovare Group, Lifese PNG Ltd,
Pristine No 101 Ltd, Strait Agro, Fortune
Consultancy, EMTV, BOC Gas, Maybank
Total employees 12
national 11
expat 1
1991
■■ DeKewanu
■■ Srinivasan Sundaram
Nazar H. Babu
email
adminacf@acfox.com.pg
Telephone
+675 320 0234 / 320 0237
website
N/A
head office
Cuthbertson House, Port Moresby
branch offices
N/A
Bore Limited t/as
A.C. Fox and Associates
Business Management
HR Management
SHE
Quality Control

Company Brief
Star Rating
Services
Contact Details
Company facts
KEY EXECUTIVEs
12
Boroma Limited consists of a modern pig production unit recently
expanded to 500 sows (5,000 pigs on site) with environmentally
controlled sheds. Boroma also operates a high tech feed mill producing
pig, poultry and cattle feed.
Boroma Limited (“the Company”) is a privately owned & operated
company, incorporated in Papua New Guinea on 15 September 2004.
The Company directors are Noreo Beangke (Chairman), Simon Korua,
Sinton Spence, Dr Alan King (Managing Director) and Sir Ramon
Thurecht (NASFUND representative).
Boroma Limited was incorporated to take over Hombrum Piggery which
was a new modern design unit that had never been stocked. Boroma
imported superior genetic breeding stock from Australia and brought
into production after taking over from Hombrum.
Boroma’s major clients for pigs are supermarkets in Port Moresby,
live sales to the public for special occasions. Feed sales are to other
piggeries, poultry farms, poultry feed markets in Port Moresby and
cattle feed lots.The Company is well referenced by its clients, suppliers
and also by the general community.
■■ Premium Supplier of Pigs
■■ Animal Feed
key customers
Supermarkets in Port Moresby, other
Piggeries, Cattle Feedlot, Poultry Farms
and purchasers of day old chicks
Total employees 44
national 41
expat 3
2004
■■ Dr Alan King
■■ Dr Darcy Pamulaklakin
■■ Chris Beronio
■■ Martin Nilkare
■■ Daniel Kelly
Dr Darcy Pamulaklakin
General Manager
email
darcy@boromapng.com
Telephone
+675 328 1407
website
N/A
head office
PO Box 1368, Port Moresby, NCD
branch offices
N/A
Dr Alan King
Managing Director
Boroma Limited
Business Management
HR Management
SHE
Quality Control

Company Brief
Star Rating
Services
Contact Details
Company facts
KEY EXECUTIVEs
key customers
Kwila Insurance Ltd, Cascade Properties
Ltd, Teachers Savings and Loans
Society, NSL, WNBP Govt., Brian Bell
Total employees 38
national 38
expat 0
1973
■■ Brian Hull
■■ Eno Daera MBE
Eno Daera MBE
email
edaera@siule.com.pg
Telephone
+675 311 2121
website
www.century21.com.pg
head office
Level 3, Lot 35, Section 34, Kunai
Street, Hohola, NCD
branch offices
N/A
Century 21 Siule Real Estate is PNG’s leading real estate and property
management company, offering a wide range of real estate services
including property sales, rentals/leasing, property management &
valuations.
Century 21 Siule Real Estate brings with it more than three decades
of PNG’s ever growing and dynamic real estate business, along with
professional expertise of its team and world class customer services.
■■ Property Management
■■ Property Sales & Leasing
■■ Property ValuationsEno Daera MBE
Director
Brian Hull
Executive Chairman
Century 21
Siule Real Estate
Business Management
HR Management
SHE
Quality Control

Company Brief
Services
Contact Details
Company facts
KEY EXECUTIVEs
14
■■ Electrical Engineering
■■ Electrical Contractor
■■ Building & Construction
■■ Logistics / Freight Movement
■■ Digicel Tower Construction &
Equipment, Maintenance &
Repair
key customers
Digicel, Kula Palm Oil, BSP Popondetta/
Alotau, Oro Provincial Government
Total employees 45
national 45
expat 0
2008
■■ Charles Safitoa
■■ Chris Tondiwi
Chardi Holdings Ltd is a local company based in Popondetta, Oro
Province with a workforce of 45 local staff. The company has a wide
range of services specialising in electrical engineering, engineering
consultancy,electrical contracting,logistics,building and constructions.
Major clients include New Britain Palm Oil and Digicel.
Chardi Holdings Ltd is a fast growing business and continues to develop
new markets and business in the province.
Charles Safitoa
email
csswastika@gmail.com
Telephone
+675 7210 2100 / 7650 571
website
N/A
head office
PO Box 235, Popondetta, Oro Province
branch offices
PO Box 108, Alotau, Milne Bay Province
+675 348 1783
Charles Safitoa
Managing Director
Chardi Holdings Limited
Business Management
HR Management
SHE
Quality Control

Company Brief
Star Rating
Services
Contact Details
Company facts
KEY EXECUTIVEs
Ikram Sahabdeen
Managing Director
■■ Manufacture of Uniforms
■■ Industrial Safety Gear
■■ Safety Accessories
■■ Supply of Workwear
■■ Supply of Promotional Items
key customers
New Britain Palm Oil, Air Niugini,
NCS Holdings
Total employees 66
national 51
expat 15
1994
■■ Ikram Sahabdeen
■■ Haleem Thajudeen
■■ Uwais Mohamed
■■ Ossen Fasrin
■■ Niyas Mohamed
Ikram Sahabdeen
email
ikrambismil@gmail.com
Telephone
+675 323 5551
website
www.bismil.com.pg
head office
DHL Compound, Morea Tobo Rd,
6 Mile, NCD.
branch offices
Lae, Morobe Province
Claire Investments Limited trading as Bismil Trading is specialised in
the manufacture and supply of industrial workwear, safety wear, safety
equipment, corporate & security wear and promotional items. It has
a factory located at 6 mile in Port Moresby, which manufactures its
products. Bismil Trading Limited has its logistic office in Singapore and
an additional factory in Sri Lanka and a brand of work wear and safety
gear called WORKMAN.
Bismil Trading has major clients like Air Niugini, NCS Holdings, NBPOL
Group, PNG LNG Contractors, PNG Police Constabulary and many more.
Bismil Trading has donated more than K25,000 to various charity and
sports organisations in Papua New Guinea and has won a Manufacture
Council Award in 2002.
Claire Investments Ltd t/as
Bismil Trading and Tailoring
Business Management
HR Management
SHE
Quality Control

Company Brief
Star Rating
Services
Contact Details
Company facts
KEY EXECUTIVEs
16
key customers
PNG Govt, Air Pacific, G4S, Spiecapag,
IPBC, Dept. of Personnel Management
Total employees 22
national 17
expat 5
1991
■■ Brendan Coombs
■■ Gabriel Selibu
■■ Stephen Sandor
In 1991, Concept became the PNG agents for Concept Systems
International and were involved in the implementation of the Concept
HR and Payroll System (now called Alesco) at Ok Tedi Mining.
Initially established as a Human Resource software and consulting
firm, it quickly began to broaden its scope to a total solution for people
management - given the nature of both its private and public sector
client’s demands. More recently, Concept Software has rebranded
itself to reflect it’s wider ranging operations and has now become the
Concept Group. At the heart of its offerings lay four pillars of expertise.
These are: Concept HR Solutions; Concept HR Consulting; Concept
Training and Coaching and Concept Recruitment.
Concept Group is committed to helping its clients manage their most
important resource.
Underpinning Concept’s expertise is 25 years of developing and
implementing HR and Payroll Systems combined with knowledge
of Remuneration Planning, Performance Management and Human
Resource Strategies and Planning. This gives a distinct advantage in
designing tailored solutions for their clients.
■■ HR Solutions and Payroll
Services PNG
■■ OHS Training and Coaching
■■ Recruitment
■■ HR Consulting in
Remuneration Management
and Hay Job Evaluation
Brendan Coombs
email
bcoombs@concept.com.pg
Telephone
+675 323 1920
website
www.concept.com.pg
head office
BeMobile First Floor, Waigani Dr.
PO Box 190, Waigani, NCD
branch offices
N/A
Brendan Coombs
Managing Director
Concept Group
Business Management
HR Management
SHE
Quality Control

Company Brief
Services
Contact Details
Company facts
KEY EXECUTIVEs
  
 


Kila Diro
Manageress
Valinama Ltd trading as Culinary Delights Catering Service is a
professional family operated catering business. They cater for any
occasion from corporate functions to major sporting events in PNG.
With more than 15 years experience in the catering industry company
Director Mrs Veitu Diro MBE conforms to standards and quality set by
respective bodies.
Culinary Delights is a nationally owned business and operates in Port
Moresby, the business takes pride in its strict food inventory system
which allows for efficient customer service.
■■ Catering Services
■■ Food and Beverage
key customers
Department of Treasury, Department of
Finance, Department of Planning, Sports
Foundation
Total employees 27
national 27
expat 0
2011
■■ Veitu Diro MBE
■■ Lt. Col. Siale Diro
■■ Julie-Anne Diro
Veitu Diro MBE
Managing Director
email
vdiro@daltron.com.pg
culdelpom@yahoo.com
Telephone
+675 323 2319 / 7174 7143
website
N/A
head office
Section 390, Lot 12, 13, 14, Vulupindi
House, Waigani
PO Box 3838, Boroko, NCD
Culinary Delights Catering
Services
Business Management
HR Management
SHE
Quality Control

“Supplier Development is another way that we are
creating opportunities for local businesses”.
ARTICLE
A
s the operator of the PNG LNG
Project, Esso Highlands Limited (EHL)
recognises that this Project is more than
just developing gas resources. It’s about
developing people, capacity and PNG in general.
This is why wherever our parent company,
ExxonMobil, works around the world we have a
National Content Plan designed to demonstrate
good corporate citizenship, responsible development
and good business sense.
The national content plan is essentially a citizenship
plan that is tailored for each country to help develop
human, social and economic capacity in a way that
benefits people, communities and businesses over
the long term.
It is built on three pillars
which focus on providing
sustainable benefits through
‘supplier development’,
‘workforce development’
and ‘strategic community
investments’.
It is built on three pillars which focus on providing
sustainable benefits through ‘supplier development’,
‘workforce development’ and ‘strategic community
investments’.
In Papua New Guinea, Esso Highlands Limited
has taken these three pillars and translated them
into local plans that fully consider the livelihoods and
cultures of the local communities who reside in the
Project area as well as PNG at large.
Workforce Development
Through workforce development, the Project
employs and trains PNG citizens in construction
trades, technical and professional skills that are
needed for construction and production phases of
the Project.
Sofar,theProjecthastrained
over 8500 PNG citizens
through formal and informal
training.
So far, the Project has trained over 8500 PNG
citizens through formal and informal training. It has
delivered over 1,000,000 training hours through more
than 4000 courses.
JOHNSON PUNDARI
SUPPLIER DEVELOPMENT ADVISOR, EHL
What is the PNG LNG Project’s
National Content Plan?

In anticipation of building a skilled workforce to
operate the facility in future, the Project has recruited
150 Operations and Maintenance Trainees. The
first intake of 73 are currently undergoing advanced
training in Canada, whilst the second intake is taking
basic skills training at the Port Moresby Operations
Training Centre. EHL has also recruited over 50
graduates, of which some are engineers. They are
undergoing training within PNG and overseas in
preparation for production.
Supplier Development
Supplier Development is another way that we are
creating opportunities for local businesses whilst also
ensuring that our projects have reliable, competitive,
and efficient supply chains.
We cannot create a free market business
environment, it is the role of governments to do
that. However we can purchase local goods and
services and use qualified suppliers. This optimises
employment and procurement opportunities
generated by the Project, contributing towards
greater local economic development here in PNG.
To date, the Project had spent over 4.3 billion Kina
in Papua New Guinea. Some of the wide array of
goods and services include catering, linen services,
camp management, security, recruitment and hiring
of construction labour, boat hire, heavy equipment
rental and trucking services.
To further our supplier development objectives,
in conjunction with the PNG Institute of Banking
& Business Management we’re proud to have
established the Enterprise Centre in Port Moresby.
The Enterprise Centre is an
important component of the
PNG LNG Project...
The Enterprise Centre is an important component
of the PNG LNG Project Local Business Development
program to evaluate PNG businesses, help them build
their business skills, facilitate access to finance and
ensure efficient communication with our contractors,
sub-contractors and the Project.
To date, the Enterprise Centre has assessed
over 166 PNG companies and delivered over 4600
capacity building days, which is an impressive
achievement.
We’re proud of our continued partnership with
the IBBM Enterprise Centre and the impact that the
organisation is having on the development of local
PNG businesses.

Company Brief
Services
Contact Details
Company facts
KEY EXECUTIVEs
20
■■ Environmental Permit
Application
■■ Social Impact Assessment
■■ Biological & Physical Surveys
■■ Water Quality, Hydrology
■■ Project Managment
Established in 1999, Douglas Environmental Services (DES) is the most
widely utilized environmental and social consultancy based in PNG.
DES specialises in providing a range of environmental and social
services that enable their clients to meet their environmental and social
obligations and goals.
Situated in Port Moresby, DES operates extensively throughout the
country, including in remote places previously uninhabited, unstudied
or even unexplored, as well as locations of high population density and
resource use, such as Port Moresby.
The company has a dedicated team of both expatriate and national
scientists, researchers, technicians and environmental managers, as
well as access to a pool of international experts that maybe called upon
where the need arises.
DES effectiveness is their unique ability to provide clients with a service
that integrates the appropriate scientific and technical expertise with
detailed knowledge of the PNG Environment Act 2000 and exceptional
knowledge and experience of local PNG conditions.
DES is proud of its reputation as the premier environmental and social
consulting service provider in the country and continues to strive for
excellence in “building a sustainable future for PNG.”
key customers
InterOil, Horizon Oil, Tolukuma Gold
Mine, Curtain Brothers Ltd, PNG SDP
Ltd, Dept. of Env. & Conservation
Total employees 25
national 22
expat 3
1999
■■ John Vincent Douglas
■■ Nancy Douglas
John Vincent Douglas
email
dougal@daltron.com.pg
Telephone
+675 321 7529
website
www.despng.com
head office
Level 2 ITI Tower, Scratchley Road,
Badili, Port Moresby
branch offices
N/A
John Vincent Douglas
Manager
Douglas Environmental
Services

Company Brief
Services
Contact Details
Company facts
KEY EXECUTIVEs
Electrical Constructions Ltd was established in 2009.
Electrical Constructions Ltd offers services mainly in the project and
capital works, electrical design and construction field.
Electrical Constructions Ltd undertakes all electrical project works,
including but not limited to;
• Underground power reticulation
• Mining and camp construction power
• Industrial processes power distribution and wiring
• Switchboard and motor control centres wiring
• Automation and control wiring
• Data and instrumentation signal wiring
• All associated commercial or industrial power and wiring work
Electrical Constructions Ltd has skilled electrical personal for labour
hire as well for undertaking major projects required by the Oil, Gas and
Mining Sector.
■■ Electrical Projects
■■ Automation & Control Systems
■■ Engineering
■■ Construction Services
key customers
Telikom PNG Ltd, Dept. Of Education,
NCDC
Total employees 7
national 7
expat 0
2009
■■ Boas Mage
■■ Ephraim Mana
Electrical Constructions Ltd
email
elect.const@gmail.com
Telephone
+675 7307 3990
website
N/A
head office
Section 28, Lot 75,
Wards Road, Hohola
branch offices
N/A
Electrical Constructions Ltd
Services

Company Brief
Star Rating
Services
Contact Details
Company facts
KEY EXECUTIVEs
22
Eltech is a supplier of extensive range of products and services in the
Electro-mechanical industry.
Eltech has developed and implemented a Quality Management System
that is compliant to AS/NZ ISO standards in order to document the
company’s best business practices to satisfy the requirement and
expectations of its customers and to improve the overall management
of the company.
Vision Statement – to continuously lead as a provider of appropriate
technological solutions through the delivery of quality products,services
and expertise that will benefit all stakeholders.
Mission Statement – to continuously and consistently be abreast with
technological developments that will enable the provision of appropriate
solutions with all stakeholders.
■■ Design & Systems
Engineering
■■ Project Management
■■ Electrical Systems
■■ Power Generating systems
■■ HVAC (Heating, Ventilating
and Air Conditioning) systems
key customers
CBI – Clough, Interoil, Dynasty
Development, PNG Power, RH Trading
Total employees 84
national 72
expat 12
2003
■■ Ma. Theresa Macasaet
■■ Jeff Barroga
■■ Romel Macasaet
Thes F. Macasaet
Jeff Barroga
email
thes@eltechpg.com
jeff@eltechpg.com
Telephone
+675 323 1988
website
www.eltechpg.com
head office
PO Box 228, Gordons, NCD
Thes F. Macasaet
Chief Executive Officer
Eltech Engineering
Services Limited
Business Management
HR Management
SHE
Quality Control

Company Brief
Star Rating
Contact Details
Company facts
KEY EXECUTIVEs
Services
Since 2008, Firewall Logistics has been employing skilled Papua New
Guinean’s and skilled overseas people with vast experience in working
in remote environments in Papua New Guinea.
The company has skilled social anthropologists and team leaders
experienced in management and development strategies to suit the
task.
Firewall Logistics has conducted numerous Social mapping, Socio-
economic impact studies and landowner investigations within Papua
New Guinea. The company has constructed and managed remote
camps for numerous seismic programs delivering logistics support
including shallow draft vessel support, labour hire and equipment hire.
■■ Social Mapping &
Community Affairs
■■ Remote/Seismic Camp
Construction & Management
■■ Logistics Support
■■ Labour/Equipment Hire
key customers
Horizon, RioTinto, Mincor, Sasol, PNGSD,
EDL, Geokinetics
Total employees 19
national 15
expat 4
2008
■■ Arthur Jones OBE
■■ Craig McConaghy
■■ Brendan Cannon
Craig McConaghy
email
craig@firewalllogistics.com
arthurljones@bigpond.com
accounts@firewalllogistics.com
Telephone
+675 320 0815 / 321 9888
website
www.firewalllogistics.com
head office
PO Box 319, Port Moresby, NCD
branch offices
Brisbane, Australia
Arthur Jones OBE
Managing Director
Firewall Logistics Limited
Business Management
HR Management
SHE
Quality Control

L
eadership can be defined as one’s ability
to get others to willingly follow. Every
organisation needs leaders at every level.
Leaders can be found and nurtured if you
look for the following character traits.
A leader with vision has a clear, vivid picture of
where to go, as well as a firm grasp on what success
looks like and how to achieve it. But its not enough
to have a vision; leaders must also share it and act
upon it. Jack Welch, former chairman and CEO of
General Electric Co., said, “Good business leaders
create a vision, articulate the vision, passionately own
the vision and relentlessly drive it to completion.”
A leader with vision has a
clear, vivid picture of where
to go, as well as a firm grasp
on what success looks like
and how to achieve it.
A leader must be able to communicate his or her
vision in terms that cause followers to buy into it. He
or she must communicate clearly and passionately,
as passion is contagious.
A good leader must have the discipline to work
towards his or her vision single-mindedly, as well as
to direct his or her actions and those of the team
towards the goal. Action is the mark of a leader.
A leader does not suffer “analysis paralysis” but is
always doing something in pursuit of the vision,
inspiring others to do the same.
Top Leadership Qualities
Integrity is the integration of outward actions and
inner values. A person of integrity is the same on the
outside and on the inside. Such an individual can be
trusted because he or she never veers from inner
values, even when it might be expeditious to do so. A
leader must have the trust of followers and therefore
must display integrity.
Honest dealings, predictable reactions, well-
controlled emotions and an absence of tantrums and
harsh outbursts are all signs of integrity. A leader who
is centered in integrity will be more approachable by
followers.
Dedication means spending whatever time or
energy is necessary to accomplish the task at hand.
A leader inspires dedication by example, doing
whatever it takes to complete the next step towards
the vision. By setting an excellent example, leaders
can show followers that there are no nine-to-five jobs
on the team, only opportunities to achieve something
great.
Magnanimity means giving credit where it is
due. A magnanimous leader ensures that credit for
success is spread as widely as possible throughout
the company. Conversely, a good leader takes
personal responsibility for failures. This sort of reverse
magnanimity helps other people feel good about
themselves and draws the team closer together. To
spread the fame and take the blame is a hallmark of
effective leadership.
Leaders with humility recognize that they are no
better or worse than other members of the team.
A humble leader is not self-effacing but rather tries
“The final test of a leader is that he leaves behind him in other men, the
conviction and the will to carry on.” - Walter Lippman
Awakening the Leader Within
article

to elevate everyone. Leaders with humility also
understand that their status does not make them a
god.
Openness means being able to listen to new
ideas, even if they do not conform to the usual way of
thinking. Good leaders are able to suspend judgment
while listening to others’ ideas, as well as accept new
ways of doing things that someone else thought of.
Openness builds mutual respect and trust between
leaders and followers and it also keeps the team well
supplied with new ideas that can further its vision.
Creativity is the ability to think differently, to get
outside of the box that constrains solutions. Creativity
gives leaders the ability to see things that others have
not seen and thus lead followers in new directions.
The most important question that a leader can ask is,
“What if … ?” Possibly the worst thing a leader can
say is, “I know this is a dumb question ... ”
Fairness means dealing with others consistently
and justly. A leader must check all the facts and
hear everyone out before passing judgment. He or
she must avoid leaping to conclusions based on
incomplete evidence. When individuals feel that they
are being treated fairly, they reward a leader with
loyalty and dedication.
Assertiveness is not the same as aggressiveness.
Rather, it is the ability to clearly state what one expects
so that there will be no misunderstandings. A leader
must be assertive to get the desired results. Along
with assertiveness comes the responsibility to clearly
understand what followers expect from their leader.
Many leaders have difficulty striking the right
amount of assertiveness. It seems that being
underassertive or overassertive may be the most
common weakness among aspiring leaders.
A sense of humour is vital to relieve tension
and boredom, as well as to defuse hostility. Effective
leaders know how to use humour to energise
followers. Humour is a form of power that provides
some control over the work environment. And simply
put, humour fosters good camaraderie.
Intrinsic traits such as
intelligence, good looks,
height and so on are not
necessary to become a
leader. Anyone can cultivate
the proper leadership traits.
Intrinsic traits such as intelligence, good looks,
height and so on are not necessary to become a
leader. Anyone can cultivate the proper leadership
traits.
These personal characteristics are foundational
to good leadership. Some characteristics may be
more naturally present in the personality of a leader.
However, each of these characteristics can also be
developed and strengthened. A good leader whether
they naturally possess these qualities or not, will be
diligent to consistently develop and strengthen them
in their leadership role.
Compiled by Indira.Ramesh@enterprisecentre.com.pg

Company Brief
Contact Details
Company facts
KEY EXECUTIVEs
26
PNG BUSINESS
Services
LANDOWNER COMPANY
Business Management
HR Management
SHE
Quality Control
Gobe Field Engineering
Limited
■■ Road Construction & Maintenance
■■ Well-pad Constructions
■■ Camp Construction & Maintenance
■■ Catering, Camp & Janitorial Services
■■ Security Services
■■ Supply & hire of Labour, light vehicles & heavy plant/equipment
John Nahare
email
jnahare@yahoo.com
pnggfe01@oilsearch.com
Telephone
+675 278 6888 / 321 5518
head office
Gobe Bush Camp, Gobe
P.O. Box 2091, Port Moresby, NCD, PNG
branch offices
ADF Haus, 2nd Floor, Port Moresby
P.O. Box 2091, Port Moresby, NCD, PNG
■■ John Nahare
■■ Peter Sapake
■■ Dickson Tasi
■■ Benjamin Wabua
key customers
Oil Search (PNG) Ltd, Esso Highlands
Limited, Clough Curtain Joint Venture,
Spiecapag
Total employees 500
national 500
expat 0
1995
Gobe Field Engineering (GFE) is a representative landowner company
representing 8 landowner ethnic groups along the Gobe Pipeline area
from the SHP to Kopi in Gulf Province.
The company’s main source of business for the last 15-years is through
the Oil Search Limited’s Operations in Gobe (SHP) and Kopi (Gulf
Province). The Company’s services to OSL includes Road Construction
& Maintenance, Well-pad Constructions, Camp Construction &
Maintenance, Catering, Bakery, Camp & Janitorial Services, Security
Services, Supply of Labour, Hire of light vehicles, Hire of heavy plant/
equipment and Mechanical & Electrical workshop services.
Recently some of the services were extended to the PNG LNG Early
Works to Exxon/Esso Highlands Limited, Clough Curtain Joint Venture
(CCJV) under C1 Program which ended in June 2011 while works with
Spiecapag under EPC5A Program is ongoing now.
Going forward, GFE growth strategy is to further expand their services
to the PNG LNG Project and the Associated Gas Program particularly
in their current areas of operations whilst maintaining their main cash
basket of the OSL led operations.
Civil Earthworks, Construction & Maintenance:
 Fresh-cut Construction of Roads
 Maintenance & Rehabilitation of Roads
 Construction of Well-Pads (both land & air supported)
 Work-over & Rehabilitation of Well-Pads
Camp Construction & Maintenance:
 Main Camps (both junior & senior)
 Fly-Camps (both junior & senior)
Camp Services:
 Accommodation
 Catering & Bakery
 Laundry & Janitorial
Security Services:
 Dog Unit
 Escorts
 Static & Patrol
GOBE FIELD ENGINEERING
Excellence Since 1996
Head Office:
Gobe Bush Camp, Kikori, Gulf Province.
Tel: 278 6888 / 6820
Fax: 278 6887
Email: PNGGFE01@oilsearch.com
Port Moresby Office:
ADF Haus, 2nd
Floor, Musgrave Street,
Ela Beach, Port Moresby, NCD.
Tel: 321 5518 / 5523
Fax: 321 5529
Email: gfe01@gobefieldeng.com.pg
P.O. Box 2091, Port Moresby, NCD
Our Facts Box:
 100% Nationally Owned & Run
 12-Years of Industry Excellence
 Employs over 500 Personnel
 Work Fly-In / Fly-Out (6/2 Roster)
 Large Heavy Equipment Fleet
 Large Light Vehicles Fleet
Oil & Gas Industry Experiences:
We provide services to (past & present);
 Chevron Texaco (PNG) Limited
 Oil Search (PNG) Limited
 Exxon Mobil (PNG) Limited
 ESSO Highlands Limited
 Clough Curtain Joint Venture
 Spie-Capag (PNG) Limited
 Transtel Engineering Limited
 Jacobs Engineering Limited
 Nation-wide Construction Limited
 Oilmin Field Services Limited
 EOS (PNG) Limited
 LANDCOs (CIVPAC, GFS, KOI)
We Specialize In:
We offer a Complete Package, Contact Us…NOW
Star Rating

Company Brief
Services
Contact Details
Company facts
KEY EXECUTIVEs
key customers
Esso Highlands Limited, CBIC, CCJV,
C&H Laitepo, Kentz, MC JV, Nabors
Drilling, Red Sea, Transtel, Wagners,
Washington Drilling
Total employees 2477
national 2472
expat 5
2008
■■ Tuguyawini Libe Parindali
■■ Andrew Pitman
■■ Phillip Dunn
■■ Vehicle Service &
Maintenance
■■ Catering & Camp
Management
■■ Labour Hire
■■ Light Vehicle Hire
■■ Security
Andrew Pitman
General Manager
email
apitman@hgdcpng.com
Telephone
+675 321 4360
website
www.hgdcpng.com
head office
Portion 359, Scratchley Rd, Badili
PO Box 583 Konedobu, NCD
branch offices
Tokaju, Hides Gas Field, SHP
Tuguyawini Libe
Parindali
Chairman
Hides Gas Development Company Limited (HGDC) was established in
April 2008 under the Companies’Act 1997 to be the umbrella landowner
company for the upstream section of the PNG LNG Project.
The company is recognised by PNG LNG Project operator, Esso
Highlands Limited as the lead umbrella landowner company
representing 15 regional landowner companies from Hides Petroleum
Development Licence (PDL) 1 & 7, Angore PDL 8, Juha PDL 9, Komo
Airfield Development, Kobalu Camp and Benaria Pipeline.
HGDC has a fully represented Board comprising 18 Directors appointed
by the shareholders of their regional landowner companies. The
Directors elect the Chairman through a transparent election process
witnessed by EHL and Oil Search Ltd. HGDC supplies the local labour
force to Esso Highlands Limited and other Engineering, Procurement
and Construction (EPC) Contractors of the PNG LNG Project.
HGDC continues to seek new commercial opportunities to expand the
business platform beyond the five reserved areas of business activities
and build a sustainable long term business that will deliver and increase
value to our shareholders’ investment in the company.
LANDOWNER COMPANY
Hides Gas Development
Company Ltd
Business Management
HR Management
SHE
Quality Control
Star Rating

Company Brief
Star Rating
Contact Details
Company facts
KEY EXECUTIVEs
28
Services
Linda Sincha Paru
Managing Director
key customers
IBBM Enterprise Centre, Coffey
International, Post Courier, Telikom PNG,
NASFUND Super Ltd
Total employees 10
national 8
expat 2
2010
■■ Linda Sincha Paru
Linda Sincha Paru
email
linda.paru@hrbs.com.pg
enquire@hrbs.com.pg
Telephone
+675 323 7271 / 323 7035 (fax)
website
www.hrbs.com.pg
head office
Pacific View Apartments, 7th Floor,
Unit 5, Pruth St, Korobosea
PO Box 1882, Boroko, NCD
HR Business Solutions (HRBS) is a privately held Papua New Guinean
Company established in 2010. The Company is owned by one
shareholder,Ms Linda Paru,who is also the sole director of the company
and CEO. With a registered office and main operations in Port Moresby
NCD, the Company currently operates out of Pacific View Apartments.
The Company’s business is in the areas of Human Resource consultancy,
talent acquisition and targeted HR Training and In-house HR Support
amongst others.
The Company’s major clients include some of the major corporations in
the country including IBBM Enterprise Centre, Coffey International, Post
Courier, NAC, Telikom PNG and NASFUND Super Limited.
HRBS is a boutique human resources consultancy providing the
above services with a team of expert consultants, led by Managing
Director Linda Sincha Paru. HRBS is truly passionate about creating
high-performance cultures, developing leaders and using creative
and innovative recruitment tools to place quality candidates with their
clients.
“Focused delivery of HR Business Solutions.”
■■ HR Consulting ( HR Audits, JDs, Performance Management Planning/
Reviews etc)
■■ Payroll Bureau
■■ Targeted Soft Skills & HR Content Training
■■ Work Permits & Visas
■■ Talent Acquisition / Recruitment & Placements
HR Business Solutions
Limited
Business Management
HR Management
SHE
Quality Control
Star Rating

Article
“If a country does not have a reputation for strong corporate governance practices, capital
will flow elsewhere. If investors are not confident with the level of disclosure, capital will flow
elsewhere. If a country opts for lax accounting and reporting standards, capital will flow elsewhere.
All enterprises in that country suffer the consequences.”
- Arthur Levitt, former chairman of the US Securities & Exchange Commission
A
ccording to Organisation for Economic
Co-operation and Development (OECD)
‘Corporate governance is the system
by which business organisations are
directed and controlled. The corporate governance
structure specifies the distribution of rights and
responsibilities among different participants in
the organisation, such as the board, managers,
shareholders and other stakeholders, and spells out
the rules and procedures for making decisions on
corporate affairs. By doing this, it also provides the
structure through which the company objectives are
set, and the means of attaining those objectives and
monitoring performance.’
The three basic principles of effective corporate
governance are:
1. Transparency
2. Accountability
3. Corporate Control
Corporate governance plays a vital role in
increasing the corporate value of companies in Papua
New Guinea. Many businesses seeking new funds
often find themselves obliged to undertake serious
corporate governance reforms at a high cost and
upon the demand of outsiders, often in a time of crisis.
When the foundations are already in place, investors
and potential partners will have more confidence in
investing in or expanding the company’s operations.
“Corporate Governance
principles can benefit the
owners and managers...”
Benefits of Good Corporate
Governance for PNG Businesses
Corporate Governance principles can benefit the
owners and managers of companies and increase
transparency and disclosure by:
1. Improving access to capital
2. Help to survive in an increasingly competitive
environment through mergers, acquisitions,
partnerships, and risk reduction through asset
diversification.
3. Provide an exit policy and ensure a smooth
inter-generational transfer of wealth and
divestment of family assets, as well as reducing
the chance for conflicts of interest to arise.
4. Adopting good corporate governance
practices leads to a better system of internal
control, thus leading to greater accountability
and better profit margins
5. Good corporate governance can provide
proper incentives for the board and
management to pursue objectives that are in
the interest of the company and shareholders,
as well as facilitate effective monitoring
6. Better corporate governance can also provide
shareholders with greater security on their
investment
7. Better corporate governance also ensures
that shareholders are sufficiently informed
on decisions concerning fundamental issues
like amendments of statutes or articles of
incorporation, sale of assets, etc
STANLEY V. THOMAS
BUSINESS ASSESSOR, ENTERPRISE CENTRE
The Significance of Effective Corporate
Governance for Businesses in PNG

Framework for Ensuring
Effective Corporate Governance
by PNG Businesses
Key elements relating to effective corporate
governance has been covered in the framework
below:
Board Structure, Composition &
Membership
Board Charter
Board Experience of Directors
Directors Training
Membership of PNG Institute of Directors (PNGID)
Board balance (having independent directors)
Board Committees
Boardroom Conduct, Relationship and
Performance
Board agenda, reporting, papers and minutes
Frequency, conduct, management and outcomes of
meetings
Board Performance Appraisal
Regulatory Disclosures and
Shareholder Communications
Annual Report
Annual General Meeting (AGM)
Continuous disclosure obligations and company
announcements
Dividends Policy
Organisational Policies and Procedures
Job Descriptions & Organisational Chart
Organisational Documents
Finance Manual, Operations Manual, Procurement Manual, HR
Manual, Safety, Health Environment (SHE) Manual
Strategy, Planning and Monitoring
Vision and Mission statement
Corporate/Business Plan
Goals/KPIs
Budgets and cash flow plan
Monitoring and evaluation
Robust Risk Management and Compliance
Processes
Risk Management Policy
External Auditor
Internal Audit
IPA Compliance
Company Registration
Constitution
Notice regarding directors shareholders
Register of shares/ shareholders
Annual Return
IRC Compliance
Tax Return
GST Return
Group Tax
Withholding Tax
Certificate of Compliance
Insurance
Public Liability
Workers Compensation
Property
Loss of Business
Directors Officers
Vehicles
Superannuation
Corporate Social Responsibilities
Code of Conduct/ Code of Ethics:
Commitment to shareholders
Ethical standards
Expectation of employees
Privacy
Compliance
Employee Relations
Health Safety
Social and environmental obligation
It is important to realise that good corporate
governance is based on principles underpinned by
consensus and continuous notions of good practice.
Good corporate governance practices creates an
environment to take risk, clarifies the role of the board
and the management and also helps in meeting
the information needs of investment communities.
Corporate governance assists organisations to
achieve their strategic objectives thereby increase the
corporate value of companies in Papua New Guinea.

Company Brief
Star Rating
Services
Contact Details
Company facts
KEY EXECUTIVEs
32
Jubilee Rent-a-Car Ltd was established in 2002 and is 100% nationally
owned and operated.
Jubilee Rent-a-Car Ltd has over 40 units of motor vehicles in Port
Moresby, Madang, Lae, Goroka and Mt Hagen.
Jubilee strives to understand and uphold its core values and contribute
to the common good of the firm while striving for personal growth and
excellence.
■■ Car Rental
key customers
NAC, NBC, University of Goroka,
University of Technology, ENB Provincial
Government
Total employees 20
national 20
expat 0
2002
■■ Kepas M. Rakop
■■ Anna A. Rakop
Kepas M. Rakop
email
jubilee@online.net.pg
Telephone
+675 325 3701
website
N/A
head office
Section 73, Lot 43,
Henao Drive, Gordons
branch offices
Lae, Madang, Goroka and Mt. Hagen
Kepas M. Rakop
Managing Director
Jubilee Rent-a-Car Ltd
Organisation Governance
Business Management
HR Management
FAM Inventory Control
SHE
Quality Control
Star Rating

FOR ALL YOUR SECURITY NEEDS PLEASE CALL PCS ANYTIME
THE GENERAL MANAGER
MR RICK GOODWIN
THE MANAGING DIRECTOR FOUNDER
MR JACOB KAUPA
OUR VISION IS TO BE THE LEADING SECURITY COMPANY PROVIDING A SAFE SECURE ENVIRONMENT FOR
THE MUTUAL BENEFITS OF OUR CLIENTS IN THIS CHALLENGING WORLD
WE PROVIDE:
TRAINING, ARMED GUARD, ARMED ESCORT, GUARD DOG, STATIC GUARDS, CASH ESCORT, BUS
PICK-UP DROP OFF EMERGENCY TACTICAL RESPONSE UNIT ON 24/7 DAYS
OUR CONTACT ADDRESS
HEAD OFFICE: LAE BRANCH: MADANG BRANCH
P O Box 1785, Port Moresby P O Box 1435, LAE, Morobe Province, P O Box 1311, Madang
N C D, PNG, Dogura Road, PNG, 3 Mile, Okuk Highway, Telephone: PNG, Phones: 422 2066
Section 32, Lot 6, Telephone: 323 2339 472 8443,472 8443 Fax: 472 8442 7331 3209, 7651 5602,
Fax: 323 2355, Email: jacob@datec.net.pg, Email: pmurray@datec.net.pg 430 6717.
ricko@daltron.net.pg
THE GENERAL MANAGER
MR RICK GOODWIN
MR JACOB KAUPA
WE PROVIDE:
OUR CONTACT ADDRESS
THE GENERAL MANAGER
MR RICK GOODWIN
MR JACOB KAUPA
WE PROVIDE:
OUR CONTACT ADDRESS

Company Brief
Services
Contact Details
Company facts
KEY EXECUTIVEs
34
PNG Gardener is a horticultural and gardening company that has been
established in Papua New Guinea for over eleven (11) years and is
solely nationally owned by Mr Justin W Tkatchenko OL BEM and Mrs
Catherine JaneTkatchenko and is managed by Mr JustinWTkatchenko.
PNG Gardener is one of PNG’s leading landscaping, floristry and
horticulture businesses. It is also a supplier and provider of both indoor
and outdoor garden equipment, plant nursery and it specialises in
orchid husbandry.
TheCompanyisinitsearlystagesandisstilldevelopingitsmanagement
processes and policies however the Company is also looking at forming
strong foundations in terms of its development of key personnel,
equipment and facilities,
The Company has approximately 120 permanent national employees
and engages approximately 20 casual employees. There is one
expatriate employee who is the general manager. The Company is
well referenced by its clients and customers and also by the general
community.
■■ Landscaping
■■ Plant Sales/ Hires
■■ Beautification
key customers
National Parliament, National Airport
Corporation, NCDC
Total employees 128
national 127
expat 1
1999
■■ Justin W. Tkatchenko OL BEM
■■ Catherine Tkatchenko
PNG Gardener
email
pnggardener@daltron.com.pg
Telephone
+675 323 4098 / 325 5049
website
www.pnggardener.com.pg
head office
Waigani Dr., PO Box 362, Waigani, NCD
branch offices
Flowershop at Brian Bell Home Centre
Justin W. Tkatchenko OL BEM
Managing Director
Kitoro no.33 Ltd t/as
PNG Gardener
Business Management
HR Management
SHE
Quality Control
Star Rating

Company Brief
Services
Contact Details
Company facts
KEY EXECUTIVEs
■■ Security
■■ Catering and Camp
Maintenance
■■ Light Transport
■■ Labour Supply
■■ Other Business
Opportunities
key customers
EHL, CJJV, LAG, Leighton, Wagner,
Nippon Express, BAM Clough, Jan De
Nul (Saipem), Laba Security, ISOS
Total employees 1725
national 1724
expat 1
2009
■■ Raho Kevau
■■ Scholastica Kuipuru
■■ Jon Beatty
■■ Dinah Tetaga
Raho Kevau
email
rahokevau@laba.com.pg
Telephone
+675 7100 1810
+675 7100 1811 / 7100 1812
website
www.laba.com.pg
head office
PO Box 296, Boroko, NCD.
100m past PNG LNG Gate No. 2 on the
North side of the Papa-Lealea Road
Landowners .....Looking after our
We provide services in:
 Labour Supply
 Security
 Catering and Camp Maintenance
 Other Business Opportunities outside of
the Project
 Light transport
Our Vision
“To be a company dedicated to job creation and
development of sustainable businesses that enhances the
wealth and future opportunities for residents of
shareholder villages – Building futures and creating
prosperity.”
Our Mission
Building a sustainable and competitive organisation that
will serve the commercial needs of the PNG LNG project
and beyond.
LABA HOLDI
Laba Holdings Limited is the landowner umbrella company for the
four impacted villages, Papa, Lealea, Porebada and Boera in Central
Province where the PNG LNG Plant site is located. Laba Holding’s
shareholders are; Porebada Holdings Limited, Boera Holdings Limited,
Papa Resource Development Limited and Buria-Rearea Caution Bay
Limited. These shareholders represent the four villages on the board
and each own 25% of the issued shares.
There are three business areas which have been mandated by the
project as Laba’s only businesses. They are Security, Labour Hire
and Camp Maintenance, Management and Catering. Labour Hire is
Laba’s core business. The company has entered into Joint Ventures
with two companies to form Laba Security Services Ltd to run the
security operations and Laba Alliance Group Limited to run the Camp
Maintenance, Management and Catering business. Both JV Partners
are well operated companies with recognised experiences and
achievements within their respective fields.
LANDOWNER COMPANY
Laba Holdings Ltd
Business Management
HR Management
SHE
Quality Control
Raho Kevau
Executive Chairman
Star Rating

article
“Providing training for employees helps them develop their skills and knowledge.
Training also motivates employees and is a building block to the organisations
success”.
T
he GDP of Papua New Guinea is estimated
to grow at 7.5 to 8.5% in the coming years.
This is made possible by the numerous
projects that have and will come on line that have the
potential to have a truly profound impact on Papua
New Guinea’s future.
These projects have the potential to transform the
economy and thereby develop people and human
capacity and create and deliver sustainable, long
term benefits to the local communities.
“If organisations are to
survive and prosper in this
phase of rapid change, they
need to be more flexible, and
faster-learning than ever
before.”
If organizations are to survive and prosper in this
phase of rapid change, they need to be more flexible,
faster moving and faster-learning than ever before.
The ability of the workforce to adapt to the changes
and adopt attitudes, skills and characteristics
depends purely on the TRAINING provided by the
Organisation.
Providing training for employees helps them
develop their skills and knowledge. Training also
motivates employees and is a building block to the
organisations success. Those that understand the
importance of training absolutely know this to be a
fact.
It’s not a belief or an opinion, or a preference. It’s
certainly not an attitude. It’s a cold hard fact: training
is important.
Many people know that training is important –
because, at one time or another and in one form or
another, we’ve all been valuably trained in something,
or trained someone else to do something useful –
yet this basic knowledge is not widely reflected in
the world of work. Its clear importance is not fully
understood and therefore not fully exploited to make
life easier and more profitable.
Training is no longer optional. It’s not an enhancer,
a supporter, or a nice to have thing. In the 21st
century, an organization’s capacity to effectively train
its people is part of its ability to survive. And if that
capacity isn’t there – or if it’s defective – then the
organization itself will reveal that flaw in a number of
destructive ways, including loss of bottom line profits.
In today’s world, everyone needs to be a skilled
worker. From the receptionist with the high school
education to the CFO with an MBA, the entire
workforce has become a skilled landscape; and that
means that there is arguably no position that isn’t in
need of continuous training.
When there are gaps in the skilled workforce –
gaps caused by lack of training – then, automatically,
work becomes inefficient and money is lost.
How much money is lost depends on the type
of gap and how it manifests; but without doubt,
regardless of whether a company sells flowers or
microchips, a gap in the skilled workforce costs
money.
In the past, this gap was typically seen only in terms
of sales, such as whether a lack of training caused
a sale to be lost. Now, however, we know without
INDIRA RAMESH
BUSINESS AND TRAINING COORDINATOR, ENTERPRISE CENTRE
Training is Not an Option -
It is ESSENTIAL

any economic doubt that the costs of ineffective or
non-existent training gaps go far beyond lost sales.
These additional financial costs include: rework,
missed profits (smaller profits due to inefficiency),
and misallocated resources (money spent trying to
fix a gap could be better spent elsewhere). There’s
also lost market share, lost potential word-of-
mouth advertising from satisfied (or merely served)
customers and the list goes on.
Understanding why Training is
Important
It bears repeating: training can no longer be viewed
as a support system, like a good benefits program or
a leading-edge technical infrastructure. In the skilled
workforce of the 21st century, training is essential. It
is the core engine of a company, because it supports
the entire skilled workforce. And, frankly, there is no
other way – whatsoever – for a company to comply
with this paradigm shift than to understand that
training is important. Or rather, that it’s essential.
Providing - The right type of training to the right
people at the right time.
A typical and rational concern here might be that
not all types of workers require the same training.
Yet as economists are clearly pointing out - without
emotion, without bias, in the great way that this old-
fashioned training approach is more expensive than
the new, customised skilled workforce training. This
is because focused training can be measured and
tracked much more practically than generic company-
wide training. Furthermore, this customisation allows
training to be tweaked and adjusted as business
needs and market conditions require.
Training in PNG
Some of the biggest concerns raised by the
organisations limiting their success in determining
long term profitability operating in PNG are employee
retention, lack of skilled employees, poor productivity
and the need for supervision to improve efficiency
“The Govt.of PNG recognises
theneedforHumanResource
development...”
The Government of Papua New Guinea recognises
the need for Human Resource development to
improve the quality of life of employees and their
families and to encourage training, has introduced a
Training Levy. The Training Levy, under the section 4(1)
of the income Tax Act 1959…. (the Act) is deemed to
be an income tax. This however can be claimed by
showing documentary evidence of qualifying training
expense.
It is time to take note of this grant from the
Government to address the issues and concerns
haunting the business and impart training to
employees and create an efficient and productive
workforce and a profitable organisation.
The key argument here isn’t that training is good.
This isn’t pro-training boosterism and it’s certainly
not a lobbying effort on behalf of financially neglected
Training and Development professionals across the
globe. The perception that training is essential is
sourced in the emergence of the most powerful and
possibly most dynamic, labour market concept in
history: the skilled workforce.

Total Clean is totally committed
to maintaining world standard
cleaning services to the Porgera
Gold Mine.
Recently Total Clean has ventured
into Port Moresby, Lae and the
PNG LNG Project.
Total Clean is proud to offer the
following services:
• Housekeeping /Camp Service
• Total Cleaning Service
• Plant Equipment Hire
• Carpentry and Maintenance
• Pest Control
• Labour Hire
For more information on our
services please contact us on
the numbers below:
Tel : +675 547 8164
Web: www.totalcleanpng.com
Head Office
PO Box 704, Mt Hagen, WHP
Branch offices
PO Box 1103, Waigani, NCD
Email: bpepo@barrick.com

Company Brief
Contact Details
Company facts
KEY EXECUTIVEs
Services
■■ David Joseph
■■ Wendy Joseph
Rabaul based Lewenda Ltd started off its business activities as a
seafoods company operating under the business name of Lewenda
Seafoods Ltd and operated for over 4 years.
Today it has expanded from a sea foods business to a diversified
business having business activities with Chiyoda, JGC Joint Venture
(CJJV) at the Papa Lea Lea LNG early works site as an importer of Fire
Trucks, Fire and Safety Equipment and Rescue equipment. It now has
gone into Cartages services as well.
Lewenda Ltd has been providing its clients with quality service for well
over 3 years. The business now is primarily an importer to its major
customer, CJJV and a supplier of seafoods to Nationwide Catering
Services on Lihir Island through Newcrest Mining Ltd.This is an increase
in business activities over last year and it is estimated that it will also
increase its customers this year with regards to PNG LNG Project.
Lewenda Ltd has expanded to cater for the increased demand from
both CJJV and Newcrest Mining Ltd and is committed to supplying
quality services to both major clients and the public at large.
■■ Seafoods Wholesale Supply
■■ Water Carting
■■ Waste Disposal
■■ Importation of Specialist Machineries to the PNG LNG Project
David Joseph
email
lewenda.seafoods@gmail.com
Telephone
+675 982 7163
website
www.lewendasf.com
head office
Section 453, Lot 16,
Waigani Heights, NCD
branch offices
Rabaul
key customers
CJJV, CBI Singapore, Alliance Group,
Nationwide Catering Services
Total employees 5
national 5
expat 0
2008
David Joseph
Managing Director
Lewenda Seafoods Ltd
Business Management
HR Management
SHE
Quality Control
Star Rating

Company Brief
Star Rating
Contact Details
Company facts
KEY EXECUTIVEs
40
Lion Heart International (LHI) provides security services to individuals
and companies. LHI is head quartered in Port Moresby and they have
their international office in Sydney. LHI provides security and personnel
escort service and mobile patrols. LHI also specializes in providing
Intelligence reports to clients from time to time.
LHI provides a variety of security equipment ranging from ballistic
products to security electronics to its clients in Papua New Guinea. LHI
supplies security equipment to PNG Police, Customs Agencies, CIS and
other small manned security companies. LHI has been providing the
PNG Police Force with basic equipment like Body Armour, Bullet Proof
Vests and Webbing.
Services
key customers
Saipem, AM King, PNG Police Force, CIS
Total employees 20
national 20
expat 0
2003
■■ International Security Services (Close Protection Officers)
■■ Security Escort Services
■■ Mobile Patrols
■■ Supplier of Security Equipment and Body Armours
■■ Security Intelligence Reports
■■ Immanuel Marat
Immanuel Marat
email
immanuel.marat@lionheartpng.com
Telephone
+675 7115 8557
website
www.lionheartpng.com
head office
Section 264, Lot 14, Gahuna
Cres.,Gerehu Stg 1, NCD
branch offices
N/A
Lion Heart International
Limited
Business Management
HR Management
SHE
Quality Control

HeadOffice:SeetoKuiLockedMailbag,HuonGulfPostOffice,Lae412,MorobeProvince,PapuaNewGuinea.
Distributor for:
T: (675) 325 4700 | F: (675) 325 4474
E: skpom@seetokui.com
Lae Branch:
T: (675) 472 1111 | F: (675) 472 1335
E: sklae@seetokui.com
Seeto Kui Locked Mailbag, Huon Gulf Post Office,Lae 412,
Morobe Province, Papua New Guinea.
POM Branch:
P.O. Box 1405, Boroko., National Capital District,
Papua New Guinea.
GROCERY / VARIETY
SK Group of Companies Magazine Advert
®
Distributor for:
POM Branch:
T: (675) 325 6734
F: (675) 323 4901
E: mpspom@seetokui.com
P.O. Box 1405, Boroko.
National Capital District,
Papua New Guinea.
Seeto Kui Locked Mailbag,
Huon Gulf Post Office,Lae 412,
MP, Papua New Guinea.
Lae Branch:
T: (675) 472 4177
F: (675) 472 3629
E: mpslae@seetokui.com
MAINLAND PLUMBING
HARDWARE SUPPLIES
Distributor for:
Leading Supplier of:
- Hardware
- Plumbing and Timber
T: (675) 472 2388 | F: (675) 472 2824
E: bowmans@seetokui.com
®
baby
®
PROFESSIONALS CHOICE
®
®
OVERSEAS
DISTRIBUTORS
Distributor for:
ELECTRICAL
POM Branch:
T: (675) 325 5290 | F: (675) 325 5621 |E: falbores@seetokui.com
P.O. Box 1405, Boroko. National Capital District, Papua New Guinea.
Lae Branch:
T: (675) 472 2388 | F: (675) 472 7388 | E: louie@seetokui.com
Address:
T: (675) 479 3288 | F: (675) 479 3289
E: foodmart@seetokui.com
Distributor for:
POM Branch:
T: (675) 325 7250
F: (675) 323 4870
E: apangan@seetokui.com
P.O. Box 1405, Boroko.
National Capital District,
Papua New Guinea.
Lae Branch:
T: (675) 479 1111
F: (675) 472 2128
E: moreni@seetokui.com
STATIONERY
Seeto Kui Locked Mailbag,
Huon Gulf Post Office,Lae 412,
MP, Papua New Guinea.

Article
“Port Moresby Stock Exchange (POMSoX) is tasked with the job of running and
maintaining the independent operations of the stock market”.
P
ort Moresby Stock Exchange Limited
(“POMSoX”) is tasked with the job of running
and maintaining the independent operations
of the stock market. Its primary task is to ensure
integrity in its systems and provide confidence to
investors and market participants. The company was
established and registered under the Companies Act
1997. It was granted a license to operate a stock
market under the Securities Act 1997 and is regulated
by the PNG Securities Commission.
As a self-regulating stock exchange POMSoX
oversees and supervises both the Participating
Brokers and Listed Companies via the POMSoX
Business Rules and Listing Rules. Trading in securities
is electronic and settlement is carried manually via
Securities Transfer Forms. Settlement cycle is Trade
Day plus 3 Business Days.
There are currently 18 listed
equity securities and 2 listed
debt securities on POMSoX...
There are currently 18 listed equity securities
and 2 listed debt securities on POMSoX and as
of 31 December 2011 the market had a market
capitalisation of K85.9 billion. POMSoX does not
have a derivatives market and it is unlikely in the short
to medium term to develop one.
POMSoX would welcome the opportunity to
discuss the benefits of listing with any company
who is looking to raise capital via the equity markets.
POMSoX also sees the need to raise the general
public’s awareness of the benefits of investing for
their long term future and as such regularly hold
investment seminars around the regional centres of
PNG.
Key Personnel
Geoff Mason General Manager
Vincent Ivosa Listing Manager/Company
Secretary
Key Customers
18 listed entities from both PNG and Australia;
Two Participating Member Brokers;
PNG Securities Commission;
PNG Registry;
Computershare Registry
Employees
National 4
Expatriate 1
Year of Establishment 26 January 1998
Business Activity
Market provider for the facilitation and regulation
of securities transactions.
Market Regulations
POMSoX ensures that at all times; it must maintain
the integrity of the market. The continued success of
our market depends on our ability to maintain a high
level of integrity. POMSoX promotes market integrity
in a number of ways including;
POMSoX’s Role in the PNG Economy

the development and implementation of its
Business Rules and Listing Rules designed to
ensure orderly and fair markets
supervision of those markets
the active pursuits of technological improvements
to meet market requirements and demands
maintain close working relationships with
other regulators, notably the PNG Securities
Commission and the PNG Central Bank.
Role in PNG Economy
POMSoX plays a key role in the economy by
providing a medium of channelling excess capital
resources to productive sectors of the economy. This
is done through the raising of capital for existing or
new companies through the issue of shares to the
investing public.
The stock exchange and all the companies that
are associated with POMSoX provide hundreds of
thousands of jobs. A number of other benefits to the
economy include:
■■ Mobilization of savings for investment
When people draw their savings and invest in
shares (through a IPO or the issuance of new company
shares of an already listed company), it usually leads
to productive use or allocation of resources because
funds, which could have been consumed or kept in
idle deposits with banks are mobilized and redirected
to help companies’ finance their organisations. This
may promote business activity with benefits for several
economic sectors such as agriculture, commerce
and industry, resulting in stronger economic growth
and higher productivity levels of firms.
■■ Facilitating company growth through acquisitions of
similar businesses in same industries
A takeover bid or a merger agreement or
acquisition through the stock market is one of the
simplest and most common ways for a company to
grow by acquisition or fusion.
■■ Profit Sharing
Shareholders, both private and professional share
in the wealth of profitable companies via dividends and
capital appreciation of the value of shares purchased.
■■ Promotion of Corporate Governance Standards
By having a wide and varied scope of owners,
companies generally tend to improve management
standards and efficiency to satisfy the demands of
these shareholders and the more stringent rules
for public corporations imposed by public stock
exchanges and the government. Consequently, it is
alleged that public companies (companies that are
owned by shareholders who are members of the
general public and trade shares on public exchanges)
tend to have better management records than
privately held companies (those companies where
shares are not publicly traded, often owned by the
company founders and/or their families and heirs or
otherwise by a small group of investors).
■■ Creation of investment opportunities for small
investors
Investing in shares is open to both large and small
investors, as the number of shares purchased is only
limited to the amount of money the investor wishes
to invest. Therefore the stock exchange provides the
opportunity for small investors to own shares in the
same companies as large investors.

Company Brief
Services
Contact Details
Company facts
KEY EXECUTIVEs
44
key customers
Porgera Development Authority,
Individual Clients
Total employees 1
national 1
expat 0
2007
■■ Max Jackson
Mats Consulting Brokers Ltd is a business advisory and car rental
company that gives professional business advice and provides a
professional car rental services to clients.
Located in Port Moresby Matz Consulting Brokers Ltd is managed and
owned by Mr Max Jackson who is knowledgeable in the field of “Tax
and Business Management”.
The car rental service uses brand new imported cars from trusted
Japanese dealer.
The company wishes to expand in the near future to specialise in
Human Resources development.
■■ Business Advisory Services
■■ Car Rental Services
■■ Tax Agent
Max Jackson
email
jacksonmax908@gmail.com
Telephone
+675 344 8286
+675 7638 3759 / 7213 7261
website
N/A
head office
PO Box 51, UPNG Post Office, Waigani
Max Jackson
Managing Director
Matz Consultant Brokers Ltd
Business Management
HR Management
SHE
Quality Control

Company Brief
Contact Details
Company facts
KEY EXECUTIVEs
Services
key customers
Stocks Partners, Brian Bell, Civpac,
National Airport Cooperation
Total employees 6
national 6
expat 0
2010
■■ Building Fencing
■■ Maintenance repair
■■ Renovations
■■ Steel Fabrication
■■ Road Pavement
■■ Drainage Civil works
Maxscope Construction is a Contractor specialising in the construction
of Structural and Civil Infrastructure. The Directors of the company
have over 25 years experience in Project Management, Construction
management and engineering consultation.
Maxscope Construction has a successful working relationship with a
professional consulting practice namely Stocks Partners and is well
versed when backed with Stocks Partners’ design consultation on
projects.
The company maintains a modern well-equipped office in Port Moresby,
with 2100 square meters of yard space utilised for storage of materials
and the latest Construction equipment for projects that we under take.
Maxscope has experienced professional engineers and with the aid of
Stocks Partners Ltd and its associates are able to carry out a large
range of assignments for both industry and Governments of countries
within the South Pacific Region.
■■ Percy Stocks
■■ Gabriel Stocks
■■ Lawrence Stocks
Maxscope Construction Ltd
email
maxscope@live.com
Telephone
+675 323 8198
website
N/A
head office
Section 6 Lot 32 Hunu Place, Boroko,
NCD
branch offices
N/A
Percy Stocks
General Manager
Maxscope Construction Ltd
Business Management
HR Management
SHE
Quality Control

Company Brief
Star Rating
Services
Contact Details
Company facts
KEY EXECUTIVEs
46
key customers
RH Trading, Brian Bell, Interoil
Total employees 706+
national 700+
expat 6
2003
■■ Hon. John Pundari MP
■■ Emmy Pyakalyia
■■ Static Guards, Guard Dog
Handler
■■ Gun Men, Cash
Transportation
■■ Mounted Escort Services
■■ VIP Protection, Secured
Transport (Chauffeur)
Emmy Pyakalyia
email
mmillenium44@yahoo.com.au
Telephone
+675 323 9728
website
N/A
head office
East Boroko, NCD
branch offices
Lae, Morobe Province
Hon. John Pundari MP
Director
Established in February 2003, Millenium Guards and Security Services
(MGSS) is proud to be one of the few professional Security Companies
operating in Lae and Port Moresby. It is one of a few select firms
that are able to meet the current requirements to qualify for a class
A License under the security firm’s legislation (Security Protection Act
2006).
MGSS maintains a 24 hours Operations Room complimented and
assisted by 3 sub stations which are supported by 24 hours vehicle
patrols.The latest introduction of the trekking system enables MGSS to
effectively monitor client locations vehicles and executives.
MGSS also maintains a direct link with the Police.
MGSS head office is located in East Boroko surburb of Port Moresby and
has its living quarters for its guards at 8 Mile, outside of Port Moresby.
The company also operates Secure Transport with its sister company,
VIP Prime Transport with its group fleets.
Millenium Guards and
Security Services Ltd
Business Management
HR Management
SHE
Quality Control
Star Rating

Company Brief
Services
Contact Details
Company facts
KEY EXECUTIVEs
Mobo Group of Companies Ltd (MGCL) was established in 2006
to provide value added services to customers in various areas
which include medical, merchandising, building construction and
maintenance, human resources recruitment and management and
other related services.
Since 2009, Mobo has grown exponentially to incorporate and
successfully operate various business ventures and is continually
evolving, adapting to different business demands and is pushing the
boundaries in terms of becoming a leader in service delivery, especially
in rural service delivery.
Mobo now has international connections and offices in Australia, South
East Asia and the Pacific region.
key customers
Kikori Oil Investment, NCDC, , PNG
Government, , Kikori District Rural
Hospital, NGOs
Total employees 38
national 38
expat 0
2006
■■ Medical Services
■■ Building Construction
■■ Merchandising
■■ Transport Security
■■ HR Recruitment
Consultancy
■■ Catering Services
■■ Financial Services
■■ Dr Moses Wiau
■■ Dr Sioni Silas
■■ Solomon Wiau
■■ Kennedy Topio
Dr Moses Wiau
email
moses.wiau63@gmail.com
Telephone
+675 7236 8861
website
N/A
head office
Section 470, Lot 50, Waigani, NCD
branch offices
Section 1, Lot 8, Haku Street, Buka, ARB
Dr Moses Wiau
Managing Director
Mobo Group of Companies
Limited
Services
Business Management
HR Management
SHE
Quality Control

Civil Earthworks, Construction Maintenance:
 Fresh-cut Construction of Roads
 Maintenance Rehabilitation of Roads
 Construction of Well-Pads (both land air supported)
 Work-over Rehabilitation of Well-Pads
Camp Construction Maintenance:
 Main Camps (both junior senior)
 Fly-Camps (both junior senior)
Camp Services:
 Accommodation
 Catering Bakery
 Laundry Janitorial
Security Services:
 Dog Unit
 Escorts
 Static Patrol
GOBE FIELD ENGINEERING
Excellence Since 1996
Head Office:
Gobe Bush Camp, Kikori, Gulf Province.
Tel: 278 6888 / 6820
Fax: 278 6887
Email: PNGGFE01@oilsearch.com
Port Moresby Office:
ADF Haus, 2nd
Floor, Musgrave Street,
Ela Beach, Port Moresby, NCD.
Tel: 321 5518 / 5523
Fax: 321 5529
Email: gfe01@gobefieldeng.com.pg
P.O. Box 2091, Port Moresby, NCD
Our Facts Box:
 100% Nationally Owned Run
 12-Years of Industry Excellence
 Employs over 500 Personnel
 Work Fly-In / Fly-Out (6/2 Roster)
 Large Heavy Equipment Fleet
 Large Light Vehicles Fleet
Oil Gas Industry Experiences:
We provide services to (past present);
 Chevron Texaco (PNG) Limited
 Oil Search (PNG) Limited
 Exxon Mobil (PNG) Limited
 ESSO Highlands Limited
 Clough Curtain Joint Venture
 Spie-Capag (PNG) Limited
 Transtel Engineering Limited
 Jacobs Engineering Limited
 Nation-wide Construction Limited
 Oilmin Field Services Limited
 EOS (PNG) Limited
 LANDCOs (CIVPAC, GFS, KOI)
We Specialize In:
We offer a Complete Package, Contact Us…NOW

Study on Business Assessment of Small Business and SMEs in Papua New Guinea

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