SNS Support Tech

Author name: SNS Support Tech

2015, General News

Speech by MD Augustine Mano on the occassion of SMP groundbreaking ceremony

The Prime Minister Peter O’Neill, Government Ministers Governors and Members of the diplomatic Corps, Members of Parliament, Chairman and members of MRDC Board, Representatives of the shareholders of Star mountain Plaza who are here tonight, MRDC’s subsidiaries, all landowner leaders, members of PEC for Gulf Province, Fly River Province and Southern Highlands Province, our guests from Hilton World Wide, Ladies and Gentlemen.

2014, General News

MRDC Group of Companies Acquisition of Hevilift

The MRDC Group of Companies invested in Hevilift by acquiring 50% of shares in the company. This investment decision is to participate in the aviation business with the major light aircraft business operator in the Asia Pacific region. Prior to the investment decision, due diligence was conducted for nine months in Hevilift Ltd to purchase half of the shares in that company.

2014, General News

Speech by John Kapi-Natto Chairman of PRK during the Official Opening of Kikori Bank and Post Office

Petroleum Resources Kutubu Limited (PRK) is a subsidiary of Mineral Resources Development Company (MRDC). It was incorporated in 1989 under the Companies Act to hold the landowners and provincial government equity interest in the Kutubu Petroleum Project and currently manages 6.75% equity in the Project on behalf of the beneficiaries in Petroleum Development Licence 2 (PDL2) area.

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