WR Carpenter (PNG) Group

The WR Carpenter (PNG) Group is a member of the MBf Carpenter Group with operations in:

• Malaysia
• Australia
• Fiji - www.carpenters.com.fj
• Papua New Guinea - www.carpenters.com.pg

MBf Carpenter’s holding company MBf Holdings Berhad is listed on the Kuala Lumpur Stock Exchange.

Introduction

The PNG Group is:

• One of the top 4 employers in PNG
• Has over 6000 employees
• Has operations spread throughout PNG
• Has a mix of agricultural, trading, manufacturing & IT activities
• Has an edge in the majority of environments in PNG

The WR Carpenter (PNG) Group has developed and operated businesses in Papua New Guinea since 1919 when WR Carpenter & Co. Limited registered in Rabaul.  At that time Rabaul was the main business centre and capital of New Guinea, and had been under military occupation since 1914.

The principal business of WR Carpenter & Co Limited was the purchase of island produce and the selling of general merchandise.

The Group’s evolution in Papua New Guinea has diversified over this period and has variously included Plantations, Shipping, and Merchandising, Insurance, Aviation and Automotive interests and recently the IT business technology sector.

Vision Statement

It is the intention of the company’s directors and shareholders to see the group build on its existing core businesses within Papua New Guinea.  Whilst there are and will always be, periods of political instability and doubt as to the ability of the country to develop; the diverse makeup of its people and the nature of the resource base, we believe, are a recipe for success.  The makeup of our organization gives us the flexibility required to adjust to these trends.

The current operations include:

• Daltron
• Boroko Motors
• Highlands Estates – Tea & Coffee
• Coastal Plantations – Cocoa, Copra, Cattle and Aquaculture
• Toboi Oil Mill – Coconut Products
• Carpenters Hardware
• Properties
• Courts
• Budget Rent A Car
• Globe Cannery