WAMP NGA HOLDINGS LIMITED

"Kampani Bilong Yumi"

Accomodation - Information Technology - Motor Vehicles - Western Star Trucks - Real Estates - Fuel Distributors & Service Stations

 

Home
Board of Directors
Management Team
Businesses
Company Structure

Head Office Operation

Head Office is situated on the First Floor, Wamp Nga Haus, Mount Hagen.  The Office is staffed by twenty two employees and consists of the following departments; Debtors, Creditors, Pay Office, Reception, Training the Personnel, Credit Control and E.D.P. Head Office provides computer network management and support for all operating divisions within the Group.  In the near future, the company is working on a project to link all with Novell InterNetwork setup in the Highlands. 

Wamp Nga uses the ACCPAC Accounting System, both at Head Office and most of the ‘point of sale’ outlets. The Head Office system runs Trade Debtors, Trade Creditors, Fixed Assets, Cash Book and General Ledger systems all integrated. It produces the monthly Profit and Loss Reports by cost centre and a consolidated one as well. It also produces a Balance Sheet and various other analytical reports for management purposes. 

The outlets that use ACCPAC basically run the inventory system, where point of sale invoicing is done and item valuation reports for stock control purposes.

We are in the process of transferring the debtors functions to the locations with a view to improving reporting and debt collection. We envisage connecting the locations onto Head Office ACCPAC within the next couple of years to eradicate duplication of work.

Business started:                                   31/05/69

Date business registered:                       01/10/81

Approx. No. of employees:                      250 

Annual turnover:                                     K40 million

Asset backing:                                      In excess of K10 million

Bankers:                                               Papua New Guinea Banking Corporation, Mount Hagen. 

Auditors:                                               Auditor General of PNG appointed agents are KPMG Chartered Accountants

Share Holding

a) Hagen Local Government Council              60%

b) Nebilyer Local Government Council            20%

c) Anglimp Local Government Council            20%

 Wamp Nga Holdings Limited has shares in the following companies

Vegmark Limited

Vegetable wholesaling

Wamp Nga Holdings Ltd

62%

Melpa Properties Ltd

38%

Mount Hagen Liquior Supplies

Liquor 

Wamp Nga Holdings Ltd   

50%

Melpa Properties Ltd

50%

Major Clients 

Nambawan Haus Moni,

Papua New Guinea Banking Corporation

W R Carpenters Limited                                                                                                

Warner Shand – Lawyers                                                                                               

Telikom PNG 

Shell PNG LTD

Steamships Automotive

Boral Gas

Major Sponsorships

Mount Hagen Squash Open Championships

Mount Hagen Golf Club

Major contributor to numerous Community Projects


COPYRIGHT WAMP NGA HOLDINGS LIMITED

LAST MODIFIED Saturday, November 30, 2002 10:50:51 AM

ANY COMMENTS ABOUT THIS WEB SITE DIRECT TO administrator@wampnga.com.pg

BEST VIEWED IN INTERNET EXPLORER 5.0 OR LATER AT RESOLUTION 1024 x 768 PIXELS OR LATER