Independent Timbers and Stevedoring

Independent Timbers and Stevedoring (IT&S)

IT&S is a registered PNG company jointly owned by IT&S USA Inc. – a Delaware USA registered company (12 million shares); Hilo Investments Pty Ltd- A Queensland, Australia registered company (7 million shares); and Paul and Winifred Japhlom – PNG nationals (200 shares); Directors – Australians Michael Raymond Purcel, Paul Alexander Soden, Neville John Harsley, Cliford Ian Frazer and Papua New Guineans Paul and Winifred Japhlom and Kapa Kei Vuatha (Source: Up for Grabs report by Greenpeace, 2012)