JV signing, 1st November 2024, from left, EKHL Board Chairman and Foroba Tribe Leader Mr. Eric Koinau, Agile Group CEO Ms. Roslyn Koisen.
The joint venture (JV) between Agile Group Ltd and East Kikori Holdings Ltd (EKHL) is a strategic collaboration aimed at fostering business development and creating opportunities for local landowners in the LNG project areas of East Kikori in the Gulf Province of Papua New Guinea. EKHL represents the Foroba Tribe, a key tribe within the Triceratops PRL 39 and PPL 475 licenses. As a beneficiary of both the Papua LNG and PNG LNG projects, the Foroba Tribe plays a significant role in the region’s energy sector.
This partnership leverages Agile Group’s expertise alongside EKHL's local knowledge and resources, creating opportunities for sustainable growth and long-term development in the region. The JV is committed to generating positive outcomes for both stakeholders and the local community, driving prosperity and supporting the ongoing success of Papua New Guinea's LNG projects impacting the East Kikori District while ensuring the Foroba Tribe’s continued involvement and benefits from these major energy initiatives.
Agile Group Ltd acquired a 50% shareholding in Media Partners Limited, a leading media and marketing company, in December 2022. This strategic investment strengthens Agile Group’s portfolio, enhancing its ability to offer comprehensive media and marketing solutions. The acquisition marks a significant step in Agile’s expansion, creating new opportunities for growth and collaboration across diverse industries while driving innovation and excellence in the media sector.