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2008 ANNUAL REPORT

45% Super saver on Air Niugini for RSA Members

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33 out of 64 houses built at Malolo Estate have already been chosen by members who are now working on arranging their finances to complete purchase. The remaining houses are being shown to other members whose Expression of Interest applications were screened and approved by this year 2009.

More houses will be built soon in the same area. Details on those new houses will be published in due course. For more information, contact Ian Taukuro on telephone: 309 5241 or email: iant@nsl.com.pg

Malolo Estate
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Investments

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Nambawan Super is committed to building value and maintaining the highest level of benefits and quality of service for our members. At Nambawan Super our aim is to protect and maximise your superannuation benefits through prudent investment management.
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June 2009

"2008 INTEREST RATE"

  • After tax profit for the year - K150.4 million, down from the record after tax profit reported in 2007.
  • Net asset grew by 15.8% in 2008 which represents an increase of K361m from K2.261 billion to K2.622 billion (size of NSL Fund in asset value).
  • Member accounts including accounts of retired members under the Retirement Savings Account (RSA) will be credited with an interest of 11.5 %

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