Managing Director

The investiture to honor His Majesty, King Tupou VI ten years of accession to the throne, was staged at the Royal Palace in Nuku’alofa.

He has been recognized for his contributions to Tonga.

Minoru, who is of Japanese lineage, said it was “a humbling experience for the family”.

“This is a reflection of the hard work and persistence that started with my father, Minoru Sr, and the support of farmers, family, friends and business associates throughout the years”.

Oil Search Limited reported a net profit after tax for the first half of the year, at US$79 million; that over K260 million.

Managing Director Peter Botten said the half year results was credible achievement considering the challenges of the February earthquake in the vicinity of the company operations in the Highlands region.

“The first results were the most challenging in Oil Search operation history because of the earthquake. Given that US$79.2 million profit was made in the first half represents credible achievement.”