In a statement issued today, Fijian Holdings Limited Managing Director, Sereana Qoro said “Although we are disappointed that the trading of FHL shares was suspended, we are pleased that the suspension was removed on the same day”

She added that FHL was required by SPSE to provide a written confirmation on issues relating to the corporate governance audit which could only be made through a written response from the office of the Acting Minister for Indigenous Affairs who is the Prime Minister.

Mrs Qoro said “FHL responses took a while because there were critical governance issues which needed to be observed and considered going forward. At the end of the day, FHL is satisfied that the institution and the principles of good governance have been upheld”

On a more positive note, Mrs Qoro said that Fijian Holdings Ltd was pleased to announce that the full deposit amount of $25,002,979 has been received from BP SWP Ltd. FHL is now in a much stronger position than ever before, now that it is a 100% debt free company with a net worth of over $151 million.

Mrs Qoro added that as an investment company, Fijian Holdings will continue to look into lucrative investment options for the benefit of the shareholders. 


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