Dividends Declared for Fijian Holdings Managed Funds

In a press release issued today, FHL announced the interim dividend declared by Fijian Holdings Unit Trust and Fijian Holdings Property Trust Fund. The two Funds are managed by Fijian Holdings Trust Management Limited, which is a wholly owned subsidiary of FHL. 

Fijian Holdings Unit Trust (FHUT)
FHUT declared an interim dividend of FJD 0.0134 per unit for the period ended 31 December 2011. A total of $706,396 was paid as interim dividend to all eligible unit holders on 31 January 2012. The investment portfolio of the Fund as at 31 December 2011 totalled $35.25 million and comprises of locally listed and unlisted company stocks, term deposits and Government guaranteed bonds.
FHUT has consistently maintained its interim dividend payout rate from past years which is a positive result in view of the prevailing economic conditions and current investment climate. 

Fijian Holdings Property Trust Fund (FHPT)
Fijian Holdings Property Trust Fund declared an interim dividend of FJD 0.015 per unit. FHPT is pleased to maintain 100% occupancy level in a depressed property market environment. A total of $167,866 was paid to all eligible unit holders on 31 January 2012. 

FHTML would like to thank all its unit holders for their continued confidence in Fijian Holding Unit Trust and Fijian Holdings Property Trust Fund. The 2012 financial year is a challenging year for the two Funds; however FHTML strives to provide a competitive return under the current investment climate. 

END



Director – FHL Company Secretary
Dated 2 February 2012
 
For more information, please contact: Elenoa Lalabalavu – Investor Relations Officer
Phone: (679) 3305017
Email: info@fijianholdings.com.fj