FHL is a major player in the Building & Construction industry through its subsidiaries, Basic Industries, Standard Concrete, Humes Industries and Pacific Cement. While holding approximately 6.5% of the Portfolio to date, this sectors provides Fiji and the Pacific with cement, ready-mix concrete, aggregates, pre-cast concrete, and blocks to name a few of our products.
FHL is proud to be a major player in the tourism industry in Fiji through its subsidiaries, South Sea Cruises and Blue Lagoon Cruises. These investments make up approximately 10.9% of the Portfolio to date and provides FHL with a solid platform to further expand its reach in the future.
FHL is proud to support the financial market in Fiji through its subsidiaries, Merchant Finance, Fijian Holdings Unit Trust, FHL Stockbrokers, FHL Fund Management Ltd. These investments make up approximately 10.8% of the Portfolio to date and continues to grow especially with Merchant Finance slogan “Talk to Us First” and Fijian Holdings Unit Trust slogan “While I Live, I Grow”.
FHL is a major player in the Manufacturing industry in Fiji through its subsidiary, Pacific Cement and associate company, Golden Manufacturing Limited. With both being a largest suppliers of cement and corrugated boxes, these investments make up approximately 4.5% of the Portfolio to date.
FHL is a major player in the Property industry in Fiji through its subsidiary, FHL Properties Limited. While holding approximately 8.2% of the Portfolio to date, this sector provides property management services, real estate services and property development. FHL looks forward to making another investment into this sector through it FHL Towers Project a 14 storey commercial complex in Suva.
Serendib Investment Pte Ltd (SIL) started its operation on 18 January 2019, acquiring the assets from the Government for a consideration of $6 million. FHL went into the venture with 75% shareholding and shared the balance of 25% with its technical partners “Aitken Spence Limited” a blue chip company out of Sri Lanka. This investment make up approximately 0.9% of the Portfolio to date.
Who can Invest in FHL?
You need to bring your I Vola ni kawa bula extract which can be obtained from the Native Lands Commission’s office located at the Bose Levu Vakaturaga Complex, 84 Queen Elizabeth Drive, Nasese, Suva, Fiji.
The Financial Year ending June 2021probably marked the most difficult period in FHL’s 37-year history, as the global economy went in recession following the impact of the COVID-19 pandemic. The closure of international borders had a direct impact on Fiji’s tourism sector which accounts for 40% of the domestic economy. This, together with restrictions to domestic travel and lockdowns devastated the Fiji’s economy, which fell by close to 20% over 2020 and 2021.