CONTINGENT LIABILITIES

Annual-Report-2015-50_03

In the opinion of the directors, no loss is anticipated in respect of the above contingent liabilities.

The company has provided letters of support to four of its subsidiaries, South Sea Cruises Limited, Basic Industries (PNG) Limited, Fiji Television Limited and FHL Logistics Limited, undertaking that in the next 12 months it will provide sufficient financial assistance as and when it is needed to enable the subsidiaries to continue operations and meet their financial obligations.

FHL News Letter – March 2021

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