Fijian Holdings Ltd suspends trading voluntarily for Two days

February 14, 2017

SUVA, 14 FEBRUARY 2017 (FIJI TIMES) –Trading of Fijian Holdings Ltd shares have been suspended for two days to ensure that shareholders and the investors get sufficient time to understand the outcome of the FHL special general meeting that was held last week.

 SPSE chief executive officer Latileta Qoro said during the period of trading suspension, the exchange would be available to meet and address any queries that FHL shareholders and potential FHL investors may have.

 The request for trading suspension for two days was made by FHL to also give shareholders and potential investors time to make relevant enquiries and get any clarifications they may require from SPSE and licensed stock brokers prior to making any investment decisions.

 Qoro said the suspension of trading was effective immediately and shall be lifted before the 10.30am trading session of Thursday, February 16, 2017.

 She said the voluntary suspension was made in accordance with Section 7.6 of the SPSE Listing Rules which allows for SPSE and a listed company to apply voluntary suspension in the trading of listed company shares where both parties agree that this mechanism is required to protect the interest of shareholders and to maintain an orderly market.

 The licensed broker representatives will not be able to execute FHL orders on the Electronic Trading Platform until the voluntary suspension is lifted.

 FHL shareholders are encouraged to contact SPSE on 3304130 and/or visit the SPSE Office located at Level 2, Provident Plaza 1, 33 Ellery St, Suva for further information if required regarding this matter…..PACNEWS


Share this:       

More News

PIPSO signs MOU with PT&I China

PIPSO signs MOU with PT&I China

Share this:       


Get the latest Pacific Private Sector and Business news monthly in your inbox