The Fijian Holdings Limited Group – has approved the addition of 20 million B Class shares, to be listed on the South Pacific Stock Exchange.
During the process, all necessary regulatory approvals have been obtained for the listing of additional shares, and the listing is in accordance with the company’s Annual General Meeting resolution – that was passed by the shareholders on the 27th of November.
FHL currently holds 10 million 464 thousand 6 hundred and 50 shares – that are already listed on the SPSE.
The additional 20 million shares will increase FHL’s listed shares to – 30 million 464 thousand and 6 hundred and 50 ordinary shares, which will be ranked Pari passu.
FHL has also submitted an application for the “Splitting” of FHL shares – that is currently awaiting the approval of the regulators.