Fijian Holdings Limited (FHL) recently celebrated its 40th anniversary with a special event at the RB Convention Centre in Lami, coinciding with the Group’s Annual General Meeting for 2024. The celebration reflected on four decades of progress, honoring key stakeholders, founders, and the organization’s commitment to enhancing the involvement of iTaukei in the corporate world.
Group Chief Executive Officer Jaoji Koroi utilized the occasion to pay tribute to the pioneers who played a vital role in establishing FHL, including the late Ratu Sir Kamisese Mara and former managing director Laisenia Qarase. He emphasized the importance of remembering those who have contributed to FHL’s success and highlighted the company’s impressive achievements over the 2024 financial year, with total assets surpassing $700 million, net assets valued at $323 million, and a record profit of $70 million. Since its inception, FHL has distributed over $130 million in dividends to its shareholders.
Looking ahead, Mr. Koroi acknowledged the need for FHL to expand its focus beyond its current shareholders and to empower iTaukei resource owners through new strategies. This forward-thinking approach signals a commitment to social responsibility and inclusivity, potentially benefiting a broader community.
This anniversary not only marks a significant milestone for FHL but also sets a hopeful tone for the future as the company aims to strengthen its legacy and broaden its impact on the community. FHL’s ongoing commitment to growth and empowerment reflects a positive outlook for its stakeholders and the iTaukei people.
To summarize, FHL’s 40th anniversary was a moment of reflection on its roots, achievements, and the future, indicating a strong commitment to community empowerment and corporate responsibility.
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