A prominent investment firm in Fiji, Fijian Holdings Limited (FHL), commemorated its 40th anniversary with a special gathering held at the RB Convention Centre in Lami on Thursday. The event aimed to celebrate four decades of the company’s achievements, paying tribute to its dedicated shareholders and the visionaries who transformed FHL into a platform for enhancing the involvement of iTaukei in the corporate landscape.
This milestone celebration followed the Group’s Annual General Meeting for 2024. During the event, Group CEO Jaoji Koroi highlighted the occasion as a time for shareholders to reflect on the journey of Fijian Holdings and recognize the influential figures in its establishment, such as the Great Council of Chiefs, the late Ratu Sir Kamisese Mara, and former managing director Laisenia Qarase.
Mr. Koroi also shared impactful financial results for the 2024 fiscal year, revealing that total assets have surpassed $700 million, with net assets valued at $323 million and record profits reaching $70 million. To date, FHL has disbursed over $130 million to its shareholders in dividends.
Reflecting on the achievements, Mr. Koroi noted that original shareholders would benefit significantly from their investments. He emphasized the importance of extending the company’s focus beyond its shareholder base to empower iTaukei resource owners through strategic initiatives that have been outlined.
This anniversary celebration not only honors FHL’s past but also sets a hopeful tone for its future, as the company aims to create broader opportunities for community engagement and investment in the local economy.
In summary, FHL’s 40th anniversary is a testament to the company’s enduring legacy and its commitment to fostering inclusivity within the corporate sector, illustrating a promising path forward for both the company and the communities it serves.
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