Fijian Holdings Limited (FHL), a prominent investment company in Fiji, commemorated its 40th anniversary with a significant event held at the RB Convention Centre in Lami on Thursday. The celebration follows the Group’s Annual General Meeting for 2024 and marks four decades of dedication to enhancing the involvement of iTaukei individuals in the corporate sector.
During the event, Group CEO Jaoji Koroi emphasized the importance of reflecting on the company’s journey over the years and honoring those who played pivotal roles in establishing FHL, including the Great Council of Chiefs and notable figures such as the late Ratu Sir Kamisese Mara and former managing director Laisenia Qarase.
Mr. Koroi shared impressive achievements from the 2024 financial year, noting that total assets have surpassed $700 million, with net assets valued at $323 million and a record profit of $70 million. To date, FHL has distributed over $130 million in dividends to its shareholders. He expressed that those who invested from the beginning are now enjoying substantial benefits from their contributions.
However, Mr. Koroi also recognized the challenge of expanding the company’s impact beyond its shareholders, urging a focus on empowering iTaukei resource owners through new strategies.
This celebration not only highlights FHL’s strong financial performance but also their commitment to fostering inclusivity and empowerment within the Fijian community, suggesting a positive outlook for both the company and its stakeholders in the years to come.
Overall, FHL’s anniversary represents not just a milestone but an opportunity to further its mission of corporate participation among indigenous communities in Fiji, showcasing its drive for sustainable growth and community empowerment.
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