Fijian Holdings Limited (FHL) recently celebrated its 40th anniversary, commemorating the dedication and trust shared by its shareholders throughout the years. The Group’s CEO, Jaoji Koroi, announced that the value of shares has increased ninefold, significantly benefiting iTaukei resource owners and affirming the value of Fijians’ investments.
Koroi emphasized that this remarkable growth highlights FHL’s commitment to empowering local resource owners while contributing positively to the financial welfare of Fijian investors. Several shareholders were recognized with awards for their contributions to the company, reflecting their growth and commitment to FHL’s vision.
Furthermore, Koroi revealed that FHL has surpassed $700 million in total assets, achieving a profit of $70 million as of June this year. The company was founded to encourage iTaukei participation in the economy and increase their involvement in areas traditionally controlled by foreign entities.
Today, FHL boasts a diverse portfolio that spans various sectors, including finance, tourism, retail, and media, making it one of the most influential investment companies in Fiji. On this milestone anniversary, the board members reaffirmed how FHL has remained dedicated to its core mission, effectively balancing profitability with active community engagement and social responsibility.
Koroi added that FHL’s focus on empowering resource owners aligns with Fiji’s national economic objectives, presenting a unique model for inclusive growth in the Pacific region.
As FHL looks towards the future, it remains committed to fostering collaboration and social responsibility, which offers a promising outlook for continued success and prosperity in Fiji’s investment landscape.
This anniversary not only marks past achievements but also positions FHL as a pillar of economic growth and community empowerment, inspiring hope for continued development and inclusivity in the region.
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