Fijian Holdings Limited (FHL) announced that it will be providing a special dividend of $2 million to its shareholders in celebration of its 40th anniversary. The group CEO, Jaoji Koroi, made this announcement during the soft launch of the company’s Ruby jubilee celebrations in Suva. The move was agreed upon by the board during a meeting, recognising it as a symbol of thanks for the shareholders’ consistent support over the years.
According to Koroi, the dividend also serves as an acknowledgement of the many individuals whose contributions have helped shape the company over the years. Rokoseru Nabalarua, the group chairman, stated that this milestone reflects FHL’s dedication to strong governance, purpose, and ongoing value creation for its shareholders.
In an interview, FHL’s founding CEO, Sitiveni Weleilakeba, praised Koroi and his team for reaching this milestone and reaffirmed the company’s chosen path as sustainable. He expressed anticipation for the company’s future, stating that the foundation has been laid for the next 40 years.
FHL, a public company listed on the South Pacific Stock Exchange, has delivered $142 million in dividends since its establishment 40 years ago. The company is set to close its shareholders registry on July 17, with the special dividend payment scheduled for July 25. Formal jubilee celebrations will also be aligned with the opening of the new FHL Tower later this year.