The South Pacific Stock Exchange (SPX) held a successful 2025 SPX Annual Awards last week, marking an important gathering for leaders across Fiji’s business community, government, and capital markets. This event revitalized the Awards after a five-year hiatus, celebrating notable accomplishments in corporate reporting and market development.
SPX chairperson Nitin Gandhi emphasized that the Awards function as more than just a recognition platform. “They are a catalyst for lifting corporate reporting standards across Fiji,” he noted, commending organizations that demonstrate clarity, transparency, and purpose in their reporting. This year’s ceremony highlighted entities excelling in both financial and non-financial reporting, with competition reflecting a growing commitment among organizations to uphold high-quality reporting practices.
The Minister for Finance, Esrom Immanuel, officiating at the event, praised SPX for bringing back the Awards and underscored the vital role capital markets play in bolstering investor confidence and supporting the nation’s economic goals.
Among the notable winners, Pleass Global Limited received the Annual Report of the Year award for listed companies, while Fiji Ports Corporation Limited took home the equivalent honor for unlisted companies. A historic moment at the event was the inaugural SPX Lifetime Achievement Award for Capital Market Development, awarded to FMF Group Ltd founder Hari Punja, recognizing his significant contributions to Fiji’s capital markets.
Several other organizations were acknowledged for excellence in corporate reporting, including:
– **Stockbroker Firm Awards**:
– Trading Value: FHL Stockbrokers Limited
– Trading Volume: Kontiki Stockbroking Limited
– New Investor Growth: Fiji Stockbrokers Limited
– **Capital Raising Facilitation Award**: BDO
– **Innovative Investor Relations Initiative**: Sun Insurance Company Limited
In terms of Best Practice Awards, Fiji Development Bank excelled in Gender Reporting, while Fiji Ports Corporation Limited was recognized for its Environmental, Social, and Governance (ESG) coverage.
The selection committee, chaired by SPX director Lorraine Seeto, included Dr. Rup Singh from the University of the South Pacific and FICA council member Reshma Chand. The ceremony was supported by various sponsors, including Gold Sponsors Reserve Bank of Fiji and FMF Foods Limited, as well as Silver and Bronze sponsors who contributed to the event’s success.
The 2025 SPX Annual Awards not only celebrated past achievements but also set the stage for continued improvements in corporate reporting and investment practices, fostering a bright future for Fiji’s capital markets.
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