The Fiji Times

$8m investment

Company opens another supermarke­t

- By REPEKA NASIKO

MARKET SNAPSHOT

STRI as at Dec 01, 2022 = 7739.25 LOCAL SHARE PRICES

Atlantic and Pac. Pack. Telecom Holdings Communicat­ions Fiji Ltd Bird Institute Ltd Insurance Ltd FMF Foods Ltd

Fiji Television Ltd Finance Ltd Kinetic Growth Fund Ltd Global Ltd Denarau Marina Ltd Pac. Green Ind. Fiji Ltd Patel Group Fiji Ltd Rice Comp. of Fiji Ltd Tsusho Sth Sea Holdings Investment­s Ltd Holdings Ltd Notes

Amal. 722

Free

FijiCare 7229 50

Kontiki 5044 Pleass

Port 1000 RB 50

Toyota

VB

Vision

Fijian

Convertibl­e

RENOWNED businessma­n Charan Jeath Singh has added another supermarke­t to his wide range of businesses with the recent addition located in Yasawa St, Lautoka, yesterday.

The $8 million CJS Supermarke­t opened to a large crowd of Sugar City residents who welcomed the new shopping complex.

Mr Singh said opening a supermarke­t in the Western Division was a long time business plan for his company.

“We are Labasa-based company and we were always looking for opportunit­ies to come to the west,” he said.

“The opportunit­y came when the building was on tender one year back so we got the building for $6m and we invested about $2m in the supermarke­t centre.

“A lot of our people were looking for us to open here and this was a very good opportunit­y for us. So now we have opened a supermarke­t in the north, one in Suva and now one in Lautoka,” he said.

He said with the new supermarke­t, employment opportunit­ies had been created for residents.

“We have close to 75 staff in this supermarke­t but we will be bringing in more people when we upgrade the second and third levels of this building.

“We are looking at putting a food court in the fourth level and once that comes into play we will recruit more people.”

He added that a Suva-based supermarke­t is also under constructi­on and is expected to open next year.

“We have complex currently under constructi­on in Nakasi and we hope to have that opened in March, next year.”

 ?? ??

Newspapers in English

Newspapers from Fiji