$1.5m dividend

MARKET SNAPSHOT

STRI as at Oct 06 , 2022 = 7396.66 LOCAL SHARE PRICES

Atlantic and Pac. Pack. Telecom Holdings Fiji Ltd Bird Institute Ltd Insurance Ltd Foods Ltd Television Ltd Finance Ltd Growth Fund Ltd Global Ltd Denarau Marina Ltd Green Ind. Fiji Ltd Patel Group Fiji Ltd Comp. of Fiji Ltd Tsusho Sth Sea Holdings Investments Ltd Holdings Ltd Convertible Notes

MORE than 1700 Fijian Holdings Ltd (FHL) shareholders will receive their dividends on November 8 after the company declared to pay $1.5 million as interim dividend.

This dividend payout will see the shareholders receiving a dividend rate of $0.005 per share.

In a market announcement from the company through the South Pacific Stock Exchange

Amal. Communications Free FijiCare FMF Fiji Kontiki Kinetic Pleass Port Pac. RB Rice Toyota VB Vision Fijian -

(SPX) FHL Group acting chairman Yogesh Karan said the results for the financial year ending June 2022 showed some recovery from the catastrophic impacts of COVID-19.

Mr Karan said the strategies implemented by the Board and Management of the respective companies were also showing positive results and should be the platform for sustainable growth in future.

He said the FHL Group was in the recovery phase of its three-year strategic plan – focusing on rebuilding back stronger and correcting its investment portfolio for a sustainable growth, adding that retail and finance remained the core performing sectors of the Group.

The market announcement also stated that the FHL Group’s forecast for financial year-end was positive based on the current economic activities especially in the tourism front. It said the macro-economic indicators also show good growth trend for business activities.