Monday, July 6, 2009

Fiji’s stock exchange under siege


The decision by the military regime to step in and to take-over operations at Fijian Holdings Limited, a public company listed on Fiji’s stock exchange, is affecting their stock exchange credibility ratings.
Fiji’s stock exchange independence and integrity is now in question with the regime disregarding the stock exchange strict guidelines on how listed companies should conduct itself for the sake of their public shareholders.
Again we say, Fiji’s South Pacific Stock Exchange should move fast and suspend FHL from trading as they are obviously contaminating the stock exchange.

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