SUNBIZ

Suspension Lifted For Future Forests Fiji Limited

The suspension of trading in Future Forests (Fiji) Limited (FFF) shares and notes has been lifted with immediate effect consequent to the company releasing its audited financial statements to the
09 Oct 2015 09:08
Suspension Lifted For Future Forests Fiji Limited

The suspension of trading in Future Forests (Fiji) Limited (FFF) shares and notes has been lifted with immediate effect consequent to the company releasing its audited financial statements to the market yesterday morning.

Trading of FFF shares and notes were suspended on Friday, 2nd October 2015 due to a delay by FFF in releasing its audited financial statements to the market within 3 months from the end of its financial period.

The company had faced certain delays in finalising its plantation valuation and the audit for the 30 June 2015 financial year.

SPSE Chief Executive Officer, Ms Latileta Qoro said “The Exchange acknowledges the efforts of the FFF Board in addressing this compliance issue in a timely manner.

“The Exchange, in the interest of ensuring timely disclosure of material information to all shareholders and potential investors shall work closely with FFF to ensure that delays as such are not repeated hereafter.

“The two FFF securities, shares and convertible notes, can be traded from the normal trading session today, 8th October 2015.”

 



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