SUNBIZ

FHL Says No Confirmation On Buying Government Printer

  Fijians Holdings Limited has indicated it has not received any formal confirmation for being selected for the sale of Government Printer. This statement came after the Attorney-General and Minister
13 Jul 2016 10:31
FHL Says No Confirmation On Buying Government Printer
Attorney-General Aiyaz Sayed-Khaiyum.

 

Fijians Holdings Limited has indicated it has not received any formal confirmation for being selected for the sale of Government Printer.

This statement came after the Attorney-General and Minister for Economy, Aiyaz Sayed-Khaiyum, revealed that FHL has come out as lead applicant to buy the business at Vatuwaqa.

FHL has however indicated it is pleased to note that they are one of the top contenders for the sale of Government Printer.

FHL confirmed it has submitted a bid for the acquisition of the Government Printer with an International partner following the Expressions of Interest published by the Ministry of Public Enterprise.

It said it is still a long way to go before the deal is finalised as certain technical aspects needs to be considered and discussed with the Ministry.

“FHL at this stage hasn’t received any formal confirmation for being selected for the project,” it said.

“But we are confident that we will be able to make the priority list for the proposed proposal to acquire the Government Printer.”

 

Government stance

Mr Sayed-Khaiyum had stressed they hoped to seal the deal for the sale very soon and discussions were continuing.

However, he said the deal could only be sealed if FHL was willing to invest in upgrading the infrastructure and technology of Government Printery.

“There is a lot of potential in printing and as it is, many of printing for banners are done offshore,” he said.


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