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FNPF Tops Category At Report Awards

Fiji National Provident Fund has won the Category A Awards in The South Pacific Stock Exchange (SPSE) Annual Report competition awards night on Tuesday. Category A Awards were for statutory
24 Nov 2016 11:00
FNPF Tops Category At Report Awards
Standing from left with awards: Fiji Ports Corporation Limited manager finance Kirtan Lal, Reserve Bank of Fiji chief manager risk management and communications Lorraine Seeto, Fiji National Provident Fund general manager prime services Tevita Nagataleka, University of the South Pacific marketing manager Jenies Mudiliar, South Pacific Stock Exchange chief executive Latileta Qoro, Fiji Red Cross Society financial controller Raziya Saiyed and Fiji Sports Commission executive chairman Peter Mazey. Sitting from left: Ernest and Young Associates senior manager audit and advisory Von Tuinamuana, South Pacific Stock Exchange chairperson Nur Bano Ali, KPMG partner Renu Chand, Aliz Pacific partner Sunil Sharma and Office of the Auditor-General acting manager audit Mosese Kanisewe. Photo: JONE LUVENITOGA

Fiji National Provident Fund has won the Category A Awards in The South Pacific Stock Exchange (SPSE) Annual Report competition awards night on Tuesday.

Category A Awards were for statutory authorities, government bodies and unlisted trusts.

The first runner-up for the category award were Reserve Bank of Fiji and Fiji Ports Corporation Limited and South Pacific Stock Exchange took the second runner up prize.

Speaking at the event SPSE chief executive Latileta Qoro said they were working towards improving the awards in the coming years.

“When it comes to development at which this award sits under, we are in the business of revamping, adding value as we go along,” Ms Qoro said.

She said come next year, the awards night would also be organised in a bigger way and the name would be decided in due course, but basically it would be a stock markets awards night.

She added the awards also encourage businesses.

“It is to encourage companies to be serious about transparency and disclosure to the stakeholders which is a core corporate governance principle,” she said.

“Through these awards, we are trying to inculcate that culture in Fiji.”

A total of nine companies fall under the statutory authorities, government bodies and unlisted trusts category under the SPSE.

The nine companies include Fiji National Provident Fund, Reserve Bank of Fiji, South Pacific Stock Exchange, Nambawan Super, Nasfund Contributions Savings and Loan Society Limited, Fiji Revenue and Customs Authority, Fiji Ports Corporation, Fiji Public Trustees and Airports Fiji Limited.

EDITED BY:FARZANA NISHA
OTHER AWARDS LIST

Category B: Co-operatives, Non Profit and Charitable Organisations

A total of four companies took part under this category:

– University of the South Pacific,

– Fiji Red Cross Society,

– Fiji National Sports Commission

– Fiji Women’s Rights Movement

 

Winner: University of South Pacific

1st Runner Up: Fiji Red Cross Society

2nd Runner Up: Fiji National Sports Commission

Category C: Other Public Companies and Unit Trusts

A total of five companies took part in this category:

– Credit Corporation

– Merchant Finance

– FHL Properties

– Fiji Development Bank

– Fijian Holdings Unit Trust

Winner: Fiji Development Bank

1st Runner Up: Fijian Holdings Unit Trust

2nd Runner Up: Merchant Finance Limited

Category D: Listed Companies

A total of twelve companies took part in this Category:

– VB Holdings

– Pleass Global

– Fijian Holdings Limited (FHL)

– Fiji TV

– RB Patel Group Limited

– Paradise Beverages (Fiji) Limited

– Communications Fiji Limited

– Toyota Tsusho (South Sea) Limited

– Flour Mills of Fiji (FMF)

– Fiji Care Insurance Limited

– Amalgamated Telecom Holdings Limited

– BSP Bank PNG

Winner: Fijian Holdings Limited

1st Runner Up: Amalgamated Telecom Holdings Limited (ATH)

2nd Runner Up: Fiji TV

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