$15,000 For Grander SPSE Annual Awards

Award ceremonies are a celebration of talent, success and achievement. They have become a mainstay in many industries and sectors nowadays. According to South Pacific Stock Exchange (SPSE) chairperson Nur
01 Sep 2017 10:16
$15,000 For Grander SPSE Annual Awards
(L-R) South Pacific Stock Exchange ceo Krishika Narayan, SPSE chairperson Nur Bano Ali, Amalgamated Telecom Holdings Ltd representative Setareki Nasilivata, ATH ceo Ivan Fong, Vodafone representative Ronald Prasad and FINTEL representative Elizabeth Betty on the 31st of August 2017 during the cheque presentation. Photo: Monica Aguilar

Award ceremonies are a celebration of talent, success and achievement.

They have become a mainstay in many industries and sectors nowadays.

According to South Pacific Stock Exchange (SPSE) chairperson Nur Bano Ali, the stock market is no different.

For a decade, SPSE had previously been organising the Annual Report Competition (ARC) Awards.

But this year, they decided to add a little more spice to the annual event by accepting annual reports from listed and non-listed companies to compete for this year’s Annual Awards.

She said: “Holding an awards ceremony for our industry is a boundless way by the SPSE to acknowledge the people and institutions that matter to us.

“Such events go beyond rewarding quality reporting by stakeholders and have proven to elevate public awareness and will reinforce the attractiveness of the Exchange as an option for raising capital for businesses as well as a medium for savers and investors to grow their wealth.”

She added the event will be grander and industry inclusive and shall be regarded as the signature event for the entire capital market industry.

The black-tie gala awards dinner is on the 6th of October at the Grand Pacific Hotel.

Amalgamated Telecom Holdings Limited together with its subsidiaries, Vodafone Fiji Limited, Telecom Fiji Limited and Fiji International Telecommunications Limited, had joined hands with SPSE as the major sponsors for the event.

“The title ‘Award winning’ carries connotations of a reputation and expertise- something that is priceless in any line of work,” said Ms Ali.

ATH chief executive officer Ivan Fong said, “Being the largest listed company by market capitalisation; we are supporting the event as the major sponsor because the SPSE Awards provides an ideal platform to increase public awareness and development of the capital markets in Fiji.”

SPSE chief executive officer Krishika Narayan said the main objective of the revamped event is two-fold; first, through the Annual Report Awards category, they intend to create a culture of quality disclosure and promote continuous  improvement in reporting by entities.

As for the Grand Awards category, the focus is to motivate, appreciate, congratulate and acknowledge the outstanding contribution of the key stakeholders towards the development of the overall capital market.

A panel of industry experts with substantial experience in a broad range of areas such as accounting, auditing, tax, legal and consulting activities will judge the Annual Report Awards category.

Other corporate sponsors: Reserve Bank of Fiji, Toyota Tsusho (South Sea) Limited, Fijian Holdings Limited, Free Bird Institute Limited, Vision Investments Limited, Jack’s of Fiji Group of Companies Limited, HFC Bank, Paradise Beverages (Fiji) Limited, FMF Foods Limited, FijiCare Insurance Limited, Pleass Global Limited and Positive Space (Fiji) Limited.

A corporate table of eight will cost $800 while individual tickets costs $125. Tickets can be purchased from the SPSE office.

2017 SPSE Annual awards categories:

Annual Report Awards:

aims to consider, assess, evaluate and reward Annual Reports for both listed and  unlisted companies

Grand Awards:

will be focused on recognising and rewarding the outstanding contribution of industry participants such as stockbrokers, listed companies, investment advisors, institutional investors and retail investors

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