Fiji Time: 7:19 AM on Monday 26 January

Fiji Times Logo

/ Front page / News

Restructure plans

Salaseini Moceiwai
Wednesday, May 14, 2014

REWA Rice Limited is working on a consolidated corporate plan aimed at elevating the rice industry to a new height.

In a recent interview in Labasa, company chairman Raj Sharma said they were working on verifying all their assets in Dreketi, Nausori and other parts of Fiji.

"Right now, we are looking at assembling all our assets to identify which ones will give us optimum returns on our investments," he said.

"This is part of our financial restructure as we work towards boosting the rice industry.

"We are trying to reposition ourselves in the market through re-branding and coming up with a corporate plan that is beneficial.

"We will work closely with the government to make this happen."

Mr Sharma said part of the plan was to change the company's name.

"We are trying to have some level of patriotism and if the need to change our brand or company name arises, we will do so through the Cabinet.

"Our plan is to have a name that has something to do with Fiji.

"These are some of the plans we have and we hope that we will reach a conclusion in a few months.

"Such a plan is all part of our efforts to revitalise the rice industry for the purpose of reducing our rice import bill," said Mr Sharma.





Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. Court acquits senior lawman
  2. Police search for missing 17-year-old girl
  3. 65kg bust
  4. Society appoints new board
  5. Benefits crackdown
  6. MPs tour Europe
  7. Homes destroyed
  8. Help us with water and TELS
  9. Exhibition draws large crowd
  10. Multi-million dollar Port Denarau project in the pipeline

Top Stories this Week

  1. Murders that shocked the world Tuesday (20 Jan)
  2. Facebook comments Tuesday (20 Jan)
  3. Soldier's death shocks family Tuesday (20 Jan)
  4. Murder suspects in custody Monday (19 Jan)
  5. Breaking the silence Wednesday (21 Jan)
  6. Call for pay rise Monday (19 Jan)
  7. Missing women Monday (19 Jan)
  8. No payout for police Wednesday (21 Jan)
  9. 'No money' in 2004 Wednesday (21 Jan)
  10. Opposition challenges PM to walk the talk Friday (23 Jan)