Fiji Times Logo

Fiji Time: 9:28 PM on Saturday 23 August

/ Front page / News

YPCL makes record dividend payment

By GERALDINE PANAPASA
Wednesday, May 28, 2014

Update: 4:15PM THE Yaqara Pastoral Company Limited presented government with a $3.3million dividend payment this afternoon in Suva.

YPCL board director Simon Cole said the dividend payment was for the years 2011 and 2012 and represented 100 per cent of the companys net profit after tax.

Minister for Public Enterprises Aiyaz Sayed-Khaiyum said this was the largest payout by YPCL.

The company is paying more than $4.3million in total dividends to government, the first payment was made today while the second payment of more than $1.04m would be made in July.


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. It was not us, says headman
  2. 2 die in highway accident
  3. A-G in, Urai out
  4. 14 years in jail for rape
  5. Family assured of justice
  6. Attack on 3 buses
  7. Criminal inquiry
  8. Draw D-day
  9. 58pc in favour of a secular state
  10. Pastor reaches out to parents

Top Stories this Week

  1. Dad's cry for justice Friday (22 Aug)
  2. The murder which shocked the nation Tuesday (19 Aug)
  3. Bag full of cash Monday (18 Aug)
  4. 12 go out Wednesday (20 Aug)
  5. Inquiry into video Wednesday (20 Aug)
  6. Why the GCC Monday (18 Aug)
  7. Chaudhry files 42 nominations for election Tuesday (19 Aug)
  8. State audit Tuesday (19 Aug)
  9. Robbery suspect dies in hospital Thursday (21 Aug)
  10. Love, a new revelation Thursday (21 Aug)