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FNFP buys 49 pc shares in Vodafone Fiji

By GERALDINE PANAPASA
Tuesday, July 01, 2014

Update: 4:40PM THE Fiji National Provident Fund has purchased Vodafones entire 49 per cent stake in Vodafone Fiji Limited, taking its direct and indirect ownership to 79 per cent.

FNPF CEO Aisake Taito said the investment was part of FNPF's move to diversify its investment portfolio.

He said the purchase would allow FNPF members to directly realise the benefits from Vodafone Fiji Limited's strong financial performance through a higher dividend share.