Fiji Time: 6:32 PM on Sunday 23 July

Fiji Times Logo

/ Front page / Business

Stock investor awareness initiative

Spse
Saturday, May 20, 2017

Greetings from SPSE!

To all our subscribers/readers/followers and investors, as part of our ongoing investor awareness initiative, the SPSE this week publishes a STOCK MARKET NEWS FLASH in line with the key dividend announcements released and share price increases noted in some of the SPSE listed companies.

This week's report is for the information of our stakeholders who are shareholders in these listed companies and also for the prospective investors who are considering investing into Fiji's stock market.

Divident announcements

Toyota Tsusho (South Sea) Ltd (TTS), FijiCare Insurance Ltd (FIL) and Pleass Global Ltd (PBP) were the three listed companies declaring dividends this week.

TTS — declared an increased dividend of $0.40 per share to its shareholders.

According to the TTS market announcement, the higher dividend payout is in line with the improved trading results for the 2016 financial year compared with the previous financial year results (audited results are expected to be released to the market before June end);

FIL — declared a final dividend of $0.04 per share during its annual general meeting (AGM) earlier this week.

Moreover, in line with prior practice, shareholders have the option to either take a cash dividend (default option) or to reinvest their dividend amount into additional FIL shares at a price of $0.68 per share (if you wish to reinvest your dividends, please contact FIL); and PBP — also held their AGM earlier this week and declared a final dividend of $0.02 per share.

The dividend is consistent with the prior year's dividend payment.

Price gainers

Among the price gainers for this week were; Amalgamated Telecom Holdings Ltd (ATH), Paradise Beverages (Fiji) Ltd (PBF), RB Patel Group Ltd (RBG), Toyota Tsusho (South Sea) Ltd (TTS), Fijian Holdings Ltd (FHL) and BSP Convertible Notes Ltd (BCN)

Corporate awareness sessions

If you wish to have our team present to your staff on investment options in Fiji's stock market, contact us on 3304 130 or email pretesh@spse.com.fj;

DISCLAIMER: The information presented above is for information purposes only and should not be construed as investment advice. You are entitled to seek professional investment advice before proceeding with investments.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.63190.6129
JPY 56.703853.7038
GBP 0.38510.3771
EUR 0.43100.4190
NZD 0.68430.6513
AUD 0.63360.6086
USD 0.50330.4863

from

$0.00

Exchange Rate updated on 21st, July, 2017

Today's Most Read Stories

  1. Police detain chief
  2. Ovalau school makes Deans rugby finals
  3. Village has own brand
  4. West festival raises awareness on climate change
  5. Travel is a struggle
  6. Improve skills and accuracy
  7. Faith-based impact
  8. Ministry awaits full results of WHO probe
  9. Rehabilitation works finish
  10. Climate threat not new

Top Stories this Week

  1. Cane field murder Tuesday (18 Jul)
  2. Body of baby found in Nabua Wednesday (19 Jul)
  3. No threat, says RFMF Monday (17 Jul)
  4. Journals from the UK Friday (21 Jul)
  5. Former soldier seeks forgiveness Tuesday (18 Jul)
  6. Mother and children perish in fire Thursday (20 Jul)
  7. Space to share Thursday (20 Jul)
  8. $30m absence Monday (17 Jul)
  9. Baber hunts for speedsters Friday (21 Jul)
  10. Radradra in for RLWC Tuesday (18 Jul)