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The Fiji Times » $135k dividend payout to shareholders

Abishek Chand Pleass Global Limited, Pleass Global Ltd. Pleass Global Ltd (PBP), has quoted an additional 39,481 shares at $2.71 per share on the South Pacific Stock Exchange (SPX) trading platform during pre-open session on Friday, April 23, 2021 through its dividend reinvestment plan (DRIP). This was announced by the SPX as PBP declared a dividend of $0.02 per share on March 23 2021 which amounted to a total dividend pay out of $135,252. Of this amount, SPX stated $28,258 was paid out in cash dividends while the remaining dividend amount of $106,994 was reinvested into additional shares. This DRIP was also said to be administered by PBP’s share registry service provider, Central Share Registry Pte Ltd (CSRL).

The Fiji Times » FHL Group notes drop in net assets and revenue; associate companies offset losses

Timoci Vula The Ra Marama House. Picture: SUPPLIED/FT FILE The global COVID-19 pandemic has had catastrophic effect on the performance of subsidiaries of Fijian Holdings Limited (FHL) Group, with the half yearly report as at December last year noting a 34 per cent drop in revenue. Total revenue recorded for six months was $119.09m compared to $179.47m for the same period reported in the prior year. In its review released by the South Pacific Stock Exchange (SPX) today, FHL announced that the Group total net assets $288.66m as at December 31, 2020; compared to $290.40m as at June 2020. The company said the present half year report incorporated effects of COVID-19, which was not present in the six months’ accounts for the period ended December 31, 2019.

Private sector progress in women s leadership in the Pacific

The UN theme for International Women’s Day 2021 is “Women in leadership: Achieving an equal future in a COVID-19 world” – a celebration of global progress towards women’s equal representation in leadership positions. For the Pacific, discussion of women’s leadership has focused on women’s political representation, which at just 7% is among the lowest in the world. But data collection for a new research project suggests a brighter picture for the private sector, where the region is making crucial progress towards equal representation. Preliminary data, collected as part of an ongoing study into Pacific women’s leadership in business by the Asian Development Banks’s Pacific Private Sector Development Initiative, finds the Pacific compares favourably with global averages across many measures of leadership. The study measures women’s representation on boards and senior management positions in over 200 Pacific private sector organisations.

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