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QUESTION

Fijian Holdings Ltd is a public company listed on the SPSA. SPSA listing rules require:

Fijian Holdings Ltd is a public company listed on the SPSA.

SPSA listing rules require:

'6.4 A company shall immediately disclose to the SPSE any information about the company or about events or conditions in the market for the listed securities in either of the following circumstances:

i. where the information is likely to have a significant effect on the price of the listed securities;

ii. where such information is likely to be considered important by a reasonable investor in making an investment decision.'

Appearing immediately below this forum is a market announcement by FHL dated 13/6/12.

Read the market announcement and then post on the following question:

How would you rate the announcement? Does it raise more questions than it answers?

Link to the article: https://elearn.usp.ac.fj/pluginfile.php/277927/mod_resource/content/2/FHL%20Market%20Announcement.pdf

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