News

FHL interested in dairy business

July 13, 2016 6:11 pm

Fijian Holdings Limited is interested in the dairy sector.

Group Chief Executive Nouzab Fareed says they are working with an Israeli company, a local company and Fiji Dairy to assess what business opportunities may be available.

Fareed says Fijian Holdings has a strong interest in the dairy business.

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Board Chair Iowane Naiveli says FHL is always ready to expand its portfolio.

“At the end of the day it’s our shareholders and profitability cause we are here to make sure the corporate entity continues to survive what we call the growing concern that they continue into the future creating employment, increasing profits and increasing dividends to the shareholders.”

FHL shareholders include provincial councils, the iTaukei Land Trust Board, the iTaukei Affairs Board, tikinas and village groups, iTaukei co-operatives, individuals and family companies.