First batch of certificates for EFL non-voting shares to be issued soon
June 16, 2018 6:51 pm
*The first batch of certificates for Energy Fiji Limited non-voting shares is expected to be issued next week.
Around forty thousand Fijians applied to take up the offer and register for the free non-voting shares of EFL.
A parcel of one hundred and fifty shares is being offered to all non-subsidized EFL domestic account customers while a parcel of two hundred and fifty shares is being offered to all subsidized domestic customers.
Chief Executive, Hasmukh Patel says they’ve had a very good response.
Patel says the process is coming to an end in terms of verification.
“The verification, we now know the likely account holders who qualify because there were certain conditions you got to be Fiji citizens and residing in Fiji so all I am saying is that the verification process is coming towards an end and we have identified so many shareholders now but the first batch of shareholders will soon be getting their certificates.”
The deadline for share registrations closed on Tuesday however those who qualify can still apply.