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Article#0011        Date: 2 December 2006             Country: Fiji

AGM, banknote launch called off
Saturday, December 02, 2006
From: Fiji Times

FIJI Television Limited's 2006 annual general meeting for shareholders was postponed yesterday due to the current political uncertainty.

In a statement, Fiji TV's chief executive officer Mesake Nawari said the meeting, which was to be held at the Tanoa Plaza in Suva yesterday, had been moved to a later date.

"We are exercising caution at this stage, as we do not know how the events will turn out between the Government and the Fiji Military Forces after the 12 noon deadline today (yesterday)," said Mr Nawari.

He said the new date for the AGM would be released to the South Pacific Stock Exchange and all shareholders once the situation in the country calms down.

Meanwhile, the Reserve Bank of Fiji cancelled the launch of the new design currency notes featuring the new $100 banknote.

The launch was expected to take place yesterday at the RBF, with the Prime Minister Laisenia Qarase doing the honours.

A statement from the bank said the launch has been cancelled due to the current situation.

Original Article: http://www.fijitimes.com/story.aspx?id=52746

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Page created:     10 December 2006
Last Update:      10 December 2006

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