We say – FHL and South Pacific Stock Exchange owe it to the public, in particular, FHL shareholders to explain in detail what the investigation was all about and its findings. Again, FHL is a publicly listed company demanding that all major issues which could adversely affect shareholders interest must be made public and transparently by FHL and SPSE.
Loss of millions in FHL must not be taken lightly.
All relevant authorities including CMDA and SPSE have fiduciary duties which they will one day be answerable for.
Will they be able to tell FHL shareholders the truth where their millions have been spent?
They can’t claim they weren’t told about FHL’s disaster ready to happen.
Read FHL’s latest statement here http://www.spse.com.fj/publish/_comp_announce.shtml#4057