Page 39 - IB AUG 2018
P. 39

Business Intelligence - PacIFIc

        Samoa cable debt
        APIA, Samoa -  The debt owed by the gov-
        ernment to its counterpart in American Sa-
        moa for the American Samoa Hawaii Cable       SOUTH PACIFIC STOCK EXCHANGE (SPSE) MARKET U[DATE
        (ASH) contract that was signed in 2009                                            Year To Date 15 August 2018
        remains unknown with officials refusing   Company
        to divulge more information. Prime Min-                  Share Price  Share Price  Gain/Loss   No. of  Volume   Value
        ister Tuilaepa Sa’ilele Malielegaoi recently            (15/08/2018) (15/07/2018)  (%)  Trades  Traded  Traded
        said the government stepped in to assist   Atlantic & Pacific
        Computer Services Limited (CSL) – which   Packaging Company Ltd (APP)   1.30   1.22   6.56%   5   22,150   26,328
        is owned by the state – and paid off its   Amalgamated Telecom
        debts to ASH, but did not give details on   Holdings Ltd (ATH)   3.01   2.85   5.61%   97   140,838   334,782
                                            Communications Fiji Ltd (CFL)
                                                                                 1.04%
                                                                  4.87
                                                                          4.82
                                                                                         19
                                                                                              17,880
                                                                                                       86,144
        how much public funds were expended in   Free Bird Institute Ltd (FBL)   2.90   2.90   0.00%   21   104,137   283,824
        the transaction.                    Future Forests Fiji Ltd (FFF)   0.79   0.79   0.00%     NO TRADES
                                            FijiCare Insurance Ltd (FIL)   1.20   1.20   0.00%   10   6,186,961   6,809,019
        New  $10m boost                     FMF Foods Ltd (FMF)   1.45    1.36   6.62%   11   247,075   329,861
        NORO, Solomon Islands - IFC, a member   Fiji Television Ltd (FTV)   2.38   2.38   0.00%   40   112,500   248,992
        of the World Bank Group, and the private   Kontiki Finance Limited (KFL)   1.22   1.24   -1.61%   108   1,096,512   1,308,024
                                                                  0.87
                                                                          0.85
                                                                                                      672,132
                                                                                          8
        sector window of the Global Agriculture   Kinetic Growth Fund Ltd (KGF)   12.90   12.90   2.35%   31   1,083,037   1,147,879
                                                                                 0.00%
                                            Paradise Beverages Fiji Ltd (PBF)
                                                                                              88,379
        and Food Security Programme (GAFSP)   Pleass Global Ltd (PBP)   2.28   2.28   0.00%   8   10,900   23,713
        have moved to further boost support for   Pacific Green Industries Fiji Ltd (PGI)  1.08   1.08   0.00%   1   1,500   1,620
        the fishing industry in Solomon Islands   RB Patel Group Ltd (RBG)   4.88   4.88   0.00%   27   438,563   2,118,861
        with a new US$10 million loan to National   The Rice Company of Fiji Ltd (RCF)   4.40   4.25   3.53%   3   4,836   20,480
        Fisheries Developments, Ltd. (NFD) The   Toyota Tsusho (South Sea) Ltd (TTS)  4.90   4.90   0.00%   2   713   3,494
        investment, to enable the purchase of a   VB Holdings Ltd (VBH)   7.25   6.85   5.84%   22   417,863   1,979,175
                                                                                              75,120
                                                                                 0.00%
                                                                                                      239,275
                                                                                         72
                                                                  3.47
                                            Vision Investments Ltd (VIL)
                                                                          3.47
        large tuna fishing vessel, comes months   Fijian Holdings Ltd (FHL)   6.15   6.15   0.00%   503   159,827   863,044
        after a similar financing deal for NFD,   BSP Convertible Notes Ltd (BCN)   10.00   8.98   11.36%   27   15,870   142,926
        which supplies tuna to its sister company,   TOTaLS                            1,015  10,224,661  16,639,572
        SolTuna Limited, the only tuna processing
        facility in Solomon Islands.       Port Moresby Stock Exchange           cURRENcY RaTES

                                           Equity Listed companies                 aUD$        NZ$     USD$      Euro   UK      Yen
         Movers & Shakers
                                           Code   Bid   Offer   Last  Fijian   $1   0.64   0.71   0.47   0.41   0.36  51.95
                                           BSP   10.05   10.06   10.06
                   Digicel Nauru welcomes   ccP   0   1.4   1.4   PNG Kina    $1   0.41   0.46   0.30   0.26   0.24  33.77
                   new CEO                 cGa    0   0     0.12  Samoa Tala    $1   0.51   0.57   0.38   0.33   0.29  41.78
                                           cOY
                                                      0
                                                  0
                                                            0.05
                   DIGICEL Nauru is delighted   cPL   0   0.6   0.6  Solomon    $1   0.17   0.19   0.12   0.11   0.09  13.87
                   to announce the appoint-  HIG   0   0    0.21
                   ment of Deepak Khanna   KaM    0   0.95   0.95  Tonga Pa’a   $1   0.58   0.64   0.43   0.37   0.33  47.62
                   as their new Chief Execu-  KPL   0   0   0.4   Vanuatu Va   $1   0.01   0.01   0.00   0.00   0.00   0.97
                                           KSL
                                                  2.5
                                                      0
                                                            2.5
                   tive Officer. No stranger to   NcM   48.5   53   50
        Deepak Kumar                       NGP    0   0     0.66  Aud       $1   1    1.10   0.73   0.63   0.57  80.73
        Photo:  Digicel  Digicel, Khanna has served   NIU   0   0   0
                   till recently as their Chief   OSH   20   0   20  NZ     $1   0.90   1   0.66   0.57   0.51  73.07
        Customer Officer in Samoa. He brings with   SST   0   0   5  US     $1   1.36   1.50   1   0.86   0.78  109.88
        him a wealth of telecom experience from
        Digicel’s Pacific markets including Papua   Prices updated as of 2018-08-08.   Pacific France   $1   0.01   0.01   0.00   0.00   0.07   1.06
        New Guinea, Tonga and Samoa.       All prices are in PNG Kina (PGK).  Market rates from www.xe.com as at July 7, 2018
        SPTO’s China rep                             Kolomotu’a for PIANGO   Dunlop assumes UNESCO role
        THE South Pacific Tour-                      LONG-time Tongan civil so-          RENOWNED Samoan aca-
        ism Organisation signed                      ciety leader Emeline Siale Ilo-     demic Tagaloatele Profes-
        an MOU of partnership                        lahia Kolomotu’a is the new         sor Peggy Fairbairn-Dun-
        with  CBISN  Services                        Deputy Executive Director           lop has been appointed to
        and announced the ap-                        of the Pacific Islands Asso-        a leading role at the United
        pointment of its CEO,             Emeline Siale   ciation of Non-Governmental    Nations  culture  agency,
        Marcus Lee as the SPTO            Ilohahia   Organisation. PIANGO Ex-            UNESCO. Currently with
                                          Photo: PIANGO
        China Chief Represen-             ecutive Director Emele Duituturaga said   Peggy-Fairbairn-  AUT in Auckland, Dun-
        tative. “My vision for   Marcus Lee  Ilolahia’s appointment is an asset to re-  Dunlop-Website  lop is well known for her
                                                                             Photo: AUT
        SPTO in China is to cre-  Photo: SPTO  gional headquarters as she comes with lots   research and training in development and
        ate awareness, increase communication,   of experience of leading PIANGO’s Tonga   family issues across the region. She will
        promote the region, create friendly links   affiliate.  With  a  work  permit  recently   be New Zealand’s next Commissioner for
        and exchanges among its 17 countries to   granted by the Fiji Government, Ilolahia   Social Sciences with Unesco’s National
        China’s Outbound Travel and Investment   is now based in Suva at the PIANGO Sec-  Commission.
        markets” said Lee.                retariat headquarters.

                                                                                           Islands Business,August 2018  39
   34   35   36   37   38   39   40   41   42   43   44