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Background
In a bid to improve the standard of reporting and presentation of Annual Reports as well as to acknowledge the contribution of our key stakeholders towards the development of the stock market and ultimately the capital markets in Fiji, the South Pacific Stock Exchange (SPSE) from the year 2017 is revamping its traditional Annual Report Competition (ARC) Awards.
 
The revamped awards is now called SPSE Annual Awards and will now be a step higher and a more comprehensive and an all-inclusive awards event wherein the SPSE will not only recognise the Annual Reports submitted by various organisations but will also recognise the efforts and contribution of our stakeholders including stockbrokers, listed companies, investment advisors, institutional investors as well as individual retail investors and reward them accordingly. 

What has Changed?
In a bid to have a bigger and a more industry inclusive Awards function, the SPSE will categorise the awards under the two main headings; Annual Report Awards and the Grand Awards

Annual Report Awards aims to consider, assess, evaluate and reward Annual Reports for both listed and unlisted companies. An independent judging panel comprising of top level executives having substantial experience in a broad range of areas including accounting, auditing, tax, legal and consulting activities will perform this role. The SPSE will allow for only two categories under the Annual Report Awards as opposed to the four categories previously allowed. One category will be for the SPSE listed companies and the other category will be for all other unlisted organisations in Fiji (this will include Statutory Authorities, Co-operatives, Non-Profit & Charitable Organisations, Other Public Companies, Unit Trusts and any other organisations). A total of four main awards will be given under these categories (two awards for the listed companies’ category and two awards under the unlisted organisations’ category). A set of special awards will also be handed out based on the judges’ assessment of Annual Reports submitted. Please CLICK HERE to download/view the assessment criteria for the Annual Report Awards.

and


Grand Awards
will be focused on recognising and rewarding industry participants such as stockbrokers,
listed companies, investment advisors, institutional investors as well as retail investors. The members for this Judging Committee will comprise of representatives from SPSE and independent members. The criteria for this is currently being finalised and will be available soon.

 

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