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Capital Markets Seminar coming to the North

21/09/2010
 
PRESS RELEASE
 
CAPITAL MARKETS SEMINAR COMING TO THE NORTH
 
The South Pacific Stock Exchange (SPSE) is conducting a Lunch-Hour Business Forum in Labasa on Thursday, 23rd September, 2010, at the Friendly North Inn, from 12.30pm to 2pm. The forum titled “Grow your Investment, Grow your Company, Grow the Economy: Consider the Capital Markets!” will include a presentation on investment opportunities available in the stock market for you as an investor and also for those companies looking at capital raising, the process and benefits of listing on the stock exchange. The presentation will also feature the element of Government’s 2010 budget announcement giving provisions for a 20% Corporate Tax Rate as opposed to a normal 28% Corporate Tax Rate for listed companies that are more than 40% locally owned.
 
SPSE Chief Executive Officer, Ms Jinita Prasad said “The Exchange is committed to growing our capital markets and believes that its development is fundamental to growing our economy”. She further added that the North also has businesses that can be considered as potential listing candidates which can offer a variety in terms of the financial products available through the stock market”. This Capital Markets Seminar will target both potential businesses and investors as the presentation will have a mixture of contents ranging from fundamentals of investing in the stock market, choosing the right shares for investment and also the benefits of listing on the stock market. A quick look at the annualised returns from the listed companies over a span of five years will also be illustrated.
 
Should you require any further information on the issue, please do not hesitate to contact us.
 
 
Jinita Prasad                    
Chief Executive 
21-09-2010               
 
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