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Implementation of amended SPSE Listing Rules

1/09/2010
 
PRESS RELEASE
 
IMPLEMENTATION OF AMENDED SPSE LISTING RULES
 
The South Pacific Stock Exchange (SPSE) is pleased to announce the implementation of its amended Listing Rules from today, 1st September 2010. The amended listing rules has resulted in a new set of rules for the SPSE which will provide the SPSE an improved and efficient way to administer listed companies.
 
The implementation of the amended listing rules was subject to approval by the Reserve Bank of Fiji (RBF). Upon receiving the approval from RBF on 1st July 2010, the SPSE facilitated a compliance workshop and conducted various meetings with listed companies to ensure a smooth transition from the old listing rules to the amended listing rules.    
 
SPSE Chief Executive Officer, Ms Jinita Prasad said “SPSE is looking at a number of ways to further develop our markets in order to align to the changes taking place in the global capital markets industry. This has in turn called for a total revamp of the SPSE Listing Rules.”
 
She further added that the SPSE will continue to work closely with listed companies and other stakeholders in order to assist them in better understanding and rationalising the key changes in the rules.
 
Should you require any further information on the issue, please do not hesitate to contact us.
 
 
Jinita Prasad                    
Chief Executive 
01-09-2010               
Market Statistics

 

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