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SPSE partners with Sun Insurance & Company Limited

6/05/2011
 
PRESS RELEASE
 
SPSE Partners with Sun Insurance Ltd
 
The South Pacific Stock Exchange has partnered with Sun Insurance & Company Limited (SICL), one of the leading property and casualty insurers in Fiji in a drive to increase its investor profile in the country. The Exchange is using the LED display screen located on the Sun Insurance office building in Flagstaff, Suva to exhibit the SPSE stock prices. The stock prices are displayed on the screen twice on a business day between 12.00pm to 1.30pm and in a second session between 4.00pm to 5.30pm. The display screen is embedded on the outside wall of the Sun Insurance building and is visible to the travelling public using the Laucala Bay Road.
 
SPSE Chief Executive, Ms Jinita Prasad said “This a genuine effort by the Exchange in an attempt to increase investor awareness, enhance SPSE’s profile and develop an understanding about the stock market amongst the investment community.” She further added that through this exhibition, the travelling public will be kept updated on the recent stock prices as some of them might be existing shareholders in one of the SPSE listed securities while the others may be aspiring to become one. She thanked SICL for allowing the Exchange to use this facility as this is the first-ever public display of stock market prices in Fiji. Moving to the electronic trading platform in July last year has enabled the Exchange to undertake such a development initiative.
 
Mr Lolesh Sharma, the Chief Executive Officer of SICL said that the use of the LED will allow the Fiji public to be better informed on the local stock market movements. “As a locally owned entity, SUN takes much pleasure in being able to assist SPSE’s attempts to grow the capital markets in Fiji”
 
Should you require any further information on the issue, please do not hesitate to contact us.
 
 
Jinita Prasad                    
Chief Executive 
06/05/2011                     
 
For more information
South Pacific Stock Exchange - www.spse.com.fj
Sun Insurance & Company Limited - www.suninsurance.com.fj
 
 
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