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May 21, 2024, 3:14 pm
Business, Fiji News

FNPF acquires shares in Rooster Poultry from BSP Life

Fiji One News Team
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BSP Life, Fiji’s top life and health insurer, has sold 40% of Future Farms Pte Limited shares, known as Rooster Poultry, to Fiji National Provident Fund.

BSP Life’s Managing Director, Michael Nacola, sees it as a significant move benefiting both parties. 

Rooster Poultry is a successful brand, contributing to Fiji’s poultry self-sufficiency and adhering to global standards. 

Fiji National Provident Fund’s Chief Executive Officer, Viliame Vodonaivalu, views it as a strategic investment diversifying the fund’s portfolio and ensuring sustainable returns. 

Rooster Poultry’s accolades and certifications showcases its dedication to quality and sustainability.

The decision reflects FNPF’s commitment to responsible investing, focusing on companies with strong corporate citizenship and environmental practices.