FNPF acquires full ownership of Grand Pacific Hotel

Grand Pacific Hotel

Fiji Times – 29th November

THE Grand Pacific Hotel is now full owned by the Fiji National Provident Fund (FNPF).

The fund has confirmed that it acquired the remaining 75 per cent shares of the Grand Old Lady from Papua New Guinea partners – National Superannuation Fund (NASFUND) and CGA Properties Limited.

In a statement released moments ago, FNPF chief executive officer Jaoji Koroi said the investment was part of the fund’s active growth investment strategy. View more: