The Fiji Times, 19 June 2018 – PORT MORESBY (THE NATIONAL) —National Superannuation Fund (Nasfund) confirms it is concluding a deal soon on offsetting its 50 per cent shareholding in Grand Pacific Hotel in Fiji.
This followed a report by the Fiji Broadcasting Corporation that the Fiji National Provident Fund (Fiji NPF) has expressed interest to take up a hundred per cent ownership of the hotel in Suva.
The hotel was a joint venture between Nasfund, with 50 per cent, and 25 per cent each by Lamana Development and Fiji’s NPF. Read more…
