Assets Fiji Pte Limited (“AFL”) was established, incorporated, and constituted under the Companies Act 2015 and began operating from 13 November 2015. The company is a state-owned-entity with 100% shareholding by the Fijian Government. As part of Government’s divestment strategy in 2015, the cabinet approved privatising of two government entities; Fiji Ports Corporation Pte Limited (“FPCL”) and Fiji Ships and Heavy Industries Pte Limited (“FSHIL”) and declared them Re-Organization Enterprises though Legal Notice 94 of 2015. This led to the formation of Assets Fiji Pte Ltd as a Re-Organization Enterprise and Fijian Government’s asset holding company to retain and manage land assets of Public Enterprises that have been divested. All interest in land owned and held by Fiji Ports Corporation Limited and Fiji Ships and Heavy Industries Limited was vested in Assets Fiji Pte Ltd. In turn, land assets required by Fiji Ports Corporation and Fiji Ships and Heavy Industries Limited for its core port operating activities and ship repairs/maintenance has been leased back. Assets Fiji Pte Limited aims to effectively manage, invest and realize full potential of the current and future assets The Company profile is as follows: Vision To maximise public asset value for the benefit of all Fijians. Mission: To effectively manage, invest and realise full potential of our assets. Values: To serve our stakeholders with honesty, integrity, accountability, respect, courage and commitment Goal 1 Managing resources for long-term value Priority 1: Environmentally sustainable developments. Priority 2: Maximising opportunities for commercial activities Goal 2 Value to Shareholders Priority 1: Financial performance to support our corporate goals Priority 2: Valuing and growing our portfolio Goal 3 Supporting and empowering our people Priority 1: A team approach Priority 2: A positive culture of service and support
