Restructure plans are now in place at Fiji Television Limited and the changes will be revealed soon.
Fijian Holdings Limited is now the majority shareholder of Fiji TV Limited after it acquired Yasana Holdings' shares for $25 million.
FHL Chief Executive Officer, Nouzab Fareed said FHL now owns 58 percent of Fiji TV Limited and it will definitely ensure there is a good return on the investment for the shareholders of FHL.
Fareed said their continued investments shows that they mean business, and they are also the biggest investment company in the country.
Speaking as the major shareholder of Fiji TV, the FHL CEO has also dismissed suggestions about talks to merge Fiji TV with the state owned broadcaster.
Fareed said this is not happening.
Story by: Vijay Narayan
