Government Shareholder Dividend from the Pacific Forum Line
Government Press Secretariat - 11 June 2004
Cabinet has received on behalf of Government its Shareholder Dividend from the Pacific Forum Line in the form of a cheque for NZD $24,977.90.
These funds are a percentage of the NZD$672,680.00 the PFL Company Shareholders will receive from the total profit made by PFL in 2002. As one of the shareholders of the Company, the Samoan Government receives a dividend of 5% for its shares.
These funds have since been passed on to the Ministry of Finance.
Added: 16th June 2004