Project Description
Vision Investments Limited (formerly Courts (Fiji) Limited, hereinafter “VIL” or the “Company”) is a leading retail company distributing consumer electronics, furniture and durable home goods in Fiji. VIL has a strong presence in Fiji with 25 stores covering all major cities. After acquiring and merging with its three sister companies under the umbrella of Vision Group Limited (the “Sponsor”), namely, Vision Motors Limited (an automotive dealer), Mahogany Industries (Fiji) Limited (a wooden furniture manufacturer) and Vision Finance Limited (provider of guarantees for consumer finance loans and extended warranties extended by VIL), VIL is proposing to undertake a Private Placement, which will be followed by a Compliance Listing (“CL”)on the South Pacific Stock Exchange (“SPSE”) (the “Project”). The Project is expected to improve the Company’s access to the capital market and provide liquidity for the shareholders.