Fijian Holdings Limited has now received $25million which was paid to BP South West Pacific as deposit for the acquisition of the company earlier.

In a statement, FHL CEO Sereana Qoro stressed that the institution is now in a much stronger position than before and is 100 percent debt free with a net worth of over $151million.

Qoro added that although they were disappointed that the trading of FHL shares was suspended by the South Pacific Stock Exchange earlier this week, they are pleased that the suspension was lifted.

She said FHL was required by the Stock Exchange to provide written confirmation on issues relating to the Corporate Governance Audit, which could only be made through a written response from the office of the Acting Minister for Indigenous Affairs who is the Prime Minister.

Qoro said FHL's response took a while because there were critical governance issues which needed to be observed and considered going forward.

The FHL CEO added that as an investment company, Fijian Holdings will continue to look into lucrative investment options for the benefit of the shareholders.