The South Pacific Stock Exchange has lifted the suspension of trading of Fijian Holdings Limited shares with immediate effect as a result of further clarification by the company on the queries raised regarding its corporate governance audit report.

In a statement, chief executive Jinita Prasad said they have received confirmation from FHL and their board has established that there is no material information in its internal corporate governance audit report and that the extent of breach leading to the audit is not material.

Prasad said trading of FHL shares had been suspended by SPSE on Monday in order to ensure that all shareholders receive timely and accurate information, and that an orderly market is maintained rather than a market driven by rumor and potentially ill-informed decisions.

She added shares in FHL can be traded from this morning.