Food Processors Fiji Ltd puts non-core assets for sale including property and farms

Food Processors Fiji Limited has put its non-core assets for sale which include a property in Walu Bay in Suva, Batiri farms in Seaqaqa and a commercial lot in Savusavu.

Chairman Raj Sharma says the state owned company’s sale of properties is subject to the government’s approval.

Sharma says the company is going through a transformation and has completed a business plan focusing on its Balance Sheet.

He says they expect to increase sales and distribution to Vanua Levu and other parts of Fiji soon.

Food Processors Fiji Limited is a food manufacturing company that processes locally grown food and markets under Pacific Crown and Red Ribbon labels.