Fiji Kava raises $US 3.7 million on Australia's Securities Exchange

Fiji Kava raises $US 3.7 million on Australia's Securities Exchange

By Naveel Krishant
Monday 24/12/2018
Kava being processed

The first kava company to list on a global stock exchange has raised $US 3.7 million in its debut on Australia's Securities Exchange.

Australian company Fiji Kava closed its public offering on Thursday ahead of a planned launch in Australia next year.

Its Chief Executive Zane Yoshida, says the listing was a huge milestone for the company.

Fiji Kava, which operates in Fiji under the Taki Mai brand, plans to use some of the money to research other medicinal uses for the drink.

This would include using kava to treat anxiety, insomnia and pain.

[Source: Radio NZ]

FEATURE NEWS
Compain confirms they had to buy IV fluids for the CWM Children's Hospital today
President of International Women's Association Fiji says the shortage of IV fluids, particularly saline, remains a pressing issue. Compain says whi...
12 hours ago
LATEST NEWS
More funds needed for fight against gender-based violence-Shamima Ali
The government should dedicate more funding towards human rights movements and the empowerment of women, and it should stop funding the ...
8 hours ago

RFMF establishes Forward Operating Base at Malau
In a significant step to enhance Fiji’s maritime security capabilities, the Commander of the Republic of Fiji Military Forces, Major General Jone ...
8 hours ago

SEEP calls on Standing Committee on Justice, Law and Human Rights to simplify and promote awareness of Bills
The Social Empowerment and Education Programme is calling on the Standing Committee on Justice, Law and Human Rights to explore all possible methods ...
11 hours ago

Prof. Prasad calls for urgent Pacific response to unfair US tariffs
Deputy Prime Minister and Minister for Finance Professor Biman Prasad is calling on Pacific leaders to meet urgently to map a firm regional response ...
12 hours ago

UniFiji reports record-breaking female student achievements over 5 years
The University of Fiji has reported an unprecedented level of the achievements of female students across all sections and academic departments at the ...
13 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Top Interventional Cardiologist Dr Kapadia on fijivillage Straight Talk With Vijay Narayan
The show will focus on health services in the country. The former Marist Brothers Primary and High School student who has been practising medicine ...
2 days ago

Supervisor of Elections on fijivillage Straight Talk With Vijay Narayan
The interview focus on preparations for the 2026 general elections, voter related issues, electoral laws, the 2022 glitch and the municipal council ...
2 days ago

Swire Shipping Fijian Drua Coach, Glen Jackson on fijivillage Straight Talk With Vijay Narayan
Swire Shipping Fijian Drua Coach, Glen Jackson appeared on fijivillage Straight Talk With Vijay Narayan from the Drua base in Nadi. Coming off ...
6 days ago

TOP