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
Fiji exports to the US like Fiji Water, kava, dalo and turmeric to be hit hard with increase in the 32% tariffs
Fiji exports to the United States of America like Fiji Water, kava, dalo and turmeric will be hit hard with the increase in the 32 percent tariffs by ...
13 hours ago
LATEST NEWS
Health Ministry pushes for inclusive menstrual and menopause awareness
While the Fiji Women’s Rights Movement emphasized the need to educate the public on the challenges women face due to menopause, the Head of Family ...
12 hours ago

Kamikamica to push for reduction of US tariff on Fijian exports
Deputy Prime Minister and Minister for Trade Manoa Kamikamica says the 32 percent tariff imposed on Fijian exports to the United States is too high ...
12 hours ago

Fijian music legends pay tribute to iconic VITIFM personality Maikeli Radua
A group of Fiji’s renowned local artists led by Vude King and Queen, Seru Serevi and Laisa Vulakoro, presented their i-reguregu to the family ...
12 hours ago

Bus accident in Colo-i-Suva
A bus went off Princes Road in Colo-i-Suva this afternoon. fijivillage News has received information that the bus overturned and is lying on one ...
12 hours ago

Waibasaga Villagers take action to build lifesaving bridge
The people of Waibasaga Village in Naitasiri will no longer wait for government’s assistance to build a new bridge after enduring the terrifying ...
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
Swire Shipping Fijian Drua Coach, Glen Jackson appear 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 ...
19 hours ago

Reverend Tugi on fijivillage Straight Talk With Vijay Narayan
Watch the General Secretary of Fiji Evangelical Fellowship, Reverend Simione Tugi on fijivillage Straight Talk With Vijay ...
36 days ago

fijivillage Straight Talk with Vijay Narayan and William Parkinson
Chairman of Communications Fiji Limited, parent company of FM96, LegendFM, VitiFM, Navtarang, Radio Sargam, fijivillage and PNGFM, William Parkinson ...
37 days ago

TOP