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Friday, August 22, 2008

Amalgamated Telecom Holdings Limited (ATH) Board Chairman bows out.

In yesterday’s ATH annual general meeting in Suva, Mr. Kanti Tappoo (ATH), Board Chairman, announced that he has step down and opt out of re- election after his term of contract expires this year.

Mr. Tappoo has been ATH chairman for the last 10 years and has opted out; to focus on his family business.

Mr. Taito Waqa, Chairman of Fiji National Provident Fund Board, has been appointed a new director as a government nominee.

ATH, a listed company on the South Pacific Stock Exchange, has been growing continuously and consistently. The Group recorded an operating profit after tax of F$46.1 million for its financial year ended 31 March 2008.

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