FAQ's

To sell your shares, you will need to visit a licensed stockbroking firm.

CSRL and SPX are not licensed to sell or buy shares on behalf of security holders.

To transfer your shares, you will need to visit a licensed stockbroking firm. The licensed stockbroking firm shall transfer your shares to the receiving party through what is called a Private Transfer.

A stockbroker is a regulated (by the Reserve Bank of Fiji) professional individual, usually associated with a brokerage firm or broker-dealer, who buys and sells stocks and other securities for both retail and institutional clients, through a stock exchange or over the counter, in return for a fee or commission.

Stockbrokers are known by numerous professional designations, depending on the license they hold, the type of securities they sell, or the services they provide.

Yes, minors can acquire shares however; they can only do this through persons who are authorized to act as a trustee(s) on their behalf (e.g. parents or guardians). The shares shall be in the name of trustee(s) until the minor is 18 years old (legal age). Example, “A” is a minor and “B” invests on “A’s” behalf, then the registry will record the name as “B as a trustee for A”.

Once a minor reaches a legal age parents can transfer the shares to his name through a private transfer.