The Solomon Islands National Provident Fund (SINPF) says having the Tavanipupu Island Resort Limited (TIRL) title for the next two years will improve NPF’s ability to recover its investment in the resort and open new investment landscape and options.
Tavanipupu Island Resort Chairman, Gideon Zoloveke says SINPF now plans to take control over TIRL company management including appointing a new board fully controlled by NPF appointed directors.
Mr. Zoloveke explains, John Sullivan QC who represents the existing shareholders of TIRL will remain as the director until September 2016.
