Fiji's Capital Markets Development Authority (CMDA) has stopped the merger of Carlton Brewery Fiji and Lautoka-based South Pacific Distilleries to form Fosters Group Pacific Limited.
The Fiji Times newspaper reports the stop order was issued after it was found that two pages of an independent report on the merger by KPMG was missing from information given to minority shareholders.
South Pacific Distilleries company secretary, Alfred Chan, is quoted as saying the omission of the two pages was a printing which went un-noticed and is being rectified.
The missing pages related to the valuation of Apia-based Samoa Breweries and its expected performance this year.
Earlier, Fiji stockbroking firm, Konitiki Capital, had said minority shareholders of South Pacific Distilleries would lose over 400-thousand US dollars if the merger went ahead on the proposed terms.
