Common Utility Board

Common Utility Board presents TOP$6,976,799 dividend to Tonga Government

The Government of Tonga, being the sole shareholder of power, water and waste utilities and the subsidiary companies Tonga Gas/Home Gas, is the sole beneficiary of this dividend.

This dividend declaration was presented during the Common Utility Board’s Annual General Meeting on the 4 of December 2018.

A statement said it comes off a successful financial performance by Tonga Power Ltd, Tonga Water Board, Waste Authority Ltd and Tonga Gas Ltd/Home Gas Ltd for the year ended 30 June 2018 where the utility companies posted a combine Dividend of $6,976,799 pa’anga.