Barita Investments Limited (BIL) has advised that further to their disclosure that Cornerstone Investments Holdings Limited had advised of the closure of its Offer to acquire 100% of the issued shares in Barita at a price of $9.20:” “The Offer to the shareholders of Barita was published on Thursday, July 19,2018 and was open for […]
News Release – Barita Investments Limited (BIL) – Take Over Bid from Cornerstone Investments Holdings Limited
Cornerstone – Barita – Offer Letter and Take Over Bid Circular dated July 19, 2018 – FINAL
Barita Investments Limited – Annual General Meeting Notice
Barita Investments Limited has declared an interim dividend of $0.30 per share payable on February 15, 2018 to shareholders on record as at February 2, 2018. The ex-dividend date is February 1, 2018.
Barita Investments Limited (BIL) has advise that a meeting of their Board of Directors will be held on Friday, January 19, 2018, at which time the directors will consider, and if thought fit, recommend the payment of an interim dividend to ordinary stockholders for the financial year which ended on September 30, 2017.
Barita Investments Limited (BIL) has advised that a senior manager has sold 3,827 BIL shares on September 7, 2017.
Barita Investments Limited (BIL) has advised that the Company has received an offer from Cornerstone United Holdings Jamaica Limited to purchase majority share holdings of the Company. The Company further advised that the terms and conditions of the acquisition are dependent on the outcome of negotiations, which are yet to be finalized.
Barita Investments Limited (BIL) has advised that two officers sold in total 6,173 BIL shares on August 17, 2017.
Barita Investments Limited (BIL) has advised that the Company has received an offer to acquire majority shareholdings in the Company. BIL further advised that the offer is under consideration by the Company’s Board of Directors and that discussions continue, pending the preparation and conclusion of definitive agreements.