The Board of the company has approved the acquisition of over 13 million shares in the capital of N.E.M. (West Indies) Insurance Ltd. representing 36.0 per cent of the total issued share capital of NEMWIL, pursuant to an agreement concluded by Group management effective July 13, 2001. GHL has agreed to acquire an option from […]
Graphic Arts Litd. will cease its printing operations as of December 21, 2001. This decision was made in the context of a highly competitive environment due to high levels of importing packaging materials which negatively impacted the continued viability of the printing business.
The Board on August 23, 2001 resolved that an interim dividend of 25.50 cents be paid on each stock unit of the paid up capital stock of the bank to shareholders on record as at the close of business on September 12, 2001 and that the same be payable on October 4, 2001.
The AGM of July 25, passed a resolution for the payment of a dividend of 5% gross on preference shares together with an additional 2.5% participating dividend, less tax for the year ending December 31, 2000 to shareholders and for the payment of a final dividend of ten cents on each ordinary stock less income […]
Effective July 17, the following Directors were appointed to the Board of the company: Mr. H. Peter Ganteaume and Dr. Terrence Farrell.
An interim dividend of seven cents (2000 – 8) per cent ordinary stock unit will be paid on October 12, 2001 to members on the register of members at the close of business on September 28, 2001. The register will be closed from October 1, 2001 to October 3, 2001 inclusive.
The Board of Directors of Hardware & Lumber Ltd. and Grace, Kennedy & Company Ltd. on August 3, 2001 reached agreement, subject to due diligence on the merger of H&L and its subsidiaries including H&L Value and H & L Agri & Marine Co., with Rapid & Sheffield and Agro Grace Ltd. This merger is […]
The Board has decided to pay an interim dividend of ten cents per share to the members on register as at August 16, 2001. The transfer books and the register of members will therefore be closed August 16, 2001 to August 17, 2001. The dividend cheques will be mailed out on August 23, 2001.
The Board has advised of the declaration of a capital distribution of 10% of profit after tax to shareholders. The dividend to be paid is $0.099 per share; the record date is August 10, 2001 and the payment date is September 21, 2001.
NCB (Ja.) has announced that it has originated a US$125,000,000 five year funding line. The funding is sourced via NCB selling, without recourse, future cash flows arising from NCB’s acquisition of MasterCard and Visa card vouchers which are generated from purchases on US$ denominated credit cards. The transaction was arranged by Citicorp Securities and the […]