The Directors have agreed to recommend to the forth coming annual general meeting in September that a final dividend of 65 cents per stock unit (less income tax) be declared payable on the issued stock and be paid on October 14, 1998 to stockholders registered at the close of business on September 30, 1998 out […]
The board has declared an interim dividend of four cents per stock unit to be paid out of the tax relieved earnings of the company to stockholders on record as at July 1, 1998. Payment date is July 23, 1998. Based on the 562,161,600 issued stock units of the company, the total amount of the […]
The Board of Directors approved an interim cash dividend of twelve cents per stock unit to be paid on Janury 11, 1999 to stockholders on record as at December 18, 1998. At a Board of Directors meeting it was resolved that a cash interim dividend in respect of 1998 of eight cents per stock unit […]
At the annual general meeting on May 28, 1998, the shareholders approved the directors’ recommendation of a bonus issue of one share for every four previously held, with record date being July 9, 1998.
The Board of Directors on May 28, 1998, approved the declaration of an interim dividend of 3.5 cents per common share payable on July 10, 1998 to shareholders registered on June 12, 1998.
The first quarter of 1998 saw Dyoll Group making a number of positive steps. Harry S. Abrikian was appointed Group CEO and a strategic review by KPMG Peat Marwick, outside consultant, was completed. During the period, the Dyoll Group recorded profit after taxation of $10,718,701. The operating loss for the Group was $24,718, 701 mainly […]
For the year ended March 31, 1998, the company invested Ja$4.7 billion in the further expansion of its telecommunications network. This investment led to the installation of 62,500 net main lines during the year, maintaining the record achievement of 1996/97 and brings the total number of lines to 415,000. Gross Operating Revenue and Net profit […]
At a Board meeting on May 4, 1998 it was resolved that a Capital Distribution of one dollar and twenty-five cents (less Transfer Tax) per share be paid to all shareholders on record as at May 22, 1998 and that the payment date be June 10, 1998.
CIBC WI announced the appointment of Michael K. Mansoor as President and Chief Executive Officer. He succeeds Joe Krukowski, who retired in January 1998 after 38 years of service to the bank. Mr. Mansoor – a chartered accountant and former partner at Ernst and Young in Trinidad and Tobago, brings to CIBC an extensive background […]
The company signed an agreement with Commercebank N.A. of Miami Florida for a US$4 million unsecured, revolving line of credit on April 27, 1998. The unsecured line of credit, extended by the bank after a careful and satisfactory evaluation of Caribbean Cement Company’s credit worthiness and long term prospects allows the local company to access […]