Caribbean Equity Partners (CEP), the management agent of Caribbean Investment Fund (CIF) has acquired 8,100,272 shares of CMP on behalf of its investors. This strategic share purchase has been made with the intention of creating long-term value for CMP’s stakeholders. CEP does not intend to increase its stake at this time.
The new Chief Operating Officer of the company is Neville Scott (the current Group Financial Director) and CMP’s new board of directors consists of Mrs. Joy Mahfood, Mr. Neville Scott, Dr.Nigel Clarke, Mr. Jeffery Hall and Dr. David Panton.
