Caribbean Cement – Rights Issue

Posted: July 29, 1998 at 12:00 am

At the Board meeting on July 29, 1998, it was agreed to hold the annual general meeting of the company on September 10, 1998. At the meeting a decision was taken to recommend the following matters to the shareholders at the annual general meeting: 1. That additional capital be raised by the way of a […]

 

Carib Cement – Signs Trade Accord

Posted: April 29, 1998 at 12:00 am

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 […]

 

Caribbean Cement – Director Resigns & Other matters

Posted: March 2, 1998 at 12:00 am

Director Resigns Mr. Henry Fullerton has resigned as a Director of the company with immediate effect from February 24, 1998, subsequent to the Directors’ meeting held that morning. Mr. Fullerton was a member of the Board of the company and of its Finance and Audit Committee. Other Matters Re: The company’s position regarding Carib Cement […]

 

Carib Cement – Interim Dividend

Posted: July 3, 1997 at 12:00 am

The Board of Directors of the company passed a resolution for an interim dividend of ten cents per stock unit to be declared payable on August 22, 1997 to shareholders on record as at July 18, 1997.

 

Caribbean Cement Co. – Rights Issue Off

Posted: May 12, 1997 at 12:00 am

Based on unfavourable market conditions as now exist, a decision has been taken by the Directors of the Company not to proceed with the Rights Issue.

 

Carib Cement – Rights Issue stalled

Posted: December 10, 1996 at 12:00 am

Negotiations for the underwriting of the proposed rights issue of 105.5 million ordinary shares in the capital of the company though nearing completion have not been finalised. The Directors do not consider it in the best interest of the shareholders to proceed until the underwriting arrangements are in place. The Directors have therefore taken a […]

 

Carib Cement – Million Dollar capital increase

Posted: November 7, 1996 at 12:00 am

Resolutions approved at the Extraordinary General Meeting on November 7 were: 1)That the authorized capital of the company be increased from $225 million to $400 million by the creation of 350 million ordinary shares of 50 cents each; 2)That there be an increase in the issued share capital of the company by the issue of […]

 

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