SEP Group Cash Flow 2001
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(1) Caribbean Products Co. Ltd. a fully owned subsidiary of Seprod Ltd. has by ordinary resolution of the company dated November 13, 2000, increased its share capital by $16 million
Messrs. Paul Scott and Michael Black were appointed directors of Seprod Ltd. at the meeting of Board of Directors held October 2, 2000.
The Board of Directors at its meeting on October 2, 2000 recommended the following resolution for adoption by the shareholders:- an increase in share capital from $200 million to $300