Ciboney Group Limited (CBNY) – Proposed Change in Share Ownership

Posted: July 31, 2019 at 4:47 pm

Ciboney Group Limited (CBNY) has provided the following disclosure: “Please be advised that Finsac’s previous attempts to dispose of its 72% shares in Ciboney Group Limited were aborted and hence it is proposing to again approach the market to invite prospective investors to acquire these shares. We understand, in pursuance of this objective, Finsac intends […]

 

Ciboney Group Limited (CBNY) – Proposed Change in Share Ownership

Posted: July 18, 2018 at 5:16 pm

Ciboney Group Limited (CBNY)  has advised that Finsac’s attempt in April 2018 to sell its 72% shareholding in the company was aborted and hence the prospect of achieving a change of ownership within the first quarter of the new financial year cannot now be achieved. CBNY has further stated that Finsac has advised that it […]

 

Ciboney Group Limited (CBNY) – Proposed Change in Share Ownership

Posted: April 16, 2018 at 9:32 am

Ciboney Group Limited (CBNY) has advised that their Board of Directors has been informed by FINSAC that it wishes to dispose of its interest in CBNY. CBNY states that FINSAC control approximately 72% of the Company’s shareholding through Trumpton Limited [41%], Crown Eagle Life Insurance Company Limited [25%] and Eagle Merchant Bank of Jamaica limited […]