Date: May 17, 2018 Cable Bahamas Limited (CAB) has advised of the retirement of Mr. Anthony Butler, CEO, effective June 30, 2018. Mr. Franklyn Butler II has been appointed as the new Chief Executive Officer effective July 1, 2018.
Date: May 17, 2018 Eppley Limited (EPLY) has advised that Eppley Fund Managers Limited, Fortress Fund Managers Limited and Altman Real Estate have completed their agreement signed in January 2018, pursuant to which Eppley Fund Managers Limited has now assumed all investment management and advisory responsibilities for the Fortress Caribbean Property Fund Limited SCC. Following
Date: May 17, 2018 NCB Financial Group Limited (NCBFG) NCBFG has advised that on May 15, 2018, the Hearing Panel convened by the Trinidad & Tobago Securities and Exchange Commission (TTSEC) adjourned until further notice the Hearing into matters related to NCB Global Holdings Limited’s bid for control of Guardian Holdings Limited. NCB Global Holdings
Date: May 17, 2018 Caribbean Producers Jamaica Limited (CPJ) has also advised that Mr. Wayne “Tony” Soltau, Director of Supply Chain, has resigned effective May 15, 2018. Mr. Hugh Logan, Director of Institutional Sales, has been appointed to this position with immediate effect.
May 17, 2018 Click link below for detail News-Release-Hearing-into-matters-related-to-NCB-Global-Holdings-Limited-bid-for-control-of-Guardian-Holdings-Limited
May 17, 2018 Eppley Fund Managers Limited (“Eppley”), Fortress Fund Managers (“Fortress”) and Altman Real Estate (“Altman”) have completed their agreement signed in January 2018, pursuant to which Eppley has now assumed all investment management and advisory responsibilities for the Fortress Caribbean Property Fund Limited SCC. Following a special shareholders’ meeting held in February, the
Date: May 17, 2018 K.L.E. Group Limited (KLE), for the first three months ended March 31, 2018 reported Total Revenue of $51.38 million, a 4% increase when compared with the $49.40 million reported for the corresponding period of 2017. Gross Profit totaled $34.39 million, up 9% relative to the $33.88 million reported in 2017. This followed
May 17, 2018 United States: Treasury Yields Hit 3.1%; Customs Talk Roils Pound: Markets Wrap Ten-year U.S. Treasury yields hit 3.1 percent on Thursday, as global markets continue to grapple with the outlook for the world’s largest economy. The pound jumped but then erased the move amid conflicting reports over Britain’s future in the EU
May 16, 2018 Revenue increased $31.39 million year on year, closing the period at $313.23 million, up from $263.66 million in 2017. Administrative and Other Expenses increased 15%, closing the period at $140.83 million (2017:$122.11 million). As such, Operating Profit increased 22%, closing at $172.40 million (2017:$141.55 million). There was a Fair Value Appreciation on
Date: May 16, 2018 Elite Diagnostic Limited, for the nine months ended March 31, 2018 booked a 24% increase in revenue to total $219.91 million compared to $179.29 million for the same period in 2017. Revenue for the third quarter rose by 20% to $78.24 million (2017: $65.28 million). The company stated that this was
