December 19, 2018
NCB Financial Group Limited (NCBFG) has advised that on November 16, 2018, the Trinidad and Tobago Securities and Exchange Commission (TTSEC) announced that NCB Global Holdings Limited (NCBGH), a wholly-owned subsidiary of NCBFG, had agreed to make a revised offer and take-over bid for up to a minimum of 51.85% of the outstanding shares in Guardian Holdings Limited (GHL) at a price per share of US$2.65, pursuant to the settlement reached between the Staff of the TTSEC and NCBGH, and NCBFG on the same day released that announcement to investors.
NCBFG advised on December 18, 2018 that the revised offer and take-over bid will in fact be made at an enhanced price of US$2.79 per share and will be made for up to 62% of the outstanding shares in GHL.
For further details, please visit the website, www.jamstockex.com