July 4, 2022
Proven Investments Limited (PROVEN) has advised that at a meeting of the Board of Directors held on Friday, June 24, 2022 Resolutions were passed to effect the following:
- That the name of the Company be changed from ‘PROVEN Investments Limited’ to ‘PROVEN Group Limited’.
- That upon the change of name of the Company, a new International Business Company be formed in St. Lucia under the name ‘PROVEN Investments Holdings Limited’.
- Subject to the approval of the Financial Services Regulatory Authority in St. Lucia, that the name of ‘BOSLIL Bank Limited’, which is majority owned by the Company, be changed to ‘PROVEN Bank (St. Lucia) Limited’.
- Subject to the approval of the Regulators in St. Lucia, that the wholly owned subsidiary of the Company ‘REAL Properties Limited’ be changed to ‘PROVEN Properties Limited’.
Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.