Special Advisory: SSL Venture Capital Jamaica Limited (SSLVC)

June 17, 2019

 

SSL Venture Capital Jamaica Limited (SSLVC) has advised that the Memorandum of Understanding between its portfolio company Muse 360 Integrated Limited (“Muse”) and Trend Media Limited (subsidiary of Digicel Jamaica Limited) which was signed on January 14, 2019 (as per release dated January 16, 2019) has been delayed until August 31, 2019.

SSLVC has also advised that the Company’s legal counsel is presently making final changes to the shareholder’s agreement. The MOU outlines the transaction to sell 10% of Muse’s subsidiary, which is a content creation, aggregation and distribution company, to Trend Media Limited.

 

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2019-06-17T19:34:47+00:00