May 16, 2023
Sygnus Credit Investments Limited (SCI, SCIJMD, SCIUSD) has advised that the Board of Directors of the Company on May 12, 2023, approved the buyback of up to US$9 million of SCI’s JMD and USD ordinary shares via Open Market Repurchase (OMR) spanning a period of three (3) years ending June 2026. The buyback is as prescribed by the Articles of Association of the Company.
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 affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.