Home Tag "Guardian Holdings Group"

NCB Financial Group’s US$400M Takeover Of Guardian Holdings Lapses, Placed On Hold

There are now concerns that the NCB Financial Group’s US$400 million bid to take control of Guardian Holdings Ltd, which has now lapsed, has been placed on hold, even though the take up went beyond targeted take up offer. This following the announcement by Trinidad & Tobago’s securities regulator that it will hold expedited hearings […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

NCB Financial Group Reporting 28% Increase In Net Profits Of JA$4.6 Billion For Three Months Ending December 2017

The Directors of NCB Financial Group Limited and its subsidiaries have released their first quarter 2018 earnings report, recording net profits of JA$4.6 billion for the three months ended December 31, 2017, an increase of 28% or JA$1.0 billion over the prior year. Patrick Hylton, President and Group Chief Executive Officer, commenting on the Groups […]

Productive Business Solutions Announces Successful Closure of Transactions Through Costa Rica And Guatemala Subsidiaries

Guardian Minority Shareholders Raises Concerns With SEC, Something Is Obviously Amiss With This Particular Offer

There are reports out of Trinidad and Tobago that Minority shareholders of Guardian Holdings are raising concerns about the conditions for the sale of shares from Guardian Holdings Ltd (GHL) to the Michael Lee Chin led NCB Financial Group. Among the concerns raised was the offer price of US$2.35 per share which works out to […]

Productive Business Solutions Announces Successful Closure of Transactions Through Costa Rica And Guatemala Subsidiaries

Guardian Minority Shareholders Say Offer Not Enough, Demand Details Of 2015 ‘Lock-Up’ Agreement

Minority shareholders of Guardian Holdings Ltd are calling on the company and NCB Global Holdings Ltd to disclose details of a 2015 ‘lock-up’ agreement signed between the then respective majority owners—the Lok Jack and Ahamad families, and Jamaican billionaire Michael Lee Chin. The Minority shareholders are also saying the US$174 million offer made by the […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

NCB Financial Group’s Acquisition Of Guardian Holdings Limited Will Support Our Strategy To Expand Regionally And Provide Growth Opportunities- Hylton

NCBFG today announced that it launched through its wholly-owned subsidiary, NCB Global Holdings Limited (‘NCB Global Holdings’), an offer and take-over bid (the ‘Offer’) to all shareholders of GHL, a publicly-traded company incorporated in Trinidad and Tobago, to acquire up to 74,230,750 ordinary shares in GHL (the ‘GHL Shares’) for US$2.35 per GHL Share. The […]

Productive Business Solutions Announces Successful Closure of Transactions Through Costa Rica And Guatemala Subsidiaries

NCB Financial Group Limited announces launch of take-over bid to acquire majority stake in Guardian Holdings Limited

NCBFG today announced that it launched through its wholly-owned subsidiary, NCB Global Holdings Limited (‘NCB Global Holdings’), an offer and take-over bid (the ‘Offer’) to all shareholders of GHL, a publicly-traded company incorporated in Trinidad and Tobago, to acquire up to 74,230,750 ordinary shares in GHL (the ‘GHL Shares’) for US$2.35 per GHL Share. The […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

Guardian Holdings Board Satisfied With Half-Year Performance Achieved, Despite A Weak Performance Of The Economies In Which They Operate -Ganteaume

Henry Peter Ganteaume, Deputy Chairman of Guardian Holdings Limited (GHL) is reporting that Group Profit attributable to equity shareholders for the half-year ended June 30, 2017 amounted to TT$193 million, an increase of TT$31 million or 19% over the corresponding period last year of TT$162 million. The Group’s results he said continued to be driven […]

Productive Business Solutions Announces Successful Closure of Transactions Through Costa Rica And Guatemala Subsidiaries