Home Tag "Trinidad And Tobago"

Corporate Movements: Berger Paints, tTech and Angostura Holdings

Berger Paints Jamaica Limited (BRG) has advised that Mr. Mustafa Turra has resigned from his current capacity effective August 15, 2017, having been employed as BRG’s General Manager since May 1, 2013. Mr. Andy Mahadeo will act as the Company’s General Manager until a replacement is in place. Angostura Holdings Limited has announced that with […]

Corporate Movements – Andrew Sabga Appointed Chief Executive Officer of ANSA McAL Group of Companies

Ansa McAL Group Pegs Turnaround On Recently Appointed CEO Andrew Sabga And Berger Acquisition.

Trinidad and Tobago based Ansa McAL Group is reporting marginal improvements in revenues of 2.38% in their Unaudited Financial Results for the six months ended June 30th 2017, as revenues from the home market grew by only 1.66% and overseas operations recording revenue growth of 4.8%. These numbers exclude the discontinued operations in 2016 which […]

Jamaica Producers Outline Initiatives Designed To Improve Product And Service Offering While Enhancing Operating Efficiency – Johnson

Angostura Holdings Reporting Reduced EPS of 0.21 cents versus 0.26 in 2016 – Balgobin

Dr. Rolph Balgobin Chairman of Angostura Holdings Limited, is blaming challenges with their waste water treatment facility and supply chin, which impacted shipments of branded and bulk rums to export markets, for the lower than expected financial results for the first half of the financial year. Addressing shareholders in the company’s just released summary consolidated […]

Ansa McAL Group Pegs Turnaround On Recently Appointed CEO Andrew Sabga And Berger Acquisition.

Massy Holdings Reporting 18% Decline In PAT Arising From Loss On Disposal Of Massy Communications Plus Year To Date Operational Losses

Robert Bermudez, chairman of Trinidad and Tobago based Massy Holdings, is reporting to shareholders that for the nine months ending June 30, 2017, the company declared after-tax profits of TT$318 million, an 18 per cent decline compared with the same period in 2016. The conglomerate’s results include a TT$72.3 million loss from discontinued operations, comprising […]

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

Corporate Movements – Andrew Sabga Appointed Chief Executive Officer of ANSA McAL Group of Companies

Norman Sabga Chairman of the ANSA McAL Group of Companies has announced the appointment of Andrew Sabga as the new Chief Executive Officer of the Group. The announcement was made yesterday at the presentation of the group’s half-year results at its head office in Port-of-Spain in Trinidad. BM

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

T&T Economy Continues to Taste the Medicine That Fiscal Reform Must Require In The Face Of Reduced Revenues – Lashley

Ingrid Lashley Chairman of National Enterprises Limited in her 2017 outlook to shareholders is reporting that in general, economic conditions are likely to remain challenging in 2017 as the economy continues to taste the medicine that fiscal reform must require in the face of reduced revenues. Notwithstanding this, preparatory work to facilitate new fields by […]

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

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 […]

Ansa McAL Group Pegs Turnaround On Recently Appointed CEO Andrew Sabga And Berger Acquisition.

ANSA McAL acquires 80% of Berger Paints Trinidad, To Now Make offer For Remaining 20%

The ANSA McAL Group in a filing on the Trinidad and Tobago Stock exchange has announced that it has now acquired more than 80% of the shareholding of Berger Paints Trinidad Limited including the acquisition of 500,000 ordinary shares held by Chan Ramlal Limited on July 31, 2017. The company has further announced that it […]

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

Sovereign Downgrades In Barbados As Well As Its High Debt To GDP Ratio Remain A Major Concern To First Citizens Group

Anthony Smart, Chairman of the Trinidad and Tobago based First Citizens Group, in a recent report to shareholders indicated that the recent sovereign downgrades in Barbados by both Moody’s and Standard and Poors, as well as its high debt to GDP ratio remain a major concern to the Group. He indicated further that they will […]

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

First Citizens Group Reporting Marginal Increase Of 1.1% In YTD Net Profits Of TT$498.5M – Smart

Trinidad and Tobago based First Citizens Group, comprising First Citizens Bank Limited and its subsidiaries, is reporting a marginal increase of 1.1% in year to date net profits of TT$498.5M, for the nine months ended June 30th 2017 when compared to the corresponding period in 2016. Profit after taxation for the three months ended June […]

Ansa McAL Group Pegs Turnaround On Recently Appointed CEO Andrew Sabga And Berger Acquisition.

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