Tag: Trinidad and Tobago Stock Market 2015


1 May 2015


Who are the ANSA McAL Group?

ANSA McAL is the ultimate parent company of a diversified group of companies engaged in trading and distribution, manufacturing, packaging and brewing, insurance and financial services, and media and service industries. The group operates in Trinidad and Tobago, the wider Caribbean region and the United States of America. Read more…

Massy Holdings Limited – the group formerly known as Neal and Massy…

27 April 2015

Who are Massy Holdings Limited? Read more…

The West Indian Tobacco Company

20 April 2015

Who are the West Indian Tobacco Company?

The principal activity of the West Indian Tobacco Company (known locally as WITCO) is the manufacture and sale of cigarettes and other tobacco related products. WITCO is the leading manufacturer of cigarettes in the Caribbean and currently supplies twenty-two Caricom markets from its main base of operation in Champ Fleur.
The company aims to supply a defined portfolio of cigarette brands to informed adult consumers, supporting the company’s overall business strategy, while at the same time creating value for the shareholders of WITCO.
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The TCL Rights Issue, concrete boots and all…

27 March 2015

The TCL Rights Issue – In a Nutshell

TCL is offering all eligible shareholders the right to acquire up to 124,882,568 new shares at an issue price of $2.90 per share.
To be eligible shareholders must be resident in Trinidad and Tobago, and so long as they satisfy that requirement they can apply for one fully paid share for every two fully paid share they hold.
Under the rights issue TCL expects to raise $362,159,447 to be used in a manner as discussed below.
The closing date for accepting the offer is 4:00pm on the 31st march 2015.

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FirstCaribbean International Bank Limited – Valuation

9 March 2015

FCIB Valuation
FirstCaribbean International Bank Limited and its subsidiaries (FCIB) are registered under the relevant financial and corporate legislations of 17 countries in the Caribbean to carry on banking and other related activities. The Group’s parent company, FirstCaribbean International Bank Limited, is a company incorporated and domiciled in Barbados at Warrens, St. Michael. The ultimate parent company and controlling party is the Canadian Imperial Bank of Commerce (“CIBC”) which holds 91.7% of the Bank’s issued shares and is a bank holding company incorporated in Canada.
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