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Lasco Financial Services advised that an interim Dividend of 3 cents per stock will be paid on September 2, 2014 to shareholders on record at August 21.
The X-dividend date is set for August 19, 2014. The company last paid a dividend of 30 cents per share on March 8, last year, prior to a 10 for 1 split of the stock.
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[…] Access Financial Services has advised of the appointment of Messer’s Neville James and Gary Peart as shareholder Directors to the board of the company. The appointments will take effect at the end of the Annual General Meeting scheduled for September 10. James represents the his family side, while Peart will represent Mayberry Investments, one of the major shareholders in Access. The appointments will increase the number of board members, but still leave the board short of adequate number of independent directors to help guide the company and try to bridge the differences that have developed over the past few years, between the two major shareholders. The company needs some directors who will see to the monitoring and maintenance of corporate governance and good corporate practices, the absence of which resulted in some of the issue that is the subject of the dispute that is now the subject of a court battle. Following the announcement by Access, Lasco Financial Services advised of the resignation of Gary Peart from the Board of Directors of the company, with effect from September 2, 2014. This removes a conflict that existed, with Peart being a director of Mayberry as well as a director of Lasco Financial Services. […]