Cable Bahamas to trade at $1m each

Kino Williamson (l), Head of Finance, Cable Bahamas, Scotia Investment CEO, Lissant Mitchell. Also sharing the moment (from left) are Marlene Street Forrest, Managing Director Jamaica Stock Exchange, John Gomez, COO Cable Bahamas and Dylan Coke, of Scotia Investments

The Bahamian based telecommunication group, Cable Bahamas (CBL) listed two preference shares on the Jamaica Stock Exchange (JSE) on Friday. The shares represent capital raised in Jamaica and US dollars in Jamaica by way of private placements. The stock listed on the Jamaican dollar preference section of the local market will trade with a minimum of $1 million each.
A total of J$1.9 billion was raised, comprising two preference shares at 8 percent each, amounting to US$4.9M and J$1.35 billion from a number of institutional investors arranged by Scotia Investments. The funds raised were used to launch its mobile telephony services in the Bahamas.
“Scotia Investments is pleased to have been able to support CBL in listing these bonds on the Stock Market. Being able to do a transaction like this – a preference share, listed on the JSE, for an overseas issuer – is further evidence of the depth and sophistication of Jamaica’s capital markets” said Dylan Coke, Scotia Investments, VP Organization & Capital Markets.
Cable Bahamas is a public company incorporated on September 1994 under the laws of The Bahamas and listed on the Bahamas International Securities Exchange. Subsidiaries provide cable television and related services, national and international data services, internet services, telephony and wireless, web hosting and business continuity services. The subsidiaries of the company include Cable Freeport Ltd., Caribbean Crossings Ltd., Maxil Communications Ltd., Systems Resource Group Ltd., and Be Aliv Ltd.
The group which were already providing landline telephone service, commenced Cellular phone service late in 2016 after receiving a cellular license. According to the Group’s CEO John Gomez we have around 30 percent of the mobile market with an overall market size of BH$300 million.
The company is not considering listing the ordinary shares in Jamaica at this time but are open to considering it at some point in the future, the groups’ Kino Williamson (l), Head of Finance advised IC Insider.com.

 

Обновили на порносайте pornobolt.tv порно страничку о том как парень выебал пизду мачехи, которая устала от своего муженька Комиксы, Манга читать онлайн на Русском языке

Brand new Partner with our doctors to make you happy is Omtogel RTP

Play Pin-up aviator Slots and e-Diet in Polska.