FINSAC Sells Stake In Ciboney Group radiojamaicanewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radiojamaicanewsonline.com Daily Mail and Mail on Sunday newspapers.
Directors of Ciboney Group Limited indicated last week that the Financial Sector Adjustment Company (Finsac), which has 72 per cent shareholding in the old resort company, is now finalising a .
The majority shareownership of Ciboney Group could change hands early next year.
Investors were last month, invited to submit their offers for the 72 per cent shareholding in Ciboney by Monday, November 8, 2021.
"If it is successful
Ciboney Group Limited has said it is not in possession of any material information that would have contributed to the recent trading levels in the company’s shares.