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PHOTOS: 70 years since Esso Oil Refinery was put into action dailyecho.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyecho.co.uk Daily Mail and Mail on Sunday newspapers.
WIOC TO DOUBLE ITS SERVICE CAPACITY WITH NEW MOORING BERTH abstvradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abstvradio.com Daily Mail and Mail on Sunday newspapers.
Spread the love Last Friday was the final day for residents to purchase their stake in West Indies Oil Company (WIOC). The government of Antigua and Barbuda announced in March that it was divesting 10 percent of its holdings in the oil company. Fifty percent of the offer was reserved for public servants and the remainder for other citizens and institutions of Antigua and Barbuda, the OECS and Caricom. The share offer price was fixed at EC$60 per share with a minimum allocation of 50 shares per applicant. The offer was to end on April 21 but was extended to May 21. CEO of the oil company, Gregory Georges, told Observer the investments are now being collated. ....
Today marks the final day in this phase of West Indies Oil Company’s (WIOC) divestment of shares offer. The proposition which began on March 24 aims to make 10% of Government’s stake in the company available to private citizens and corporate entities. Each investor must purchase a minimum of 50 shares at EC$60 per share which amounts to an EC$3,000 investment. Initially scheduled to end on April 21, the offer was extended to allow corporate entities time to fine tune arrangements based on their fiscal position. The maximum number of shares available to these entities was also revised. If Antiguans and Barbudans do not capitalize on the 301,920 shares available, the offer will pass to the wider OECS region. ....
Elderly couple escape blaze unharmed antiguaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from antiguaobserver.com Daily Mail and Mail on Sunday newspapers.