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Deadline extended for WIOC shares despite threat of injunction

Deadline extended for WIOC shares despite threat of injunction
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By Orville Williams
Persons looking to purchase shares in the West Indies Oil Company (WIOC) Limited, as part of the divestment of 10 percent owned by the Government of Antigua and Barbuda, now have even more time to prepare applications with the announcement of May 21 as the new closing date.
Late last month, the government announced that it would divest the small percentage of its holdings in the company – amounting to 301,920 ordinary shares – toward raising approximately EC $18 million, to “fund a number of its critical capital projects”.
The offer opened on March 24 and was scheduled to run until April 21, until the announcement of the deadline extension. ....

Half Moon Bay , Saint Philip , Antigua And Barbuda , Gregory Georges , Natalia Querard , Orville Williams , Gaston Browne , Indies Oil Company , Eastern Caribbean Court , West Indies Oil Company , Executive Officer , Prime Minister Gaston Browne , பாதி நிலா வளைகுடா , துறவி பிலிப் , ஆன்டிகுவா மற்றும் பார்புடா , கிரெகொரி ஜார்ஜ்கள் , ஆர்வில் வில்லியம்ஸ் , காஸ்டன் பிரவுன் , இண்டீஸ் எண்ணெய் நிறுவனம் , கிழக்கு கரீபியன் நீதிமன்றம் , மேற்கு இண்டீஸ் எண்ணெய் நிறுவனம் , நிர்வாகி அதிகாரி , ப்ரைம் அமைச்சர் காஸ்டன் பிரவுன் ,

Public response to WIOC shares sale has been 'very good', firm says - Antigua Observer Newspaper

Public response to WIOC shares sale has been ‘very good’, firm says
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Members of the public have flocked to buy shares in the West Indies Oil Company (WIOC) since they went on sale last month, bosses claim.
And anyone still wishing to purchase some, now has another month to do so.
General Manager Gregory Georges told Observer yesterday that response to the sale had been “very good” but that he could not give specific details.
The regional oil storage and petroleum products provider has applied for an extension of time in which to sell 10 percent of the Antigua and Barbuda government’s stake in the firm. ....

Antigua And Barbuda , Gregory Georges , Natalia Querard , Gaston Browne , Eastern Caribbean Supreme Court , Indies Oil Company , Half Moon Bay Hotel , Eastern Caribbean Regulatory Commission , West Indies Oil Company , Manager Gregory Georges , Eastern Caribbean Regulatory , Minister Gaston Browne , Privy Council , Hurricane Luis , ஆன்டிகுவா மற்றும் பார்புடா , கிரெகொரி ஜார்ஜ்கள் , காஸ்டன் பிரவுன் , கிழக்கு கரீபியன் உச்ச நீதிமன்றம் , இண்டீஸ் எண்ணெய் நிறுவனம் , பாதி நிலா வளைகுடா ஹோட்டல் , மேற்கு இண்டீஸ் எண்ணெய் நிறுவனம் , அமைச்சர் காஸ்டன் பிரவுன் , பிரிவி சபை , சூறாவளி லூயிஸ் ,

Owner of Half Moon Bay Holdings applies to court to demand compensation from WIOC sales

Owner of Half Moon Bay Holdings applies to court to demand compensation from WIOC sales
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The former owner of Half Moon Bay Hotel, Natalia Querard has applied to the High Court to seek compensation for the sale of shares in the West Indies Oil Company (WIOC).
In an application for interim relief, Querard said that the attorney general – as represented in the application – had breached the terms of a charging order given by the court, by offering the public a collective 10 percent share in the oil storage company. For that reason, she also accused the government of contempt of court. ....

Natalia Querard , Anthony Astaphan , Elesha George , Eastern Caribbean Supreme Court , Indies Oil Company , Half Moon Bay Hotel , Indies Oil Company Ltd , High Court , West Indies Oil Company , West Indies Oil Company Ltd , Privy Council , கிழக்கு கரீபியன் உச்ச நீதிமன்றம் , இண்டீஸ் எண்ணெய் நிறுவனம் , பாதி நிலா வளைகுடா ஹோட்டல் , இண்டீஸ் எண்ணெய் நிறுவனம் லிமிடெட் , உயர் நீதிமன்றம் , மேற்கு இண்டீஸ் எண்ணெய் நிறுவனம் , மேற்கு இண்டீஸ் எண்ணெய் நிறுவனம் லிமிடெட் , பிரிவி சபை ,