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Financial News

Apr 2009 Financial News

TCL – Notice of Annual General Meeting and Dividends

Apr 07, 2009

Annual Meeting and Record Dates

Trinidad Cement Limited has informed the Exchange that its Board of Directors has fixed Tuesday 12th May, 2009 as the date for the Company’s Annual Meeting to consider the financial statements for the year ended 31st December, 2008. The Directors have also fixed 14th April, 2009 as the record date for shareholders entitled to receive notice of the meeting.

Dividends

In the context of the current regional and global economic and financial uncertainty, and given the need to maximize the utilization of internally generated cash to complete, by mid 2009, the final phase, (i.e. Cement Mill No. 5), of the Group’s capacity expansion project in Jamaica, the Board has taken the decision not to declare a final dividend for the year ended 31st December, 2008.

Shareholders will be notified of the above Board decisions through appropriate advertisements in the regional print media, as well as notices posted on the TCL Group website, commencing Tuesday 7th April, 2009.


Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday April 7, 2009