Nov 2013 Financial News

TCL - Appointment of Director

Nov 19, 2013

Trinidad Cement Limited (TCL) has informed the Stock Exchange that following his nomination as a Designated Director by the Restructuring Creditors under the Override and Intercreditor Agreements, the Board of Directors of TCL at its meeting held on November 4, 2013 has agreed to the appointment of Mr. Wayne Yip Choy as a Director to fill a casual vacancy pursuant to Paragraph 4.4.2 of Bye-law No.1.

The Restructuring Creditors include ANSA Merchant Bank Limited, Citibank (Trinidad and Tobago) Limited, First Citizens Bank Limited, International Finance Corporation, RBC Royal Bank (Trinidad and Tobago) Limited and Republic Bank Limited.

Mr. Yip Choy’s appointment will take effect from November 29, 2013 and will be valid until the next Annual Meeting of the Company at which he will be eligible for election by the shareholders.


Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday November 19, 2013