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Financial News

Sep 2019 Financial News

NCB Financial Group Limited - Update on Sale of Stake in Advantage General Insurance Company Limited

Sep 04, 2019

NCB Financial Group Limited (“NCBFG”) announces that the Financial Services Commission has advised of its non-objection to the sale of shares in Advantage General Insurance Company Limited by NCB Capital Markets Limited (“NCBCM”), a subsidiary of NCBFG, to Sagicor Investments Jamaica Limited, Fundy Bay Equity Holdings Limited and Resource In Motion. NCBCM expects to complete the transaction in the coming weeks, once other relevant conditions have been satisfied.

Source:
The Trinidad and Tobago Stock Exchange Limited
Wednesday 04 September, 2019