Jan 2006 Financial News

Risk Management Services Management Buyout.

Jan 15, 2006

The Guardian Holdings Limited (GHL) Group has announced the sale of Risk Management Services Limited (RMS), formally a wholly owned subsidiary of GHL, to the management team. RMS offered Alternative Risk Financing including: Captive Feasibility Analyses; Self-Insurance Programmes; Hedging Analyses; Self-Retention Assessments; Other Risk Financing Studies. The signing of the deal to buy 100% of the shares held by the Group has been viewed as one that is not a material transaction and as such should not significantly affect the bottom line of Guardian Holdings Limited.