Oct 2020 Financial News

Massy Holdings Ltd. - Notice of Material Change

Oct 05, 2020

The Company wishes to advise that pursuant to Section 64(1)(b) of the Securities Act, 2012, that on September 30, 2020 the Massy Group sold two companies, Massy Technologies (Trinidad) Limited and Massy Technologies (Guyana) Limited to PSB Technologies Group Limited (PBSTG) owned by the Musson Group, a long-established company which controls several listed companies in the region.

Although the sale of this business represent a divestment of a small percentage (three percent) of the Massy Group’s total assets, it means that Massy has excited its information technology and communication business.

Source:
The Trinidad and Tobago Stock Exchange Limited
Monday 5th October, 2020