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Financial News

Jan 2021 Financial News

Trinidad Cement Limited - Notice of Cessation of Business of TCL Packaging Limited

Jan 25, 2021

Trinidad Cement Limited (TCL or the Company) hereby advises that by written resolution dated January 20, 2021, the Board of Directors of the Company considered and unanimously authorized execution of a Shareholder Resolution in respect of the cessation of the business of TCL Packaging Limited (TPL) – a subsidiary of TCL (the Shareholder Resolution).

Pursuant to the Shareholders Resolution, TPL shall cease to carry on business effective February 15, 2021.

TCL holds eighty percent (80%) of the total issued and outstanding share capital of TPL.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Monday 25th January 2021