Nov 2007 Financial News

Resumption of trading in Barbados Shipping & Trading Company Limited

Nov 23, 2007

On October 31st, 2007 The Trinidad and Tobago Stock Exchange Limited (the Exchange) informed the investing public that trading in the shares of Barbados Shipping &Trading (BS&T) had been suspended until further notice.

This decision by the Exchange was attributable to the fact that as a result of an action filed in the High Court by the Securities Commission of Barbados (the Commission) to suspend trading in BS&T shares, both the Barbados Securities Exchange and the Barbados Central Depository were prohibited from facilitating trades and settling such trades in the underlying security.

The Exchange wishes to advise the investing community that since the suspension order has been lifted by the Commission, cross border activity can now be resumed once more.


Source:
The Trinidad and Tobago Stock Exchange (TTSE)
Friday 23rd November, 2007