Apr 2008 Financial News

TCL - Extension of Submission Deadline

Apr 07, 2008

Trinidad Cement Limited (TCL) has written to the Exchange requesting an extension to the deadline for submitting its financial results for the year ended December 31st 2007. TCL is requesting the extension because of an outstanding issue to be resolved relating to a transaction which is material to the financial statements of one its subsidiaries. This transaction will result in a material adjustment to TCL’s consolidated financial statements and its Board considers it inappropriate to finalize the Group’s financial statements for 2007 without accounting for this transaction.

It is expected that the financial statements for the year ended December 31st 2007 will be submitted to the Exchange not later than April 30th 2008.


Source:
The Trinidad and Tobago Stock Exchange
Monday April 7, 2008