AML Foods Limited has declared dividends of $0.02 to shareholders of record date as of December 22, 2016, payable on December 29, 2016.
AML Foods Limited 2nd Quarter Financials 2016
AML Foods Limited has released their Financial Statements for the second quarter of 2016. The financial statements can be viewed in the Quarterly Reports Section under the AML Foods’ News Tab of the website.
BISX Holds Listed Issuer Conclave
FOR IMMEDIATE PUBLICATION
BISX FURTHERS ENGAGEMENT WITH LISTED ISSUERS
FOR IMMEDIATE PUBLICATION – Friday, 9 December 2016
The Bahamas International Securities Exchange (BISX) spent Thursday, 1 December 2016 in a closed session conclave with its Listed Issuers. The purpose of the BISX 2016 Listed Issuer Conclave was to meet with senior representatives of Listed Issuers to discuss their duties and responsibilities to the market, as well as to discuss the fundamental regulatory principles and overall mission of the Exchange. The meeting was specifically limited to senior representatives to ensure that all participants were individuals who were tasked with compliance with BISX’s Rules.
BISX Chief Executive, Keith Davies commented on the Conclave: “The Exchange communicates and meets with its Issuers one-on-one on a regular basis, however our reasoning behind this Conclave was to bring as many of our Issuers as possible into one room at the same time. The goal being, of course, to facilitate the exchange of ideas and information not just from the Exchange to its Issuers, but also from the Issuers with each other. The attendance at our meeting was outstanding and it was good to receive the overwhelming positive feedback from our Listed Issuers regarding their participation and depth of learning.”
The Conclave featured four modules intended to provide issuers with the principles regarding how the Exchange’s rules were enforced and more importantly, why the rules are in place. The purpose of each module was to provide issuers with a deeper understanding of the Exchange’s regulatory regime. The Modules were:
- Listing on BISX – This session was presented by BISX Chief Operating Officer, Holland Grant, who identified the guiding principles of these BISX Rules as: Capital Formation, Market Development and Suitability.
- Issuer’s Continuing Obligations – This session was presented by BISX CEO, Keith Davies, who identified the guiding principles of these BISX Rules as: Transparency, Confidence and Security.
- Trading on BISX – This session was presented by Mr. Davies and Mr. Grant jointly, the guiding principles identified for this session were: Transparency, Price Discovery and Equitable Access.
- Corporate Governance – This session was presented by Miss Odecca Gibson from the Securities Commission of The Bahamas, who spoke about the existing Corporate Governance Framework in Bahamian law, International Standards related to Corporate Governance, as well as considerations for Company’s Boards and Senior Management.
Speaking of the Conclave, Mr. Lyrone Burrows President of Famguard Corporation stated, “I was delighted to have been a participant at the 1st BISX Listed Issuer Conclave. The session brought further clarity to the roles and obligations of all stakeholders associated with the local capital markets and provided the opportunity for listed issuers to interact with executives of the exchange in a less formal setting. I definitely look forward to future sessions of this nature. Great job BISX!”
Mr. Hans Neven Managing Director of Commonwealth Brewery commented “I found the session very informative and professionally conducted. It’s clear BISX has taken steps to make itself more user-friendly and accessible. I believe BISX is well on its way to achieving global standards and continued growth”
BISX was also pleased to welcome the Securities Commission of The Bahamas (the “SCB”) to speak on Corporate Governance and for participating in the Conclave through their Market Surveillance Department. Mr. Davies noted “We are grateful to the Commission’s Executive Director Ms. Christina Rolle for agreeing to participate in this conclave. We wish to thank Ms. Odecca Gibson for speaking on Corporate Governance and Ms. Sandra Duncombe and her Market Surveillance team for participating as well. The relationship between BISX and the Securities Commission is a necessary strong pillar to the effective regulation of the Bahamian capital markets and we look forward to many more collaborations of this nature.”
For Additional Information Contact:
Elude Michel-Sturrup
Tel: 242-323-2330
Fax: 242-323-2320
Email: info@bisxbahamas.com
Doctor’s Hospital Health System Dividend Notice (Dec. 2016)
Doctor’s Hospital Health System has declared dividends of $0.04 to shareholders of record as of December 21, 2016, payable on December 28, 2016.
Doctors Hospital Health System 2017 3rd Qtr Financials Published
Doctors Hospital Health System has published their Financials for the period ending 31 October 2016. They can be found in the “News” Tab of the Doctors Hospital section of the BISX website.
FOCOL Publishes 2016 Annual Financials
FOCOL Holdings Limited has published their audited Annual Financials for the period ended 31 July 2016 they can be found in the “News” Tab of the FOCOL section of the BISX website
APD Limited Dividend Notice (Dec 2016)
APD Limited has declared a dividend of $1.00 per share to shareholders of record as of 15 December 2016 payable on 29 December 2016.
FAMGUARD Corporation Limited Dividend Declaration (Dec 2016)
FAMGUARD Corporation Limited has declared a dividend of $0.06 per share to shareholders of record as of 12 December 2016 payable on 14 December 2016.
CHLA Dividend Declaration (Dec 2016)
Colina Holdings Bahamas Limited has declared dividends for its Class A Preference Shares (CHLA) for a total amount of $664,062.50 to shareholders of record as of 31 December 2016 payable within 10 days of the record date
Benchmark Bahamas Limited – 3rd Qtr Financials Published
Benchmark Bahamas Limited (Benchmark) has published their Financials for the period ending 30 September 2016. They can be found in the “News” Tab of the Benchmark section of the BISX website.