MASSY has advised that at an Annual Meeting of the Company's Shareholders held on January 21, 2022, the Shareholders approved the recommendation of the Board of Directors, to subdivide each of the Ordinary Shares in the capital of the Company into twenty (20) Ordinary shares of no par value, with effect from March 11, 2022. Following the Share Split the authorized number of issued and outstanding Ordinary Shares in the capital of the Company will be increased from 98,969,227 to 1,979,384,540 Ordinary Shares of no-par value. March 11, 2022 has been set as the Record Date for the determination of those Shareholders eligible to participate in the Share Split.
The ex-stock split date will be March 10, 2022.
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Massy Holdings Ltd, published this content on 03 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2022 19:20:06 UTC.
Massy Holdings Limited is engaged in trading, service industries and finance in Trinidad and Tobago, the wider Caribbean region and Colombia. The Companyâs segments include Integrated Retail, Gas Products, Motors and Machines, Financial Services and Real Estate. The Integrated Retail segment is engaged in the sale of retail and wholesale distribution of food, pharmaceuticals, and general merchandise. Its Gas Products segment is engaged in the sale of liquefied petroleum gases and industrial gases, including nitrogen, oxygen and carbon dioxide. Its Motors and Machines segment is engaged in the sale of new and used vehicles, spare parts and industrial equipment and also includes the sale of lubricants and short- and long-term vehicle and equipment rentals. Its Financial Services segment includes a financing company that accepts deposits for fixed terms and grants installment credit secured by assets. Its Real Estate segment holds its investments in property sales and rentals in Barbados.