The troubled digital media company iCreate is to outline its next move at a special press conference this morning in the aftermath of it being placed in receivership by financial giant Sagicor. News came late Wednesday that iCreate, which was.
KINGSTON, Jamaica - Sagicor has confirmed that all amounts owing from iCreate Limited to the bondholder and the trustee have been paid in full. “Consequently, the receivership will be terminated,” Sagicor said in a statement Wednesday afternoon. Sagicor said it is happy at this outcome and wishes iCreate all the best going forward. iCreate Limited is a digital and creative conglomerate based in Kingston. Last April, iCreate announced the resignation.
Trading in shares for digital media company, iCreate, has been suspended with immediate effect. This is the second time in just over three months that the Jamaica Stock Exchange (JSE) has suspended trading in shares for the troubled company..
Private equity investor Anthony Dunn and marketing and tourism aficionado Donovan White are now members of the board of junior market-listed company iCreate. Dunn is currently the chief investment officer of Delta Capital Partners Limited and will.
Shareholders and axed directors were left stunned as former CEO, Tyrone Wilson, staged a surprise return to the board of beleaguered technology company, iCreate. Wilson's return has been accompanied by the removal of four directors from the.