📰 Mandeville Group News
Mandeville Group News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Mandeville Group. Real-time updates on events, politics, business and more.
November 22, 2023
Businessman and investor Michael Lee-Chin is to meet with Portland Holdings bondholders for a discussion on the company’s liquidity and ending of the hiatus of dividends from NCB. It comes amid delayed payments on bonds issued by Portland. Lee-Chin...
July 26, 2023
His departure, effective July 31, has kickstarted other executive shifts
January 1, 2021
Portland Barbados Limited, part of billionaire Michael Lee-Chin’s Portland group of companies, is seeking to raise up to US$4 million, or nearly J$600 million, in a bond offer. Some shares in NCB Financial Group Limited, NCBFG, and the Lee-Chi- owned swanky Trident Castle villas in the parish of Portland in Jamaica – the parish of Lee-Chin’s birth – are being put up as security for the bond. The amount of NCBFG shares being used as collateral is equivalent to 60 per cent the value of th...