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THREE recent acquisitions by subsidiaries of Massy Holdings Ltd have underlined its status as a major employer and stimulant to the regional economy, a reminder of the impact and potential reach of conglomerates originating in the local marketplace. The company this month announced the US$47 million acquisition of Rowe’s IGA Supermarkets, a Florida supermarket chain.
Endeavour Holdings Ltd (EHL) has seen an increase in after-tax profits of $51.5 million, from $10.9 million in October 2021 to $62.4 million as of October this year. In its six-months unaudited financials, released on Wednesday, EHL said its improved profitability includes a gain of $43.8 million arising from the acquisition of Massy Properties (Trinidad)
Massy Holdings Limited is disposing of Massy Properties (Trinidad) Limited (MPTL) to Endeavour Holdings Limited (EHL) in its latest divestment of non-core subsidiaries. The disclosure was posted...
Massy Properties, the owner of the land at Mangrove Pond, St Thomas, which has been occupied by waste hauler Anderson Cherry for his Project Recycling business, has been issued a stop notice by the Town & Country Development Planning Office, in relation to the excavation work taking place there. When contacted, managing director of Massy Properties, Shane Sandiford, confirmed that the notice had been received and “was being passed on …
Proven Investments Limited (PROVEN) through a recent sale agreement wit...