Home' Trinidad and Tobago Guardian : May 28th 2015 Contents A56
Guardian www.guardian.co.tt Thursday, May 28, 2015
NOTICE TO SHAREHOLDERS
Agostini's Limited (AL) and Goddard Enterprises Limited (GEL) are pleased to advise our shareholders,
that we have agreed to the formation of a jointly-owned company, Caribbean Distribution Partners
Limited (CDPL), into which will be transferred all of the companies in our respective groups in the Fast
Moving Consumer Goods (FMCG) sector, in the countries noted below, with effect from July 1, 2015.
The companies to be transferred into CDPL are as follows:
Trinidad: Hand Arnold Trinidad Limited (100%)
Barbados: Facey Trading Limited (100%)
Guyana: Desinco Limited (40%)
Barbados: Hanschell Inniss Limited (100%)
St. Lucia: Peter & Co Limited 100%, Bryden & Partners Limited (100%)
St. Vincent: Coreas Distribution Limited (100%)
Grenada: Independence Agencies Limited (55%)
CDPL will be 50/50 owned by the two Groups, and, based on an independent valuation by KPMG,
Agostini's Limited will be required to pay Goddard Enterprises Limited US$11.7 million, subject to net
book value adjustments at the closing date. The CDPL companies will continue to operate in six regional
markets with 2015 revenues of approximately US $230 million. Both Groups have a long and successful
history in the FMCG distribution sector and see the formation of this joint venture as an opportunity to
further improve the products and service to our customers, and extend our distribution reach and
marketing capabilities for our principals and proprietary brands.
Agostini's Limited is a Trinidad & Tobago 89-year-old publicly traded Group in the distribution and
services sector, and Goddard Enterprises Limited is a 94-year-old publicly traded conglomerate based in
For additional information on AL and GEL, visit our websites at
www.agostinislimited.com and www.goddardenterprisesltd.com.
May 26th, 2015 J. P. Esau
Goddard Enterprises Limited
PARIS---Simona Halep became the
highest seeded player to exit the
French Open so far as last year s
runner-up lost 7-5, 6-1 to Mirjana
Lucic-Baroni in the second round
The third-seeded Halep, who
reached her first major final at
Roland Garros in 2014, struggled
from the start on Court Suzanne
Lenglen and was overpowered in the
second set, slumping to her second
straight defeat against her 70th-
ranked opponent. The Croatian had
also beaten Halep at the US Open
"It was difficult because I didn t
feel the game," Halep said. "I don t
have a good feeling of my game, and
that s why I couldn t change some-
Lucic-Baroni hit an ace on match
point and raised both arms in
delight. She finished with 29 win-
ners, compared to five for Halep.
"It s incredible, she s just a great
champion and I respect her so
much," Lucic-Baroni said. "It s such
a huge win."
Up next for the Croatian is local
favorite Alize Cornet.
"I wish at least three people will
cheer for me in that match," Lucic-
Earlier, defending champion Maria
Sharapova limited her mistakes to
just eight unforced errors as she beat
Russian Fed Cup teammate Vitalia
Diatchenko 6-3, 6-1.
Romania's Simona Halep falls during her loss to Croatia's Mirjana Lucic-Baroni
during their second round match of the French Open tennis tournament at the
Roland Garros stadium, yesterday. AP PHOTO
She will now get an early test
in her bid for a third French
Open title, having set up a third-
round match against 2010
French Open finalist Samantha
Stosur. The Australian swept to
a 6-0, 6-1 victory over French
wild card entry Amandine
The rout extended Stosur s
winning streak to seven matches
after she arrived in Paris on the
back of her first title this year
In men s play, second-seeded
Roger Federer made light work
of Marcel Granollers, winning
6-2, 7-6 (1), 6-3, while 2014
Australian Open winner Stan
Wawrinka reached the third
round with a 6-3, 6-4, 5-7, 6-
3 defeat of Dusan Lajovic. No.
5 Kei Nishikori, No. 12 Giilles
Simon and 14th-seeded Jo-Wil-
fried Tsonga advanced in straight
Gael Monfils was given a hard
time on center court by Diego
Schwartzman before rallying
past the 62nd-ranked Argentine
4-6, 6-4, 4-6, 6-2, 6-3.
The 26th-seeded Stosur has
not beaten Sharapova since a
match on hard court in Tokyo
three years ago, with Sharapova
boasting a 14-2 career record
against the Australian veteran.
"Playing Maria is always a big
challenge for me," Stosur said.
"No matter what surface it s on,
I don t have a very good record
But Stosur can take confi-
dence from their previous match
on the Parisian clay in the fourth
round last year, when she led
6-3, 4-3 before Sharapova won
the next nine games.
"It s one of those matches
that s a tough matchup, but I
know I ve got the game that can
trouble her, and hopefully I can
do it well and we will see what
happens," Stosur said.
After reuniting last month
with former coach David Taylor,
Stosur is hitting form at the
right time. Before Strasbourg,
where the 2011 U.S. Open cham-
pion won a seventh career title,
Stosur had won back-to-back
matches just once in 10 tour-
She said her good spell of
form is mainly due to her
renewed partnership with Tay-
"I think going back with Dave,
that s given me confidence," Sto-
sur said. "That s probably a con-
tribution, and then playing on
a surface that I feel good on.
Been able to get over a couple
of injuries again. It all I guess
makes for a better kind of couple
Sharapova s main focus at the
moment is to fully recover from
her cold after winning the Italian
Among other seeded women
to advance were No 11 Angelique
Kerber, No 13 Lucie Safarova and
No 20 Sabine Lisicki.
Last year's runner-up Halep exits French Open
PARIS---Venus Williams has been
fined $3,000 by tournament organizers
for not showing up at a news confer-
ence following her first-round exit at
the French Open.
After the 15th-seeded Williams lost
7-6 (5), 6-1 to Sloane Stephens on Mon-
day, she snubbed the media, instead
issuing a short statement to the press.
It was Williams second opening
defeat in three years at Roland Garros.
At 34, the seven-time major champion
was the oldest woman in the women s
draw this year in Paris.
It also was the fifth time in the last
13 Grand Slam tournaments she s
entered that Williams was eliminated
in the first round.
Venus Williams fined
after snubbing media
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