Home' Trinidad and Tobago Guardian : March 30th 2014 Contents A35
March 30, 2014 www.guardian.co.tt Sunday Guardian
Sagicor Financial Corporation
NOTICE OF RECORD DATE FOR
PAYMENT OF FINAL DIVIDEND
ON CONVERTIBLE REDEEMABLE
PREFERENCE SHARES AND
CURRENCY CONVERSION FOR BDS$
NOTICE is hereby given in accordance with the Companies Act
Cap 308 of the Laws of Barbados that the Directors of Sagicor
Financial Corporation ("the Company") have by resolution
declared a nal dividend of 3.25 cents per share United States
currency (US$) on the outstanding Convertible Redeemable
Preference Shares (Preference Shares) in the capital of the
Company for the year ended December 31, 2013, to be paid on
May 15, 2014 to the Preference Shareholders of record at the
close of business on April 15, 2014.
NOTICE is further given that the Directors of the Company have
by resolution xed the currency conversion rate of US$0.50 to
BDS$1.00 for the payment of the nal dividend in Barbados
currency (BDS$) to Preference Shareholders resident in
Preference Shares will trade "ex div" from April 11, 2014. Only
those Preference Shareholders of record on April 15, 2014 will be
entitled to receive the nal dividend.
Dated March 28, 2014.
By Order of the Board of Directors
Althea C. Hazzard
• Continued from
currently do some things,
but we are confident that
Gulf has what it takes to
serves her husband
John Gonzales, out-
director at Gulf
Insurance, a piece of
retirement cake to
the cheers of
incoming CEO Jason
get it done," he told
guests at the company s
40th anniversary cele-
brations at the Kapok
Hotel in Maraval.
"We have a well-learnt
employee base on which
to continue to build and
train the next generation
in the Gulf way. Though
we are a few (in number)
we have more than 800
years of valuable insur-
ance specific experience
within our home.
Clarke said: "We live
in a time where the use
of technology is ever
present and used in some
form or the other by the
oldest to the youngest.
As we progress into the
future, we will thus be
embracing fully to use of
all technological modes
to deliver our product
Clarke said Gulf s aim
is to be competitive based
on the total customers
experience at Gulf.
"We need to start
accepting and in some
instances taking the lead.
We aim to educate our
customers on the merits
of insurance and what it
represents and not the
commonly held belief
that it is just a certificate
to present to the police
at a roadblock," he said.
Looking to a
DETROIT---General Motors announced two more
recalls, bringing to 4.8 million the number of cars,
trucks and SUVs the automaker has called back for
repairs in the past month.
The string of recalls, topped by an ignition switch
problem in compact cars now linked to 13 crash
deaths, has embarrassed the company and sidetracked
its new CEO, who started work just over two months
ago. GM has admitted knowing about the switch
problem a decade ago, yet it didn t recall any cars
until February. The recall delay has brought two con-
gressional investigations and probes by the Justice
Department and the National Highway Traffic Safety
Late on Friday night, GM announced it would
recall 490,000 late-model pickup trucks and SUVs
because transmission oil cooling lines weren t secured
properly in their fittings. Transmission oil can leak
from a fitting and hit hot surfaces, causing fires, the
company said in a statement. GM said it knows of
three fires and no injuries.
The recall affects Chevrolet Silverado and GMC
Sierra 1500 pickup trucks from the 2014 model year,
as well as 2015 Chevrolet Suburban and Tahoe SUVs
and the GMC Yukon and Yukon XL SUVs. All have
six-speed automatic transmissions.
The Silverado is GM s top-selling vehicle and an
important profit centre for the company. The GMC
Sierra also is among GM s top sellers.
Dealers will inspect the transmission oil cooling
line fittings and make sure they re securely seated,
at no cost to owners.
Also on Friday night, GM announced the recall of
172,000 Chevrolet Cruze compact cars because the
right front axle shaft can fracture and separate while
The recall affects cars from the 2013 and 2014
model years equipped with 1.4-litre turbocharged
four-cylinder gasoline engines.
If a shaft fractures, the wheels would lose power
without warning and the cars would coast to a stop.
GM says it has warranty reports of several dozen
shaft fractures. It is not aware of any crashes or
injuries. Dealers will replace the shafts free of charge.
The recall allows dealers to resume selling affected
Cruzes. GM issued a stop sale order on the cars
Two more recalls
push GM total to
4.8m in a month
Links Archive March 29th 2014 March 31st 2014 Navigation Previous Page Next Page