Dividends not declared at Telemedia AGM
Speculation on whether or not dividends will be declared at the tonight’s annual general meeting of Belize Telemedia Limited is over. News Five has confirmed the Telemedia board will comply with a decision from the Caribbean Court of Justice, ordering that dividends cannot be paid before December fourteenth. The AGM will, however, proceed at the Belize Biltmore Plaza. The government, which is the largest shareholder, will therefore not be getting somewhere around eight million in dividends.
No comments, I can’t believe it!!