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Solar shareholders receive dividend

Solar Enterprises shareholders have received a dividend of $9.25 per share stemming from the $8.5 million sale of its land holdings in the Turks and Caicos Islands earlier this year.

The company, which is expected to go into voluntary liquidation later this year, will make a final payout to investors as part of the liquidation process, company president Peter Pearman said on Friday.

Mr. Pearman also pointed out that incorrect information had been provided by the BSX on a company special general meeting, including that it was held on July 10. In fact, it took place on August 15.

In addition, the shareholders have not yet voted on either a compulsory repurchase of their shares or on voluntary liquidation, but only on its decision to delist from the BSX.