818 results returned for search: "" category "Other" author Ahmed Elamin
expansion.
The company has teamed up with US investment giant Salomon Smith Barney and Boston-based Massachusetts Financial Services Institutional Advisors, Inc. to back its activities in Bermuda.
Gibbons Investment Management is one arm of the finan...
DATE: Jul 28, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
Bank of Bermuda Ltd. shareholders on Friday approved increasing authorised share capital by 100 million shares, the final erection in its defences against a hostile takeover.
At the special general meeting shareholders also granted approval for an ex...
DATE: Jul 27, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
The title "The Fourth Utility'' was intriguing, so about 100 people showed up to hear a talk about "intelligent buildings'' by SolutionInc Bermuda Ltd. and Lucent Technologies last Wednesday.
Computer whizzes, architects, engineers, property managers...
DATE: Jul 27, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
The suit by Bermuda Fire & Marine Insurance Co. Ltd. liquidators against the company's former directors and about 1,000 shareholders of BF&M Ltd. will be heard by Supreme Court in May next year.
The case is set to become one of the fiercely fought co...
DATE: Jul 23, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
ended June 30, a gain of 32 percent over the same period 1997.
Income excluding net realised gains was $102.7 million, about 22 percent above that of last year's third quarter. The gains also represent the inclusion of contributions from CAT Ltd. and...
DATE: Jul 23, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
TeleBermuda International Ltd. (TBI) lost $5.28 million, or $1.51 a share.
For the fiscal year ended December 31 the company had net revenue of $1.4 million, and expenses of $5.08 million, leading to a loss before interest, amortisation and taxes of ...
DATE: Jul 22, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
US-Virgin Islands based Atlantic Tele-Network, Inc. will receive a management fee of six percent of Bermuda Digital Communications Ltd. gross domestic revenues as part of its $4 million in equity and debt financing in the company.
Atlantic has taken ...
DATE: Jul 22, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
As the newly-elected president of the 600-strong Institute of Chartered Accountants of Bermuda, Senator Terry Lister said he will continue discussions with Government over the issue of limiting professional liability for firms in Bermuda.
"In recent ...
DATE: Jul 20, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
and long distance providers could lead to lower international prices for the company's customers.
Quantum, which offers voice and data services in the Hamilton market, is undercutting by 10 cents what rival Bermuda Telephone Co. Ltd. (BTC) charges in...
DATE: Jul 17, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
Bermuda-based insurers and reinsurers is part of the Bermuda Stock Exchange (BSX) overall strategy in developing its stake in the sector, chief executive officer William Woods said yesterday.
He was speaking by telephone from London where the FTSE/BS...
DATE: Jul 16, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
