Oct 2008 Financial News

Gracekennedy Limited - Financial Crisis and Listed Company Exposure

Oct 03, 2008

In response to a request for information on the exposure of listed companies, arising from the United States financial crisis made by the Jamaica Stock Exchange, GraceKennedy Limited has advised that the Group does not have any direct exposure to Lehman Brothers or other US financial institutions, which are the subject of the US financial crisis reported in the media, which could potentially lead to losses or impairment of capital for our Group in general and, in particular, for our financial entities including First Global Bank Limited and First Global Financial Services Limited.


Source:
The Trinidad and Tobago Stock Exchange Limited
Friday October 3, 2008