BDIL’s saySir Allan Fields. (FP)
Wed, April 25, 2012 - 12:11 AM
Barbados Dairy Industries Limited (BDIL) has responded to growing concern among shareholders about its plan to delist next month.
Chairman Sir Allan Fields said rumblings over the Banks Holdings Limited (BHL) subsidiary’s decision to delist from the Barbados Stock Exchange would be discussed at a meeting of BDIL’s board of directors tomorrow.
Sir Allan also rejected criticism that the delisting eliminated a market for shareholders to sell their shares.
Furthermore, he said BDIL, which trades as Pine Hill Dairy, had already informed shareholders that it would try to put shareholders who wanted to sell in contact with willing buyers. (GE)
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