Carreras – Sale of Insurance company and Capital Distribution
September 13, 2004
12:00 am
Twickenham Insurance Company has been sold to Globe Holdings Ltd in which the completion date for the transaction was September 6, 2004. Arising from the transaction Carreras Gp. Ltd received proceeds of USD$ 31,943,858.13. At a Board of Directors meeting held on September 8, 2004, Directors declared a Special Capital
