Express Business Filler #1

The public is being given an opportunity to invest in local real estate.

Endeavour Holdings Ltd (EHL) yesterday launched an initial public offering aimed at raised approximately $18 million.

The IPO opened yesterday and will close on November 15 at 4 p.m.

Through the IPO, EHL will offer 1,439,744 ordinary shares at a price of $12.50 per share.

EHL is hoping to be listed on the T&T Stock Exchange’s Small and Medium Sized Enterprise (SME) market.

CinemaOne Ltd, which operates IMAX Trinidad and Gemstone, is currently the only company listed on the SME market.

“The purpose of the IPO of EHL is to provide an opportunity for broader participation in ownership of commercial real estate in Trinidad and Tobago and to improve the liquidity of the shares of the Company,” the company stated in its prospectus, available on the T&T Stock Exchange website.


REPUBLIC Financial Holdings Ltd (RFHL) ended its 2019 financial year with a profit of $1.58 billion, an increase of $258.3 million or 19.5 per cent over the previous year.

The Housing Development Corporation (HDC) has ramped up efforts to reduce customer delinquency. The HDC announced that it has partnered with bill payment service, SurePay, to give customers an additional option to make their monthly payments.

A FINE drizzle falls over cocoa fields sheltered by ancient-looking immortelle and cedar trees on either side of the narrow, broken La Peyrouse pitch road between Gordon Village and Salvador in the misty Montserrat Hills.

INDUSTRIAL action, low productivity rates and work-quality issues among some civil works contractors have contributed to the delay in the scheduled completion of the Caribbean Gas Chemical Ltd (CGCL) plant on the Union Industrial Estate in La Brea, a company official told Express Business last week.

AMERICAN multinational technology company, Avaya, has partnered with TSTT to deliver a unified cloud-based communication solution to small to medium-sized businesses.