Looks like it’s APO season! Sygnus Credit Investments plans to raise billions of Jamaican dollars in its additional public offer (APO). But is this for you or for big pension funds? It’s been almost a year since we started hearing talking about Sygnus coming to the market with some type of offer. CEO Berisford Grey broke the news on Taking Stock just before Christmas last year. But those plans were delayed by COVID-19, which initially hit Jamaica in March. Well, looks like they’re finally ready to get back on track. The company held an Extraordinary General Meeting on September 29, where shareholders approved the APO.
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