{"id":241960,"date":"2003-04-28T10:30:22","date_gmt":"2003-04-28T14:30:22","guid":{"rendered":"https:\/\/www.bahamasb2b.com\/news\/2003\/04\/firstcaribbean-faces-shareholder-protest"},"modified":"2003-04-28T10:30:22","modified_gmt":"2003-04-28T14:30:22","slug":"firstcaribbean-faces-shareholder-protest","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2003\/04\/firstcaribbean-faces-shareholder-protest","title":{"rendered":"FirstCaribbean Faces Shareholder Protest"},"content":{"rendered":"<p>First Caribbean International Bank (Bahamas) faced protests from minority shareholdersangered by the substantial loss their investments had suffered as a result of the bank&#8217;s rights offering, but directors again refused to explain how the $6.10 issue price was calculated during a heated annual general meeting.<br \/>\n<P><br \/>\nThe meeting became heated when Julian Brown, president of Benchmark Bahamas questionedthe bank&#8217;s chairman Michael Monsoor and the auditors, PricewaterhouseCoopers about the rights offering valuation and subsequent decline in share prices following the merger.<br \/>\n<P><br \/>\nMr. Monsoor said he was not prepared to answer any questions about the specifics behind the valuation of the rights offering price.<\/p>\n<p><P><B>Source: The Tribune<\/B><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors upset over fall in investment value<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[],"tags":[],"class_list":["post-241960","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/241960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=241960"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/241960\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=241960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=241960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=241960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}