Investment News
Trop-X Closing Prices for week ending 10 Nov 2017
| Company Name | Symbol | Price |
| Bodco Ltd | BOD | SCR24.00 |
| Cedarwood International Investments Limited | CIIL | USD1.00 |
| Sacos Group Ltd | SAC | SCR100.00 |
| Sea Harvest Investment Plc | SHI | USD1.00 |
| Seychelles Breweries Ltd | SBL | SCR66.00 |
| Southchester RF Limited | SCRF | ZAR109.00 |
| WM Med 5 Limited | WMUSM5 | USD1.00** |
| WM Aus Res 1 Limited | WMAUR1 | AUD1.00** |
| WM Cypress Ridge Limited | WMCR01 | USD1.00** |
| SA Res 1 Zero2One Limited | WMSAR1 | ZAR1.00 |
| Entrepreneur Resorts Limited | ERL | USD1.00 |
WM Med 5 Limited (WMUSM5) and WMUSM7 (WMUSM7) have declared a fourth and second interim dividend, respectively, of $0.02 per participation share to be paid to shareholders holding shares at 4.00 PM on 17 November 2017. The dividend will be paid on 21 November 2017.
Sacos Group Ltd (SAC) announced on Thursday that John Esther, the current CEO has elected not to renew his contract which ends on 30 November 2017 and further announced that Jennifer Morel will be replacing Mr Esther as CEO of SAC from 1 December 2017.
** Subscription price
The SCR is currently trading at 13.79 to the USD, an increase by 0.36% (when compared to last week), 16.02 to the EUR (decrease by 0.01%) and 18.12 to the GBP (increase by 0.08%). The average interest rates on T-Bills dropped at the end of the week to 2.46% for the 91-day maturity from 2.75% and 2.89% for the 182-day maturity from 3.14%, when compared to last week.This email address is being protected from spambots. You need JavaScript enabled to view it.
Contributed by Trop-X
Source: Seychelles Nation