The Latest: UK horse races, including Derby, postponed

first_img___The Italian and Catalan MotoGP races have been postponed because of the coronavirus outbreak.The motorcycling series has yet to start its season. Eight MotoGP races have now been called off because of the virus.The Italian Grand Prix was scheduled for May 31 at the Mugello Circuit and would have been followed the next weekend by the race at the Circuit de Catalunya in Barcelona.Organizers say new dates for those races “cannot be confirmed until it becomes clearer when exactly it will be possible to hold the events.” April 7, 2020 South Korea reported 47 new cases for the second consecutive day as infections continued to wane in the worst-hit city of Daegu. Those are the smallest daily jumps since Feb. 20. The country was reporting about 500 new cases per day in early March.But there’s still concern over infections linked to passengers arriving from overseas.The KBO announced last month that it was postponing the start of its season but that it still hoped to maintain a 144-game regular-season schedule. It then said it could ban spectators from games when infection risks were high.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 The Latest: UK horse races, including Derby, postponed The league president says it has been “impossible” to reach a deal with players on the salary reductions needed to reduce the financial impact of the crisis but he expects the majority of the clubs to reach agreements with players.___South Korea’s professional baseball league says it hopes to start practice games between teams on April 21 before possibly opening the season in early May.The Korea Baseball Organization says the plans are contingent on the country’s coronavirus caseload continuing to slow.The KBO will advise players to wear face masks in locker rooms and require them to download smartphone apps to report their daily health status to league officials. ___The president of the Spanish soccer league says he is not contemplating returning to action before the end of May.The country is expected to remain under lockdown until April 26.Javier Tebas says other scenarios are also being studied. They include having the European competitions restarting only by the end of June and not conflicting with the domestic leagues.Tebas says it is very likely the league will restart with games in empty stadiums and that matches in venues with reduced capacity will also eventually be an option. Associated Press Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___Two of the biggest meetings in the British horse racing calendar have been postponed amid the coronavirus outbreak, despite previous hopes that the sport could return by the start of May. The Jockey Club says the Guineas Festival at Newmarket on May 2-3 and the English Derby Festival at Epsom on June 5-6 will not be staged on those dates.Organizers are looking at alternative dates for the meetings “given the importance of (them) to the careers of that generation of horses, and the racing and bloodstock industries as a whole.”The Derby is the most prestigious flat race in Britain, while the 1,000 and 2,000 Guineas take place at the Newmarket meeting in early May.The Jockey Club said a decision needed to be made on postponing the meetings as trainers wanted to know whether to step up preparations for the races.Racing has officially been suspended until the end of April, and the British Horseracing Authority was hoping for a resumption on May 1.last_img read more

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Warriors alive after Walton show

first_imgTHE Guyana Amazon Warriors kept their 2017 Hero Caribbean Premier League campaign alive after opener Chadwick Walton waded into the Barbados Tridents’ attack to hasten a four-wicket win last evening at the National Stadium, Providence.The Warriors season as of last night was quickly becoming a matter of pride. With one win from six games, a loss last evening could have severely dented the Warriors semi-final qualification chances.But, Walton clubbed a brutal 92 off just 57 balls, with seven fours and six sixes, in a clinical show of power. His approach to what seemed a stiff target was simple outstanding, as the Warriors reached 160-6, with five balls to spare.With five runs needed from the last over, Assad Fudadin hit a first-ball four before a wide secured the win.Earlier in the evening, the Warriors were brutalised by a Dwayne Smith storm, who chalked up his fourth T20 century, with a brutal display of hitting that set the hosts a challenging target.Smith, once a Warriors recruit, bullied his way to a magnificent 100 from just 70 balls, as the Warriors bowlers had little answer to his broad strokes, knowing that their margin for error was so small.However, there is not a lot any bowler can do when Smith is in this kind of mood. He smashed ten fours and five sixes.Dwayne Smith after reaching his fourth T20 hundred. (Photo: Adrian Narine)But the Warriors had only themselves to blame for the debacle, as they made one costly blunder in the 13th over when Smith received an unexpected lifeline when Keemo Paul had him caught on the long-on boundary off a no-ball, which was confirmed from multiple replays.The Warriors were left ruined after the let-off, with their bowlers erratic in the final stretch, leaking 81 runs in the last seven overs.Asked to bat first, the Tridents endured two quiet overs before Smith got the innings going, with three boundaries off Sohail Tanvir, hitting the first through cover, the second wide of mid-on and the third pulled imperiously into the deep backward square leg region.But the steady rotation in the bowling department allowed the Tridents only ten runs in the next three overs, as they exited the Powerplay at 27 without loss.Both Smith and Kane Williamson (47 off 43), played responsibly in the middle-overs, striking occasional boundaries, but making clear efforts not to give their wickets away, and at half-way through the innings they were 61-0.However, their patience paid dividends, and they added 107 for the first wicket, which set the tone for the tourists.Smith continued the assault, and even the dismissal of Williamson in the 16th over to leg-spinner Rashid Khan could not prevent the onslaught.Joined by his captain, Kieron Pollard, Smith also dominated the 47 run second-wicket stand, hitting 19 runs each off Paul and Rayad Emrit in the 18th and 19th overs, respectively.He brought up his century in the final over bowled by Tanvir. In that over the visitors lost three wickets, including both Smith and Pollard, along with Nicholas Pooran.The Warriors were off to a solid beginning as their new opening combination of Walton and Tanvir, in for the out-of-form Martin Guptill, put on 48 in 31 balls before the latter was removed by Imran Khan for 16.Gajanand Singh joined Walton, but his stay at the crease was short, and at the end of the Powerplay, the Warriors were 71-2.Unperturbed by those dismissals, Walton raised his fifty just off 27 balls, with five fours and three sixes. He and Guptill added 71 for the second wicket, with the captain contributing 27 off 33 balls.However, both were dismissed in the 17th over, bowled by Pollard, with the Warriors 15 runs short of the target.Jason Mohammed and Assad Fudadin took the score to 152 before Pollard removed Mohammed and Paul off consecutive balls in the 19th over.The Warriors will now play the St Lucia Stars tomorrow from 18:00hrs.SCOREBAORDBARBADOS Tridents inningsD Smith c Singh b Tanvir 100K Williamson c Permaul b Khan 47K Pollard c Khan b Tanvir 6N Pooran b Tanvir 0S Springer not out 0T Webster not out 2Extras: (lb-2, nb-2) 4Total: (four wickets; 20 overs) 159Fall of wickets: 1-107, 2-152, 3-157, 4-157Bowling: Tanvir 4-0-40-3, Permaul 4-0-20-0, Emrit 4-0-36-0, Khan 4-0-21-1, Jacobs 2-0-20-0, Paul 2-0-20-0GUYANA AMAZON WARRIORS inningsC Walton c Williamson b Pollard 92S Tanvir c Springer b Khan 16G Singh b Hosein 0M Guptill c Williamson b Pollard 27J Mohammed c Webster b Pollard 5A Fudadin not out 7K Paul c Williamson b Pollard 0R Emrit not out 1Extras: (lb-3, nb-1, w-8)Total: (six wickets; 19.1 over) 160Fall of wickets: 1-48, 2-64, 3-145, 4-145, 5-152, 6-152Bowling: Rampaul 4-0-37-0, Parnell 4-0-26-0, Hosein 3-0-28-1, Khan 2-0-27-1, Pollard 4-0-16-4, Jacobs 1-0-12-0, Springer 1-0-11-0last_img read more

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UPDC Hotels/Golden Tulip Squash Goes International

first_imgDue to the phenomenal success achieved in the maiden edition of UPDC Hotels/Golden Tulip Squash Series, which rounded off last weekend, the tournament will go international and will become a world ranking event next year, organisers have hinted.Chairman, UPDC Nigeria Plc, Larry E. Ettah, who disclosed this exclusively to HotSports at the tournament, said they were satisfied with what they saw and hope to make it an annual affair with next edition going to be an international event.The UPDC Nigeria plc boss, who also represented O’Trafford Club as a player at the Series, said the facility in use at the competition is one of the few Professional Squash Association (PSA) certified facilities in Nigeria, which is why they want to raise the standard to international.“Our intention is to expose this world class facility to the cross-section of Squash fraternity and community because most of the facilities we have in this country don’t meet this standard,” he told HotSports.“If we don’t have our young men and women playing on this kind of world standard facility, they will go out there complaining like our footballers, who find playing turfs strange outside Nigeria because they are not used to them.“From what we have seen so far, we are pleasantly encouraged to continue what we have started.  It is already a national affair, but by next year we should make it an international event in which case, it will be a PSA certified and ranking event.   This means that players from all over the world could come here to play and increase their rankings.”In the two main events in the first edition, Goke Adediran won the ‘Club Invitational tournament’, while Abdulrahaman Olanrewaju and Yemisi Olatunji emerged best in the Professional Men and Women categories respectively.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

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Usain Bolt fumes over drug test notice

first_imgUsain Bolt has questioned why he has received a notice for a drugs test from Australia’s anti-doping authority (Asada), saying he is not yet a professional footballer.The eight-time Olympic sprint champion has been on trial with Central Coast Mariners and scored twice on his first start in a friendly on Friday.Bolt says he has been told he is being tested as he is an “elite athlete”.The 32-year-old Jamaican retired from athletics in 2017.”So guys I’ve retired from track and field looking to become a footballer but look at this,” Bolt said in an Instagram post on Monday, in which he showed the drugs test notice.The notice from Asada requesting blood and urine appears to have been issued by Football Federation Australia. It is understood that even as a trialist, Bolt is officially registered with the club, and is therefore subject to drug testing.Bolt’s trial period with the A-League club came to an end at the weekend and the Mariners now have to decide whether to offer the Jamaican a permanent deal, a further trial period or release him.”How am I going to get a drug test today? I’m not even a professional footballer yet. Seriously,” the 100m and 200m world record holder added.”So I asked the lady, ‘Why am I getting drug tested when I haven’t signed for a club yet?’ and she said they told her I’m an elite athlete so I have to get tested. Okay then.”Asada defines an athlete as a person who “competes in sport and who is subject to the National Anti”‘Doping Scheme”.last_img read more

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Helterbrand finds perfect time to call it a career

first_imgFormer Lady Eagles saddened by Ateneo-Bundit drama Jake says relationship with Shaina ‘goes beyond physical attraction’ Don’t miss out on the latest news and information. Jayjay Helterbrand was ready to call it a career last season.But after Ginebra ended their eight-year title drought with a conquest of the 2016 PBA Governors’ Cup, he felt he had another year in him.ADVERTISEMENT Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Margot Robbie talks about filming ‘Bombshell’s’ disturbing sexual harassment scene LATEST STORIES READ: Adrenaline-fueled Tenorio dedicates Finals MVP trophy to Helterbrand“It was awesome to be able to play in front of all the people who’s been there for my entire career, the people who have supported Ginebra throughout the years, and to win it for them is amazing.”However, Helterbrand said that he may have ended his playing career but that doesn’t mean that he’s step away from the game for good.“I’m not going anywhere. I’ll still be around,” he promised.Sports Related Videospowered by AdSparcRead Next “We won the championship and I knew we could do it again, so I stayed for another year,” he said.READ: Jayjay Helterbrand announces retirementFEATURED STORIESSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’SPORTSFederer blasts lack of communication on Australian Open smogAnd the Gin Kings made sure that Helterbrand made the right decision after completing the title repeat in the 2017 PBA Governors’ Cup, giving their longtime playmaker the rightful sendoff he deserves.“It came to life that we won again and I think this is a perfect time for me to hang it up,” said Helterbrand, who wrapped up his 17-year career with six titles with Ginebra and a Most Valuable Player award in the 2009 season. Jake says relationship with Shaina ‘goes beyond physical attraction’ It’s too early to present Duterte’s ‘legacy’ – Lacson “What a better way to go out and winning two championships. For me, I think it’s the perfect time. I had a great career, no regrets, and I’m happy where I am right now. I’m just really excited to see what the future holds.”READ: Helterbrand to sign one-year extension with GinebraJayjay Helterbrand. Photo by Tristan Tamayo/ INQUIRER.netThe 41-year-old Helterbrand admitted that he didn’t expect to reap all of these accolades when he entered the league as a direct hire in 2000.“I had no expectations on how my career was going to be. All I wanted to do was play. I didn’t think that I’ll be one of the top players of all time in the PBA and it’s amazing to win these many championships,” he said.Now considered as one of the 40 greatest players of the PBA, Helterbrand could look back on his successful career, with his last memory being the record 54,086 fans cheering in jubilation at Philippine Arena to celebrate the Gin Kings’ Game 7 conquest.ADVERTISEMENT MOST READ Coco’s house rules on ‘Probinsyano’ set OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson Kiss-and-tell matinee idol’s conquests: True stories or tall tales? Jo Koy: My brain always wants to think funny Steam emission over Taal’s main crater ‘steady’ for past 24 hours View commentslast_img read more

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Knicks trade center Willy Hernangomez to Hornets

first_imgView comments LATEST STORIES Steam emission over Taal’s main crater ‘steady’ for past 24 hours OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson MOST READ Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew FILE – In this Nov. 11, 2017, file photo, New York Knicks’ Willy Hernangomez dunks against the Sacramento Kings during the second half of a NBA basketball game at Madison Square Garden in New York. (AP Photo/Andres Kudacki, File)NEW YORK— The New York Knicks were scouting Kristaps Porzingis ahead of the 2015 draft when they noticed one of his teammates in Spain.Willy Hernangomez eventually joined Porzingis in New York, and after his promising rookie season both were considered key pieces for the team’s future.ADVERTISEMENT The deal came hours after the Knicks lost Porzingis to a torn ACL. There was thought after the injury that Hernangomez could finally get back into the rotation in his friend’s place, but the Knicks instead decided to deal him.They were teammates in Seville and after the Knicks took Porzingis with the No. 4 pick, they acquired Hernangomez’s rights after Philadelphia drafted him at No. 35.Hernangomez averaged 8.2 points and 7.0 rebounds last season and was voted to the All-Rookie first team. But the Spanish national team player couldn’t get on the floor this season, appearing in just 26 games and averaging 4.3 points and 2.6 rebounds.O’Bryant averaged 4.7 points and 2.6 rebounds in 40 appearances with the Hornets.ADVERTISEMENT Michael Porter Jr. stays patient as playing time increases Almazan vows to comeback stronger after finals heartbreak Nonito Donaire vs Naoya Inoue is BWAA 2019 Fight of the Year Now Porzingis is headed for surgery and Hernangomez is on his way to Charlotte.The Knicks traded Hernangomez to the Hornets on Wednesday in a deal that brings back second-round picks in the 2020 and 2021 drafts, plus forward Johnny O’Bryant.FEATURED STORIESSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkHernangomez was an all-rookie selection last season and had been identified by team management during the summer as a one of the young players to build around. But the Knicks then acquired Enes Kanter from Oklahoma City in the Carmelo Anthony trade and Hernangomez fell to third in the center rotation behind Kanter and Kyle O’Quinn.“He showed last season that he can contribute when given the opportunity and we believe that the added depth he provides will benefit our frontcourt rotation,” Hornets general manager Rich Cho said in a statement. OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson Sports Related Videospowered by AdSparcRead Next Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Don’t miss out on the latest news and information. Jiro Manio arrested for stabbing man in Marikina Newsome sets focus on helping Bolts open new PBA season on right track Drummond, Griffin leads Pistons over Netslast_img read more

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UNMIL Drawdown, Ebola Recovery Top EU-Liberia Dialogue

first_imgThe Government of Liberia and the European Union have held their 3rd Political Dialogue in Monrovia with specific credence given to the ongoing drawdown of the United Nations Mission in Liberia (UNMIL) and the government’s plans for the transition and for the post-Ebola recovery exercise.Also highlighted was the Universal Periodic Human Rights Review. Updates were also provided on the Ebola recovery and stabilization plans. Discussions were also held on the long-term issue of the Schengen visas issuance in Liberia and the Special Senatorial elections held last year.The dialogue, which was held under the theme, “Governance, Security and Justice” took place yesterday at the C. Cecil Dennis, Jr. Auditorium, Ministry of Foreign Affairs.The Liberia delegation was led by Minister of Foreign Affairs, Augustine Kpehe Ngafuan, while the EU team was led by its Ambassador Tiina Intelmann. Present also were several Ambassadors of EU member states accredited to Liberia.Several high profile representatives from several ministries and agencies of the Liberian government including the Ministries of Finance and Development Planning, Justice, and others were there.Speaking at the opening of the dialogue, Minister Ngafuan said since the launch of the dialogue three years ago, it has been a major milestone in the EU-Liberia relations, “Since then we have successfully staged two productive dialogues; on November 22, 2012 and February 17, 2014.”He disclosed that preceding the dialogue were several key events, such as the signing of the Forest Governance and Trade Agreement, the EU-Africa summit and the High Level International conference on Ebola hosted by the EU.He made mention of the 279 million Euros development agreement signed between the EU and Liberia at the Ebola conference at the High Level Ebola conference under the EU National Indicator Program (NIP) for the 11th EU Development Fund in Liberia.“We note with appreciation that this funding will address key areas that are vital to our development, spanning six years 2014-2020,” Minister Ngafuan said.He noted that the EU has always been a friend to Liberia, investing greatly in infrastructure, security, human right, agriculture, energy and education.He indicated that the EU has contributed more than 1.2 billion Euros to the overall fight against Ebola to which Liberia has significantly benefitted.“And as a nation, we will remain appreciative to EU member states within the context of the Paris Club, who were very gracious in cancelling a significant portion of our debts. Furthermore, we acknowledge with esteem that the EU prides itself as the highest contributor to Liberia’s budget; a position it has maintained for many years,” Minister Ngafuan said.Ambassador Intelmann spoke of the works that the EU has been involved in with the Liberian government, especially during the Ebola crisis where her organization helped greatly in ensuring that the virus is brought under control.She called for more efforts to strengthen the partnership and make it stronger. She spoke of her unwavering support through the EU to make sure that the EU meets with commitments with the government.Meanwhile, the EU-Liberia Political Dialogue is in line with Article 8 of the Cotonou Agreement, which states that the EU and member states of the African, Caribbean and Pacific (ACP) countries (which include Liberia) shall regularly engage in a comprehensive, balanced and deep political dialogue leading to commitments on both sides.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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Ganja possession lands man in court

first_imgThirty-four-year-old Dwight Pindar on Monday found himself before Georgetown Magistrate Judy Latchman to answer to a charge of possession of narcotics for the purpose of trafficking.Pindar appeared at the Georgetown Magistrates’ Courts, where he denied that on October 26, 2018, he had in his possession five grams of cannabis while he was at Regent Street, Georgetown.Police Prosecutor Quinn Harris told the court that on October 26, Police ranks were conducting a raid on Regent Street, when the defendant was seen acting in a suspicious manner. A search was conducted on his person and two ziplock bags containing what was suspected to be cannabis were found in his pants pocket. He was cautioned, arrested and later charged for the present offence. The Police Prosecutor made no objections to bail. The defendant was released on $10,000 bail. The case will continue on October 31, 2018.last_img read more

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Mayor also blames Georgetown residents for flooding

first_img“When flooding happens, [it] is not only the Mayor and City Council, [it] is our people also contributing to it,” Mayor of Georgetown, Ubraj Narine said on Monday as he pointed accusing fingers at the residents of Georgetown.The environs of the Georgetown Public Hospital flooded during the rainy seasonMayor of Georgetown, Ubraj NarinePointing out that City Hall is not the only party to be blamed for flooding, Narine, during the Council’s Statutory Meeting on Monday, called on residents of the city to desist from littering as he lamented the fact that the recent flash floods in the city could have been worse.While making this appeal, the Mayor revealed that during a recent cleanup activity in Georgetown, a host of items such as sofa sets and old pieces of cloth were among other things that clogged the drainage system.“So far we were able to get off most of the water and the reason why the water was in the city as well for a very long time, many of the areas was clogged with plastic bottles, plastic bags, old cloths and even chair! Chair! We had to get and get people to send down to take out these things them,” Narine said.Further, the Mayor said he understands that several other areas, such as the East Coast of Demerara were affected by accumulated water. He highlighted the work of the Council’s Deputy Engineer, who was reportedly working tirelessly to ensure the water runs off in a timely manner.Narine called on residents in the city to work along with the Council to keep the city in a “proper condition”.Last weekend, Guyana Times visited parts of the capital city where it was observed that several inches of water had accumulated in key sections, including the environs of the Georgetown Public Hospital Corporation (GPHC).In other sections, the trenches and canals could not have been differentiated from the roads due to the buildup of water around the city.The Public Infrastructure Minister, David Patterson, also told this publication on Wednesday that drainage works in the capital city were ongoing to ensure that floodwaters recede as the Ministry prepares for upcoming spring tides.This is although some $163 million was spent in April by the National Drainage and Irrigation Authority (NDIA) to assist in reducing the occurrence of flooding.In April, Guyana Times reported on the costly project undertaken by the NDIA to reduce flooding in Georgetown.It was revealed that three high-capacity mobile drainage pumps would be installed at Church Street, Sussex Street, and Ruimveldt to assist in reducing flooding.The NDIA stated that the contracts have been approved for the cleaning of the city’s drainage channels, with manual cleaning operations totalling $71.9 million and mechanical cleaning operations totalling $91.6 million.However, in May, when the rainy season kicked in, several sections of the capital city were flooded despite the costly works. A study conducted by a European firm, Vivid Economics, had found that some $1.3 billion is lost every year in Georgetown as a result of flooding.The lead consultant from the agency, Charlie Dixon, shared a few findings during his presentation, which indicated that the vast sum is not only is a reason for concern presently but also in years to come, as it is expected to increase significantly with oil production.last_img read more

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Pomeroon coconut company to go public

first_img…shares to be sold on local Stock Exchange MarketLocal agri-business Pomeroon Trading is looking to share its success and growth with Guyanese investors, now that the company recently announced its plans to list shares on the Guyana Stock Exchange Market.Chief Operating Officer Jared KissoonThe company is a grower and processor of coconuts and spices, and has been in operation since 2017 along the Pomeroon River.This Initial-Public-Offering (IPO) will make the company just one of three companies to successfully join the Guyana Stock Exchange over the last decade and will be the first agri-business on the exchange. In an interview with Guyana Times on Wednesday, Chief Operating Officer Jared Kissoon explained that the listing of shares is timely for the local firm and will give Guyanese an opportunity to invest in a local company, which is guaranteed to expand.Some of the company’s coconut plants“Basically, giving Guyanese a chance to invest into a local company, invest into a local business, and invest back into Guyana. It’s a massive opportunity notwithstanding the opportunity that they have as a very sound investment for their money in terms of seeing their money grow over a period of time with a respected and reputable company,” he stated.The company shares will be sold at a price of US$7.50 per share for any new investor who wishes to invest in the company, but according to Kissoon, the return rate per share will be similar to those of other agri-businesses, which is estimated to be around 25 per cent.“Early investors last year got in at 6.00 dollar per share they’re currently trading, we’re gonna release them at 7.50 dollar per share that’s a modest increase in share value…again, we are an operating business, so in terms of dividend pay-outs, we will be commensurate with other agri-business companies throughout the region which is between 22 to 25 per cent,” Kissoon notedPomeroon Trading, as a company, is also involved in estate rehabilitation— which includes replanting with more efficient coconuts varieties, building a coconut nursery for seedlings, and implementing an intercropping programme spanning from bananas to ginger. Some of the main by-products include copra and processed spice. In the near future, we plan to invest in additional processing facilities including coconut water and tropical fruitsInvestors wishing to participate in the listing, via the company’s agent, Guyana Americas Merchant Bank, may receive copies of management presentations and materials. There will also be open-house sessions with company management held at Cara Lodge in Georgetown on Thursday, September 12 and Wednesday, September 18 from 17:00h to 18:30h.last_img read more

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