equity continues to remain short of the minimum capital requirement (MCR) of Rupees one billion stipulated for Non-Banking Finance Companies (NBFCs) undertaking business of investment finance.
At the time of its takeover, SIBL
owed the Central Bank of Uganda Ushs 392m ($392,000).
As part of the modification, SIBL
was granted the option to purchase an additional 592,593 shares of the company's Series B Preferred Stock for an aggregate purchase price of $4 million, exercisable through March 31, 2009.
In view of the constrained operating environment, SIBL
IUS continued to scale down volume of business activities as per the Board's approved policy to contain risk.
9 percent of the outstanding shares of the combined entity, and SIBL
will own approximately 30 percent of DGSE.
The league will go on,'' said Padilla, a former SIBL
has increased the line of credit available to Superior under the existing Loan and Security Agreement to approximately $20 million.
I know we're in an uphill battle,'' said Fred Duran, president of the non-profit SIBL
, a nearly half-century-old organization that claimed participation by more than 800 boys and girls last year.
registration: The Sylmar Independent Baseball League will be holding signups Saturday and Sunday at the SIBL
facility snack bar behind El Cariso Golf Course.
Opt In To Advertising's New Age is co-curated by John Ganly, Assistant Director for SIBL
Collections at The New York Public Library, Mary Warlick, Executive Director of The One Club, and Kevin Swanepoel, Marketing and Interactive Director of The One Club.
this month at the SIBL
facility snack bar, located behind the El Cariso Golf Course.
is a privately funded investment company based in Liege