Archive for August, 2015

“Another Failed Attempt To Mislead The Public”

“The latest release from the OBA is another failed attempt to mislead the public while trying to build support for the privatisation of Bermuda’s airport to a Canadian company,” Shadow Minister of Finance David Burt said. This follows after the OBA said, “The Government is progressing a plan to build a new air terminal through a public-private... Read more of this article

Appleby Advised Global Sources On Tender Offer

Leading offshore law firm Appleby acted as Bermuda counsel to Global Sources Ltd. [Global Sources] on its approximately US$50 million cash tender offer to purchase up to 6,666,666 common shares. Approximately 12.77 million shares were properly tendered at a price of US$7.50 per share between June 26 and 12:00 midnight EDT on July 27, 2015. The Appleby... Read more of this article

Blue Capital Releases Half Yearly Report

In a filing with the Bermuda Stock Exchange, Blue Capital Global Reinsurance Fund Limited announced results for the six month ended 30 June 2015. The Half Yearly Report is available from the Company’s website bcgr.bm. Chairman,John R. Weale reported: On behalf of the Board of Directors [the “Directors”] of Blue Capital Global Reinsurance... Read more of this article

Bermuda Regiment Alumni Band Concert

On Wednesday night the final rehearsal for the Bermuda Regiment Alumni Band concert was held at Warwick Camp. A spokesperson said, “The public can expect to see close to forty former members of the Bermuda Regiment Band perform in concert on Sunday, August 30th at Victoria Park at 4:00 P.M. “Retired Majors Leslie Lowe and Barrett Dill will... Read more of this article

St. David’s Cricket Club Announce County Team

St. David’s Cricket Club tonight [Aug 27] announced their team which has been selected to play in the final match of the Eastern County Cup Series against cup holders Cleveland County at Lord’s in St. David’s on Saturday. Cleveland County captain Dion Stovell took his team to victory in their last appearance when they faced Flatt’s Victoria... Read more of this article

Kevon Fubler Wins Cricket Sportsman Award

The Bermuda Cricket Board [BCB] announced the winner of the award for week 11 is Kevon Fubler of Willow Cuts. The BCB said, “In the BCB Logic 50 overs Premier Division Willow Cuts, Cleveland, Somerset and Flatts are engaged in a critical battle for points to avoid relegation. :On Sunday August 23rd Willow Cuts took on Cleveland in an important head... Read more of this article

BTA Extends Registration For Tourism Workshop

The Bermuda Tourism Authority [BTA] has extended the registration deadline for its Tourism Experiences application workshop to August 31, with Chief Product & Experiences Development Officer Pat Phillip-Fairn saying “we’re encouraging anyone who is interested in submitting an application to receive funding for their tourism idea to attend... Read more of this article

Carlsen Philip Awarded $15K Digicel Scholarship

Digicel Bermuda today announced that Bermudian, Carlsen E. Philip II, is the recipient of the 2015 Digicel Scholarship, saying that he “exhibits extraordinary personal and academic qualities that embody the Digicel brand.” He will be awarded $15,000 to be distributed over a two year period, to assist him with pursuing a Master’s Degree... Read more of this article

OBA: “Example Of Opposition Disinformation”

The “PLP say the government wants to privatize the airport” which is ”factually wrong, and one more example of Opposition disinformation,” the OBA said this evening. The airport deal was announced in late 2014, and has been the subject of debate since that time. Earlier this week, the PLP held a press conference on the matter,... Read more of this article

Bermuda Stock Exchange Report: Aug. 27 2015

Today [Aug 27] saw 102 shares trade on the Bermuda Stock Exchange, valued at $173.40 BD. All 102 shares were traded by Bank of N.T. Butterfield Limited, closing at an even $1.70 per share. The BSX finished the day at 1,186.44, also even the day. There were 0 advances, 0 declines, and 70 remained unchanged. The full report for the day is available here... Read more of this article

Weather Forecast For Friday August 28

Friday, August 28 is expected to be mainly sunny, with the high to be near 29°C/84°F and the low to be near 26°C/79°F, according to Weather Underground. Winds are expected to be WSW. The relative humidity is expected to be near 75%. Sunrise will be at 6.51am and sunset will be at 7.48pm. High tide will be at 7.44am and 8.14pm, while low tide will... Read more of this article