UTC Media Centre

Archive for June, 2009

Lascelles deMercado, one of Jamaica’s largest conglomerates, yesterday declared two dividends equalling J$14 (US$0.16) an ordinary share in a move that is significant because the group is now under the control of the Government of T&T. At a meeting on Friday, the Lascelles board approved an interim dividend of J$6.00 per ordinary stock unit and a special interim dividend of J$8.00 per ordinary stock unit, both payable to ordinary stockholders on record at the close of business June 26, 2009. Read More

The Trinidad and Tobago Unit Trust Corporation (UTC) is pleased to note media coverage of the extraordinary performance of one of its major investments.  The article below from the Trinidad Guardian of June 16, 2009 highlights the strong financial performance of Lascelles deMercado, one of Jamaica’s largest conglomerates (considered a blue chip company) in which UTC has significant interest (US $100 million). Lascelles deMercado produces Appleton Rum, Wray&Nephew and is also a major player in general insurance and car distribution.  Read More

Asa Wright Nature Centre is destination #1 for bird watchers and tropical rainforest enthusiasts visiting Trinidad and Tobago. The Centre once again benefitted from the work of staff from the Trinidad and Tobago Unit Trust Corporation (UTC) when a team of 22 UTC volunteers visited the centre on May 31 to assist in preserving trails at the 1500 acre facility. Read More

Ever wonder what happens to carelessly disposed crab and dumpling containers? Volunteers from Environment Tobago and the Trinidad and Tobago Unit Trust Corporation (UTC) can tell you – they end up in a clogged water system or even in the waters of the beaches you enjoy! “Working to clean up this wetland has made me realize how many non-biodegradable items we use in the world today,” said Desire Hackett-Murray of UTC’s Tobago Customer Service Centre after participating in a partnership project between UTC and Environment Tobago to clean up the Belle Garden Wetland in Tobago. A recent study by Environment Tobago found the Belle Garden Wetland to be teeming with wildlife with many species of birds, agouti, crabs, butterflies and even caiman. All animals are threatened by poor garbage disposal. Read More

Ever wonder what happens to carelessly disposed crab and dumpling containers? Volunteers from Environment Tobago and the Trinidad and Tobago Unit Trust Corporation (UTC) can tell you – they end up in a clogged water system or even in the waters of the beaches you enjoy! “Working to clean up this wetland has made me realize how many non-biodegradable items we use in the world today,” said Desire Hackett-Murray of UTC’s Tobago Customer Service Centre after participating in a partnership project between UTC and Environment Tobago to clean up the Belle Garden Wetland in Tobago. A recent study by Environment Tobago found the Belle Garden Wetland to be teeming with wildlife with many species of birds, agouti, crabs, butterflies and even caiman. All animals are threatened by poor garbage disposal. Read More