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ASR to distribute 6 Million dollars in shares to BSI employees Print E-mail
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Written by Administrator   
Thursday, 28 September 2017 00:00

The Guardian Newspaper has confirmed that American Sugar Refineries (ASR) the parent company of BSI declared dividends in August of this year. The declaration is the first time that such has taken place since the company bought over Belize Sugar Industries Limited (BSIL) which is the sugarcane processor in Tower Hill. That acquisition took place in October of 2012.

Now almost 5 years later the company has declared a whopping six million dollars in dividends to the BSI Employee Holdings Limited which holds 21 point 4 percent of the shareholdings. The 6 million dollars will be distributed over the next three weeks.