Posted: Tuesday, April 29, 2014. 8:07 pm CST.
Tuesday, April 29, 2014. PATRICK E. JONES Reporting: Citrus growers voted overwhelmingly this past weekend to give up shares in CPLB in exchange for a debt liquidation agreement with the Belize Social Security Board. Ten percent of CPBL shares were approved for offering to SSB.
The vote came during a special general meeting which was held at the compound of the Citrus Growers Association on the Stann Creek Valley Road on Saturday, April 26.
Following the special general meeting of the Citrus Growers Association, we spoke with the organization’s Chief Executive Officer Henry Anderson about the significance of the vote and what it means going ahead.
Anderson says that with the debt now liquidated, CPBL will be proceeding with a transition to new leadership which it is hoped will usher in a new, more productive era for the company.
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