Adhering to strict financial policies and guidelines is being cited by a senior official of National Enterprises Limited, as one the factors which contributed to the institution reaching a significant milestone of four billion dollars in share disbursements to shareholders.
N.E.L. is an investment holding company incorporated on August 27, 1999 by the government.
It was formed to consolidate the government’s shareholding in select state enterprises.
Speaking with News Power Now at an event held this afternoon to mark the occasion, NEL’s Chairman, Kenny Lue Chee Lip, indicated that the organization’s board continues to comply with tight and detailed measures that have been set up to ensure its success.