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Trinidad Cement Limited Shareholders plan to remove the company’s board

by | Aug 18, 2014

Peter Permell_3The board of Trinidad Cement Limited (TCL) will know their faith tomorrow when a Special Compulsory Meeting convenes at the tomorrow.

A number of minority shareholder groups have joined forces to push for the board’s removal.

The meeting is carded to take place at the 5 pm Radisson Hotel on Wrightson Road in Port of Spain.

The Board had filed an injunction to prevent the meeting from taking place.

Minority shareholder rights activist Peter Permell said when the ruling is handed down later today it would be a landmark event.

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