AGP Executive Report
Last update: 2 hours agoHotel Divestment: eTeck is testing investor interest in the sale of the Hilton Trinidad and Magdalena Grand, with non-binding expressions of interest set to guide a later bidding process. Shareholder Dispute: Minority shareholder Peter Permell has rejected Agostini’s $12.15-per-share offer for Prestige Holdings and asked the High Court to determine fair value. Labour Relations: Unions say they are ready to meet with the Prime Minister over unresolved worker issues. A $66.1 million PowerGen settlement will provide back pay and a nine per cent wage increase over five years to about 150 workers. Trade & Logistics: Ramps Logistics founder Ramnarine Rampersad says port inefficiencies and unpredictable cargo movement are limiting T&T’s potential as a regional trade gateway. Agriculture: A UWI-backed cocoa research initiative has trained 71 farmers and citizen scientists, while UWI Fine Cocoa Products is targeting export markets. Energy Technology: ALTAVE says its AI safety systems are deployed in T&T and five other countries through a drilling contractor partnership.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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