British Virgin Islands

Sunday, Dec 05, 2021

TPP investors to receive 2019 dividends starting Today, Nov 25, 2021

TPP investors to receive 2019 dividends starting Today, Nov 25, 2021

94 Preference Shareholders will receive Dividend cheques starting today from Tortola Pier Park Ltd. (“TPPL”).
According to a November 25, 2021, release, payment of 2019 dividends have been approved by the three-member TPPL Board in the amount of US$529,974, the largest Investor which is BVI Social Security Board will receive US$442,500. Payments are ready for collection from today Thursday, November 24, 2021.

The CEO, Mr. Vance Lewis lauded the efforts of the TPPL Board & Team and further advised that as usual a statutory solvency test was conducted to allow for a sensible buffer for working capital.

The Tortola Pier Park is a major development in the British Virgin Islands, which consists of an enhanced cruise pier and a five-acre landside shopping facility.

The newly enhanced cruise facility includes a 60ft wide, 1,312ft long pier that can berth ships up to a maximum tonnage of 180,000 GRT. The landside shopping center consists of over 60 stores, including retail, service providers, commercial spaces and office space.
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