šŸ˜…Lee Chin's NCB Shares Safe


Lee Chin's NCB Shares Safe... for now!

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So it appears that Michael Lee Chin’s NCB shares are safe… for now.

Jamaican billionaire Michael Lee Chin has finally made the US$94 million payment due to bondholders, halting any talks of him losing his majority stake in NCBFG… for now. That US$94 million included about US$19 million in overdue interest and US$75 million of the principal.

Bondholders are owed more than US$364 million. Those loans are secured by about one billion NCBFG shares, which Lee Chin used as collateral. That represents about...


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