VM Investments Limited (VMIL) confirms that it has obtained an interim court order in connection with proposed steps relating to the shareholdings of entities with interests in Kintyre Holdings Jamaica Limited (KHJL).
The order, granted by the Supreme Court of Jamaica, temporarily restrains certain actions in relation to the relevant shares and assets pending a further hearing of the matter.
VMIL said it took this step to protect its legal and commercial interests, including rights arising under existing security arrangements affecting certain shareholdings, as well as the judgments obtained against KHJL and related companies for sums due and owing to VMIL.
As this matter is now before the court, VMIL said it will not comment in detail on the substance of the proceedings at this time.
“However, the company wishes to make clear that it will take all appropriate legal steps to preserve its position and safeguard its interests,” VMIL said.
The matter is scheduled to return to court for further hearing on April 27, 2026.
VMIL remains committed to acting in accordance with the law and in the best interests of its stakeholders.
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