Guardian Holdings sells out

Date: 
Tuesday, December 1, 2015 - 00:00

A Jamaican bank will now have controlling interest in local insurance giant Guardian Holdings Limited, after two local families, the Lok Jack's and the Ahamad's sold some of their shares to the National Commercial Bank of Jamaica Limited.
Chairman Michael Lee Chin is saying his company is not taking over GHL but that it's just an investment.
Judy Kanhai explains.