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Business, Financials
November 24, 2009

Barita hopes to raise $1.1 billion from share offer

Barita Investments plans to raise $1.1 billion with tomorrow’s planned public offering of shares to be listed on the Jamaica Stock Exchange (JSE).

Founder of Barita, Rita Humphries-Lewin will give details on the offering at 11:00 am tomorrow.

Barita said in a statement that the offering is intended to strengthen the capital base of the company and enable its expansion into the capital markets.

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