26 oct. 2018 - Amalgamation of Arbitrade Properties

Description:

Following government approval under section 104 of the Companies Act 1981, a section that deals with amalgamations, the company will own Victoria Hall, according to a document filed with the Registrar of Companies.

A memorandum of association document stated: “The company, with the consent of the Minister of Finance, has power to hold land in Bermuda not exceeding 0.1333 hectares.”

David Burt, the Premier, was also Minister of Finance at the time of the amalgamation on October 26. The lot size of Victoria Hall is 0.133 hectares.