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Montevideo, December 11th 2017 - 13:05 UTC

Tag: Falkland Islands Holdings FIH

  • Wednesday, November 29th 2017 - 08:23 UTC

    FIH Group posted record revenue pushing profits 38%

    FIH said revenue had remained “broadly flat” in its Falkland Islands Company division, coming in £200,000 higher at £8.58m

    Falkland Islands services firm FIH Group posted record group revenue in the six months leading to 30 September, pushing profits ahead by 38%. Group revenue edged up to £20.6m from the £19.8m posted at the same time a year earlier, helping lift pre-tax profits 38% to £1.4m.

  • Wednesday, May 3rd 2017 - 08:32 UTC

    American trust becomes largest single shareholder of FIH

    The investment vehicle Staunton Holdings Limited has got rid of all its shares in the Islands lynchpin Falkland Islands Holdings

    Conservative Party donor David Rowland has thrown in the towel in the Falkland Islands after losing a battle to take control of its key industries. The Rowland´s family investment vehicle, Staunton Holdings Limited has got rid of all its shares in the Falkland Islands Holdings (FIH) after shareholders rejected a takeover, reports the London financial media.

  • Sunday, April 30th 2017 - 21:55 UTC

    “Argentina offering investors the best opportunity in the past 25 years”

    “It’s hard to express how much value the changes made by Macri are bringing to the country,” said Eduardo Elsztain

    Argentina is offering investors the best opportunity in the past 25 years as President Mauricio Macri reforms the battered Latin American economy, according to real estate developer Eduardo Elsztain, said in an interview with Bloomberg.

  • Wednesday, March 22nd 2017 - 09:12 UTC

    FIH considers acquisition approach from an Argentine fund as “unwelcome”

    FIH Group independent Directors said such a deal “unwelcome” and “seriously threatens to undermine the FIC business and the interests of its employees”.

    The much publicized and controversial bid from an Argentine group to acquire a leading position in the Falkland Islands Holdings, which owns the Falkland Islands Company, closely linked to the Islands' history and economy, has been considered “a real hazard” by FIH directors.