SeaRice Caribbean (Guyana) Limited has taken 50% ownership of the local operations of Mahaicony Rice Mills Ltd and will commence payments of the $53M owed to farmers from today, the company said yesterday.
Payments to farmers will begin at No. 70 Village, Corentyne from today and continue at Paradise and Vilvoorden, Essequibo Coast on Thursday. SeaRice Carib-bean is a partner company of John Fernandes Ltd.
SeaRice will also be taking half ownership of the buying centre at No 70 Village on the Corentyne,
