The National Industrial & Commercial Investments Limited (NICIL) yesterday announced that it has placed its 6,099,927 equity shares in Guyana Stockfeeds Incorporated on the local stock market.
The announcement follows a row that erupted between the APNU+AFC administration and the opposition over the valuing of a tranche of its shares which Guyana Stockfeeds recently purchased from the government.
In a statement yesterday, NICIL said that the placement of the shares on the stock market comes after previous attempts to dispose of them failed. It said that the current majority shareholder, Robert Badal, the Head of Stockfeeds was the only person to make an offer for the shares held by NICIL when they were first advertised for sale.
