Montego Freeport
Montego Freeport is making arrangements to wind up its operations after receiving approval earlier this year to delist its shares from the Jamaica Stock Exchange, JSE.
The company says to date it has signed agreements for the sale for all its lots with the exception of one.
Efforts are being this financial year to dispose of the asset along with an apartment and office spaces still under its ownership.
Montego Freeport says once the sale is completed it should be in a position to commence winding up proceedings.
The company was created 45 years ago to develop a portion of the Montego Bay waterfront.
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