Business in brief

ORO AGRI lists on Cayman Islands stock exchange  

ORO AGRI SEZC Ltd., a global manufacturer of bio-pesticides and biorational agricultural adjuvants, soil conditioners and foliar nutrients, has been listed on the Cayman Islands Stock Exchange. 

CEO Erroll Pullen said the listing is a key component of the company’s long-term strategy. “It positions ORO AGRI to grow through acquisitions, increasing manufacturing capacity, expanding global distribution, and funding R&D initiatives. In addition, we are proud to be among the groundbreaking industrial manufacturing companies to be listed on the CSX, which has historically been an exchange for financial companies.” 

ORO AGRI has employees in 15 countries and manufacturing operations in the United States and South America with toll manufacturing partners in South Africa and Europe.  

Oro Agri SEZC Ltd. was incorporated in the Cayman Islands as an exempted limited company in January 2006 and later re-registered as a special economic zone company in October 2013.  

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New hire at Highwater  

Yolanda Banks McCoy has joined corporate governance services firm Highwater Ltd. 

Mrs. McCoy has more than 19 years of financial services experience. Prior to joining Highwater, she was the head of the Investments and Securities Division of the Cayman Islands Monetary Authority since November 2006. In this capacity, she was responsible for the regulation and supervision of hedge funds, fund administrators and securities investment companies operating in or from the Cayman Islands, as well as ensuring compliance and market conduct in accordance with Cayman Islands regulatory laws and CIMA’s policies and procedures.  

Gary Linford, managing director of Highwater, said Mrs. McCoy’s years of experience with CIMA and extensive knowledge of the global hedge fund industry and Cayman Islands’ regulatory infrastructure, compliment the team perfectly.  

Consolidated Water dividend  

Consolidated Water’s board of directors has declared a quarterly cash dividend of $0.075 per share, payable Oct. 31 to shareholders of record at the close of business Oct. 1, 2014. 

Mourant Ozannes scholarship recipient  

Mourant Ozannes has awarded the Chantal Whittaker Memorial Scholarship Scheme, which is open to Caymanian students who are looking to embark on a career in the legal field, to Adam Barrie.  

Mr. Barrie, the son of Steven and Fiona Barrie, attended Cayman Prep and High School and completed his schooling at Ridley College in St. Catharine’s, Ontario. He graduated from Western University in Canada with an honors degree in political science and Spanish. With the support of the scholarship, Mr. Barrie is pursuing a master’s degree at the University of Bristol Law School in the U.K. 

Partner and head of the Cayman office, Neal Lomax, said, “We are very pleased to be able to provide financial assistance towards the cost of Adam’s studies and look forward to helping him to develop his legal skills when he completes his studies and joins Mourant Ozannes as an articled clerk.”  

Appleby food drive  

Staff at Appleby has supported Meals in Wheels with an in-house food drive. Organized by the firm’s social committee, the food drive educated all staff about the number of elderly people who go hungry in Cayman and how the efforts of Meals on Wheels could easily be extended.  

Meals on Wheels supplies meals to 160 elderly people across George Town, Bodden Town and East End. For many, it is the only meal for the day.  

According to Appleby managing partner Bryan Hunter, the idea to have a food drive came about following the Appleby Cayman Charity Day initiative in June. “MOW was one of the 10 charities selected to receive sponsorship as we were surprised to learn about the extent of the problem,” he said. “Our staff felt compelled to do more to help and took it upon themselves to organize the food drive to extend the support currently offered by the charity.” 

Junior Achievement board appointment  

Campbells marketing assistant Kristina Buckeridge has been appointed to the Junior Achievement board of directors.  

A Junior Achievement alumna, Ms. Buckeridge gained first gained an interest in business and, in particular, marketing, during her time in the JA Company Program. 

Ms. Buckeridge said, “I am thrilled to be a part of Junior Achievement once again, and am ever grateful to the board for affording me this fantastic opportunity. I am eager to begin working with the upcoming achievers and other alumni and look forward to having a positive impact on the Cayman community. ” 

oro_agri_listing_event_group_photo

CSX, Oro Agri and OneTRADEx executives attend the listing ceremony to mark Oro Agri as the newest trading company on the Exchange. From left, James Sullivan, chief financial officer, Oro Agri Inc.; David Finch, assistant corporate secretary, Oro Agri SEZC Ltd.; Colin Wilson, investment advisor, OneTRADEx; Valia Theodoraki, chief executive, CSX; Rich Ellison, director of business development, OneTRADEx; and Erroll Pullen, chief executive, Oro Agri International.

Mourant-Ozanes

From left, Mourant Ozannes partner Neal Lomax with legal scholarship recipient Adam Barrie and partners Hector Robinson and Hayden Isbister
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