Analysis of BB Holdings Limited

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BCB Holdings formerly BB Holdings Limited is a company incorporated in Belize under the International Business Companies Act of Belize. It is a parent company that solely holds no other business operations or assets other than that of its investments in it subsidiaries of intercompany balances, services to individual, holdings cash and cash equivalents, and corporate customers in the Caribbean region. The Company primarily operates financial services businesses through The Belize Bank Limited "Belize Bank" and the Belize Bank International Limited “Belize Bank International", both located in Belize, and "Belize Bank TCI", located in the Turks and Caicos Islands. They have two primary assets: OneSource Inc., which is one of the world's leading outsourced facility services companies; and Belize Bank Ltd., which is the leading financial institution in Belize. The US formed OneSource, which was a branch of Denmark's ISS, it operates primarily in the United States, and is one of the market's leading outsourced services providers and operates in nearly 200 major metropolitan areas in 45 states, as well as in Puerto Rico. Belize Bank is the largest full-service bank in Belize, claiming a 50 percent market share in the country. Belize Bank has 12 branches throughout Belize, with their headquarters in Belize City. Their principal operations are consumer lending, commercial lending, deposit taking, and other related bank activities.

In the BB HOLDINGS LIMITED article about the Placing of US$50,000,000 fixed rate 10 per cent on unsecured Loan Notes due 2013 and the Issue of Warrants to subscribe for 7,692,308 new ordinary shares at US$6.50 per new ordinary share. At that time BB holdings was seeking to expand these operations and exploit c...

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...than an investment in securities quoted on the Official List as the AIM Rules because they are less demanding and investors may not be able to recover their original investment.

There can be no assurance, that the Government of Belize would not further modify, amend, repeal or enact rules, regulations or laws, that would impose restrictions on the rights of non-Belizean investors to hold, transfer or vote shares in the Company, or that will eliminate or curtail any rights or benefits that the Company may have pursuant to its incorporation under the IBCA. As an international business company incorporated under the IBCA, the Company is deemed non-resident in Belize for exchange control purposes. there is no obligation on the Company to hold general meetings and the share capital of the Company may be increased and reorganized without the prior approval of shareholders.

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