Moderator: 3ne2nr Mods
death365 wrote:People KNEW after petrotrin they (the p.nm) was coming after them and wasa next but people VOTE them back in .
Yuh hav 2 b blind not to see what was coming. There are 2 other organisations on d block too. But that's ah after budget talk
List of State Enterprises
Agricultural Development Bank of Trinidad and Tobago
Airports Authority of Trinidad and Tobago
Caribbean Airlines Limited
Development Finance Limited (DFL)
East Port of Spain Development Company Limited
Eco Industrial Development Company of Tobago
Education Facilities Company Limited
Estate Management and Business Development Company Limited
Evolving TecKnologies and Enterprise Development Company Limited (e TecK)
Export-Import Bank of Trinidad and Tobago Limited (EXIMBank)
First Citizens Bank Limited (FCB)
Heritage Petroleum Company Limited
Lake Asphalt of Trinidad and Tobago (1978) Limited
Liat (1974) Limited
Metal Industries Company Limited (MIC)
National Agricultural Marketing and Development Corporation (NAMDEVCO)
National Commission for Self-Help LimitedNational Entrepreneurship Development Company Limited (NEDCO)
National Flour Mills Limited (NFM)
National Gas Company of Trinidad and Tobago Limited (NGC)
National Helicopter Services Limited
National Information and Communication Technology Limited (iGovTT)
National Infrastructure Development Company Limited (NIDCO)
National Maintenance Training and Security Company Limited (MTS)
National Quarries Company Limited
Palo Seco Agricultural Enterprises Limited
Phoenix Park Gas Processors Limited
Point Lisas Industrial Port Development Corporation Limited (PLIPDECO)
Port Authority of Trinidad and Tobago
Public Transport Service Corporation (PTSC)
Rural Development Company of Trinidad and Tobago Limited
Telecommunications Services of Trinidad and Tobago Limited (TSTT)
The Sports Company of Trinidad and Tobago
The Trinidad and Tobago Solid Waste Management Company Limited
The Vehicle Management Corporation of Trinidad and Tobago Limited
Trinidad and Tobago Electricity Commission (T&TEC)
Trinidad and Tobago Entertainment Company Limited (TTEnt)
Trinidad and Tobago Film Company Limited (TTFC)
Trinidad and Tobago Mortgage Finance Company Limited (TTMF)
Trinidad and Tobago National Petroleum Marketing Company Limited (NP)
Trinidad and Tobago Postal Corporation (TTPost)
Trinidad and Tobago Securities and Exchange Commission (TTSEC)
Trinidad and Tobago Solid Waste Management Company Limited (SWMCOL)
Urban Development Corporation of Trinidad and Tobago Limited
Water and Sewerage Authority (WASA)
Youth Training and Employment Partnership Programme Limited (YTEPP)
exporTT Limited (The National Export Facilitation Organization of Trinidad and Tobago)
De Dragon wrote:bluefete wrote:What BS Camille talking here?
If you control 51%, YOU ARE THE MAJORITY OWNER and can call nay shots you want.
By March, Energy Minister Stuart Young announced a Cabinet subcommittee under then Planning Minister Camille Robinson-Regis to examine the state of TSTT. She asked TSTT to stay its hand while the subcommittee made its inquiries, but later said the subcommittee may merely request this of TSTT, but not order it, as it was not a state company and not directly controlled by the Government.
https://newsday.co.tt/2022/05/31/cwu-ts ... ching-400/
She is the female equivalent of JUHN Scarfy in the LFD RFD PNM, lying, deceitful, shady and condescending.
hover11 wrote:How many of those state enterprises are ironically in the red? Everything the government touches simply cannot make a profit , only the government enters business to make a loss. However sell it to a 1 percent and look how fast those profits come in. I believe the government purposefully runs these institutions to the ground to simply give them away in essence to the business community
bluefete wrote:De Dragon wrote:bluefete wrote:What BS Camille talking here?
If you control 51%, YOU ARE THE MAJORITY OWNER and can call nay shots you want.
By March, Energy Minister Stuart Young announced a Cabinet subcommittee under then Planning Minister Camille Robinson-Regis to examine the state of TSTT. She asked TSTT to stay its hand while the subcommittee made its inquiries, but later said the subcommittee may merely request this of TSTT, but not order it, as it was not a state company and not directly controlled by the Government.
https://newsday.co.tt/2022/05/31/cwu-ts ... ching-400/
She is the female equivalent of JUHN Scarfy in the LFD RFD PNM, lying, deceitful, shady and condescending.
Robert Sabga just said the exact same thing about her live on TV.
bluefete wrote:teems1 wrote:It depends on the type of shares.bluefete wrote:What BS Camille talking here?
If you control 51%, YOU ARE THE MAJORITY OWNER and can call nay shots you want.
By March, Energy Minister Stuart Young announced a Cabinet subcommittee under then Planning Minister Camille Robinson-Regis to examine the state of TSTT. She asked TSTT to stay its hand while the subcommittee made its inquiries, but later said the subcommittee may merely request this of TSTT, but not order it, as it was not a state company and not directly controlled by the Government.
https://newsday.co.tt/2022/05/31/cwu-ts ... ching-400/
Jeff Bezos gave 17.5m shares to MacKenzie Scott, but she holds 0 voting rights on them.
Again a good point. BUT, Corporation Sole mindset. Does anyone really think that GORTT would give up its voting rights as a 51% shareholder in TSTT?
People can spin it how they want, GORTT controls TSTT else there would be no need for a Cabinet sub-committee on TSTT - would there?
MaxPower wrote:All this funding?
What does UWI produce that benefits our country significantly other than cheaters and vagabonds?
I eh asking for no friend, i asking for me because i want to know what exactly is my tax dollars being spent for.
hover11 wrote:A bunch of regurgitators, honestly bring back the old time days where you pay for your educationMaxPower wrote:All this funding?
What does UWI produce that benefits our country significantly other than cheaters and vagabonds?
I eh asking for no friend, i asking for me because i want to know what exactly is my tax dollars being spent for.
death365 wrote:Spoken like some one who used the system ... got qualified, maybe 3 times and now that u done u dont see the need for it again ....hover11 wrote:A bunch of regurgitators, honestly bring back the old time days where you pay for your educationMaxPower wrote:All this funding?
What does UWI produce that benefits our country significantly other than cheaters and vagabonds?
I eh asking for no friend, i asking for me because i want to know what exactly is my tax dollars being spent for.
hover11 wrote:I paid sir it wasn't a free ride for me, watching my other colleagues fail courses and jump into other degrees at a whim. The system had alot of wastage tbhdeath365 wrote:Spoken like some one who used the system ... got qualified, maybe 3 times and now that u done u dont see the need for it again ....hover11 wrote:A bunch of regurgitators, honestly bring back the old time days where you pay for your educationMaxPower wrote:All this funding?
What does UWI produce that benefits our country significantly other than cheaters and vagabonds?
I eh asking for no friend, i asking for me because i want to know what exactly is my tax dollars being spent for.
wing wrote:Standard's and Poor's (S&P) Global Ratings has removed Trinidad Petroleum Holdings Limited (TPHL) from credit watch with developing implications and raised its issuer credit rating on the company with a two-notch upgrade to 'BB' from ‘B+’.
S&P Global also assigned a final ‘BB’ issuer credit and issue-level rating to Heritage Petroleum Company Limited (Heritage), the main operating subsidiary of TPHL.
The outlook for both TPHL and Heritage is “negative” to mirror that of the sovereign rating of T&T (BBB-/Negative/A-3).
Heritage contributes approximately 87% of TPHL’s total earnings before interest, taxes, depreciation and amortisation (EBITDA) and accounted for about 58% of the country's total oil production in fiscal year (FY) 2021.
In May 2022, Heritage closed its US$500 million senior secured notes transaction and US$475 million new term loan which enabled it to refinance TPHL’s debt and implement a comfortable, lower cost and longer-term debt maturity schedule following the refinancing exercise.
These new debt issuances have excluded from any lien reserves, and importantly, property not required for core business operations. In addition, after TPHL refinanced most of its liabilities through Heritage, TPHL no longer has the administrative default that forced it to classify total liabilities as short-term.
S&P Global also withdrew its issue-level ratings on TPHL's 9.75% senior secured notes due 2026 and 6% senior unsecured senior notes due 2022 after full repayment in the recent refinancing exercise.
Chairman of TPHL and Heritage Michael Quamina commented: “We are very pleased with this most recent upgrade. Against the backdrop of increased oil prices on the world market and Heritage’s plans for increased production, we look forward to maximizing returns for the people of Trinidad and Tobago”.
tandard's and Poor's (S&P) Global Ratings has removed Trinidad Petroleum Holdings Limited (TPHL) from credit watch with developing implications and raised its issuer credit rating on the company with a two-notch upgrade to 'BB' from ‘B+’.
S&P Global also assigned a final ‘BB’ issuer credit and issue-level rating to Heritage Petroleum Company Limited (Heritage), the main operating subsidiary of TPHL.
The outlook for both TPHL and Heritage is “negative” to mirror that of the sovereign rating of T&T (BBB-/Negative/A-3).
Heritage contributes approximately 87% of TPHL’s total earnings before interest, taxes, depreciation and amortisation (EBITDA) and accounted for about 58% of the country's total oil production in fiscal year (FY) 2021.
In May 2022, Heritage closed its US$500 million senior secured notes transaction and US$475 million new term loan which enabled it to refinance TPHL’s debt and implement a comfortable, lower cost and longer-term debt maturity schedule following the refinancing exercise.
These new debt issuances have excluded from any lien reserves, and importantly, property not required for core business operations. In addition, after TPHL refinanced most of its liabilities through Heritage, TPHL no longer has the administrative default that forced it to classify total liabilities as short-term.
S&P Global also withdrew its issue-level ratings on TPHL's 9.75% senior secured notes due 2026 and 6% senior unsecured senior notes due 2022 after full repayment in the recent refinancing exercise.
Chairman of TPHL and Heritage Michael Quamina commented: “We are very pleased with this most recent upgrade. Against the backdrop of increased oil prices on the world market and Heritage’s plans for increased production, we look forward to maximizing returns for the people of Trinidad and Tobago”.
Blame Kamla...
De Dragon wrote:wing wrote:Standard's and Poor's (S&P) Global Ratings has removed Trinidad Petroleum Holdings Limited (TPHL) from credit watch with developing implications and raised its issuer credit rating on the company with a two-notch upgrade to 'BB' from ‘B+’.
S&P Global also assigned a final ‘BB’ issuer credit and issue-level rating to Heritage Petroleum Company Limited (Heritage), the main operating subsidiary of TPHL.
The outlook for both TPHL and Heritage is “negative” to mirror that of the sovereign rating of T&T (BBB-/Negative/A-3).
Heritage contributes approximately 87% of TPHL’s total earnings before interest, taxes, depreciation and amortisation (EBITDA) and accounted for about 58% of the country's total oil production in fiscal year (FY) 2021.
In May 2022, Heritage closed its US$500 million senior secured notes transaction and US$475 million new term loan which enabled it to refinance TPHL’s debt and implement a comfortable, lower cost and longer-term debt maturity schedule following the refinancing exercise.
These new debt issuances have excluded from any lien reserves, and importantly, property not required for core business operations. In addition, after TPHL refinanced most of its liabilities through Heritage, TPHL no longer has the administrative default that forced it to classify total liabilities as short-term.
S&P Global also withdrew its issue-level ratings on TPHL's 9.75% senior secured notes due 2026 and 6% senior unsecured senior notes due 2022 after full repayment in the recent refinancing exercise.
Chairman of TPHL and Heritage Michael Quamina commented: “We are very pleased with this most recent upgrade. Against the backdrop of increased oil prices on the world market and Heritage’s plans for increased production, we look forward to maximizing returns for the people of Trinidad and Tobago”.
tandard's and Poor's (S&P) Global Ratings has removed Trinidad Petroleum Holdings Limited (TPHL) from credit watch with developing implications and raised its issuer credit rating on the company with a two-notch upgrade to 'BB' from ‘B+’.
S&P Global also assigned a final ‘BB’ issuer credit and issue-level rating to Heritage Petroleum Company Limited (Heritage), the main operating subsidiary of TPHL.
The outlook for both TPHL and Heritage is “negative” to mirror that of the sovereign rating of T&T (BBB-/Negative/A-3).
Heritage contributes approximately 87% of TPHL’s total earnings before interest, taxes, depreciation and amortisation (EBITDA) and accounted for about 58% of the country's total oil production in fiscal year (FY) 2021.
In May 2022, Heritage closed its US$500 million senior secured notes transaction and US$475 million new term loan which enabled it to refinance TPHL’s debt and implement a comfortable, lower cost and longer-term debt maturity schedule following the refinancing exercise.
These new debt issuances have excluded from any lien reserves, and importantly, property not required for core business operations. In addition, after TPHL refinanced most of its liabilities through Heritage, TPHL no longer has the administrative default that forced it to classify total liabilities as short-term.
S&P Global also withdrew its issue-level ratings on TPHL's 9.75% senior secured notes due 2026 and 6% senior unsecured senior notes due 2022 after full repayment in the recent refinancing exercise.
Chairman of TPHL and Heritage Michael Quamina commented: “We are very pleased with this most recent upgrade. Against the backdrop of increased oil prices on the world market and Heritage’s plans for increased production, we look forward to maximizing returns for the people of Trinidad and Tobago”.
Blame Kamla...
Good news finally in energy
Dizzy28 wrote:Surely this is fake?FB_IMG_1654570186689.jpg
PM INVOKES KUNTA KINTE
Meanwhile the syrians enjoying the profitsmaj. tom wrote:That's where Trinidad reach in 2022. Things are so broken and so bad that the two leaders are trying to legit start a race war to divide the country for more scheming profit. Two big hardback donkey jackass who playing like they eh know better and to stop this stink nonsense.
And Trinis like nothing more than this useless picong and scorn and divide to see who better than who.
hover11 wrote:Meanwhile the syrians enjoying the profits
Dizzy28 wrote:Surely this is fake?
hover11 wrote:FixedFB_IMG_1654634335542.jpgDizzy28 wrote:Surely this is fake?FB_IMG_1654570186689.jpg
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