September 19, 2024

Caribbean Broadcasting Corporation

The most credible news source in Barbados

NPHL shareholders receive payout

August 15, 2024

Government and other shareholders of Needham’s Point Holdings Limited (NPHL) have received a payout as a result of the Hilton Hotel’s good performance.

Government is the main shareholder of Needham’s Point Limited which owns the hotel.

Chairman Junior Walrond says the two cents per share dividend signals the recovery of the tourism industry after the COVID-19 pandemic.

He says it reflects the company’s improved performance in the wake of challenges posed by the world order.

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