Mayberry Investments Limited has increased its stake in LASCO Financial Services Limited to 20-percent.
The announcement was made by LASCO’s Chairman, Lascelles Chin, yesterday.
Mr. Chin says Mayberry’s increased stake will improve the capacity of LASCO Financial Services to compete more aggressively in the Financial Services Business.
LASCO’s business portfolio includes currency trading, loans and remittance services.
Mayberry’s increased holdings in LASCO Financial Services, will see two of its top executives, Gary Peart and Christopher Berry, being appointed to the company’s Board.