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New investors are not just welcomed, but are being encouraged to be a part of the Initial Public Offering (IPO) for West Indian Traders Ltd.
WITL, a Fast-Moving Consumer Goods (FMCG) wholesale distribution company based in San Juan, Trinidad and Tobago, opened the IPO on May 18, 2025, with 5,062,500 ordinary shares on offer at a price of $2.00 per share.
This offering, according to the IPO's prospectus, consists of 2,700,000 newly issued shares and 2,362,500 existing shares sold by SL Holdings Ltd, which is owned by Sharon and Lindsay Gillette, the latter who is currently chairman of the WITL board.
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