Hong Kong-based re-insurer Peak Re acquires complete ownership of NAGICO
PHILIPSBURG — Insurance Company Nagico will become 100 percent subsidiary of Peak Re (Peak Reinsurance Company), pending regulatory approval, NAGICO said in a press statement. Peak Re is a Hong Kong-based reinsurance specialist. On its website it reports 550 clients in more than seventy countries and $1.7 billion in gross written premiums per More...
How Dutch is Ballast Nedam?
PHILIPSBURG — Ballast Nedam is generally recognized as a Dutch construction company. There is however nothing Dutch about the chairman of the board or about Ballast Nedam’s parent company. The chairman More...
Ballast Nedam wins bid for airport reconstruction project
PHILIPSBURG — Dutch construction company Ballast Nedam has won the bid for the airport terminal reconstruction project. The Princess Juliana International Airport Operating Company (PJIAE) hails de winner More...
Sol takes steps to further energize St. Maarten community
CAY BAY — Sol Antilles N.V. (Sol), the Caribbean’s leading provider of petroleum-based energy solutions has taken a major step towards further energizing the island of St. Maarten. This comes with the recent More...
Prosecutor’s Office starts preliminary criminal investigation into GEBE oil spill
CAY BAY — The Prosecutor’s Office OM SXM has launched a preliminary criminal investigation into the major oil spill that occurred on Tuesday in the vicinity of the Cay Bay power plant of utilities company More...
Blistering response to allegations from GEBE’s board member Bienvenido Richardson
PHILIPSBURG -- Attorney Jairo Bloem has released a blistering response to accusations GEBE’s board member Bienvenido Richardson leveled at him in a letter dated June 8. Bloem did not react sooner because GEBE’s More...
GEBE Supervisory Board allows attorney Jairo Bloem to defend himself with letter to the media
On June 12th, 2021, a letter of the ex-chairman of the Supervisory Board of NV GEBE, Mr. Bienvenido Richardson, became the subject of an online media article. That letter circulated before in the social media. On More...
GEBE-board strikes back and labels Richardson as “disgruntled”
PHILIPSBURG — The former chairman of the supervisory board of directors of GEBE, Bienvenido Richardson, and “an employee with a high function who reports to the Audit Committee” are responsible for More...
Supervisory Board NV GEBE issues statement
PHILIPSBURG — The Supervisory Board of Directors and the Management Board of NV GEBE took notice of the contents of a letter by a member of the Supervisory Board of NV GEBE addressed to the Prime Minister More...
Corporate Governance Council has reservations about appointment Daniel as GEBE-CEO
PHILIPSBURG -- The Corporate Governance Council expressed concerns in its advice on the possible appointment of Sharine Daniel as the next Chief Executive Officer of utilities company GEBE that are somewhat surprising, More...
