BCB Holdings formerly BB Holdings Limited is a company incorporated in Belize under the International Business Companies Act of Belize. It is a parent company that does not exclusively hold other business operations or assets other than those of its investments in its intercompany balances, consumer services, cash and cash equivalents holdings and corporate clients subsidiaries in the Caribbean region. The Company primarily operates financial services businesses through The Belize Bank Limited "Belize Bank" and Belize Bank International Limited "Belize Bank International", both located in Belize, and "Belize Bank TCI", located in the Turks and Caicos Islands. They have two main assets: OneSource Inc., a leading global outsourced facility services company, and Belize Bank Ltd., which is the leading financial institution in Belize primarily in the United States, and is a major service provider in the outsourcing market and operates in nearly 200 major metropolitan areas in 45 states, as well as Puerto Rico. Belize Bank is Belize's largest full-service bank, claiming a 50 percent market share in the country. Belize Bank has 12 branches across Belize, headquartered in Belize City. Their main operations are consumer lending, commercial lending, deposit taking and other related banking activities. In BB HOLDINGS LIMITED article on placement. of $50,000,000 at a 10% fixed rate on unsecured loan notes due 2013 and the issuance of warrants to subscribe for 7,692,308 new common shares at $6.50 per new common share. At that time BB Holdings was looking to expand these operations and exploit c...... middle of paper ...... compared to an investment in securities listed in the Official List under the AIM Rules because they are less demanding and investors they may not be able to recover their original investment. There can be no assurance that the Government of Belize will not modify, amend, repeal or further promulgate any rule, regulation or law that would impose restrictions on the rights of non-Belizese investors to hold, transfer or vote shares of the Company, or that would eliminate or reduce any rights or benefits that the Company may have as a result of its incorporation under the IBCA. As an international trading company incorporated under the IBCA, the Company is deemed to be non-resident of Belize for exchange control purposes. there is no obligation for the Company to hold general meetings and the share capital of the Company may be increased and reorganized without the prior approval of the shareholders.
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