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Conister Trust, which today ( Monday November 12th) has moved into new custom made offices in the Isle of Man Business Park, has raised over
7 million pounds by selling more than 8 million shares at 85 pence each to Helvetica Strategic Holdings. .
It will give Helvetica a 16.5% share holding.
The firm says it is to use the proceeds to fund the development costs of the
prepaid card business, new banking initiatives and to strengthen the balance
sheet.
Dry cleaning business to close after 22 years
Manx Telecom announces merger with JT Group
Unemployment remains at 0.6 percent as vacancies rise
