News about the Cayman Islands in the Foreign Press

Thursday, December 4, 2003

$1 million raised from Cayman investor

BOSTON, USA - According to the Boston Globe, Apogee Technology Inc raised $1 million from an unidentified investor in the Cayman Islands by selling shares for $10 each, though the market's price of the same stock ranged from $16.12 to $20.79.

American philanthropist suffers stroke in Little Cayman

MIAMI, USA - The Muncie Star Press reports that well-known American philanthropist Virginia Ball died on Monday morning in Miami Baptist Hospital in Miami. She was taken there after she suffered a stroke Sunday while vacationing in Little Cayman.

Cayman company partners with Kadhafi

LONDON, England - According to the Mena Report, Libyan leader Moamer Kadhafi has purchased shares in Oryx Natural Resources (ONR), a subsidiary of the Oryx Group, a private mining company incorporated in the Cayman Islands. 

Argentina tries to block Cayman investors

NEW YORK, USA - Bloomberg News reports that Argentina is seeking to block investor Kenneth Dart from collecting on a $724 million judgment along with another $172 million claimed by NML Capital Ltd, based in the Cayman Islands.

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