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Issue No. 666 Monday, 31 May 2004

Dart Building a New School

As part of phase one of its 240-acre master-planned development, Dart Realty (Cayman) Ltd announced last Wednesday night that it was building a state-of-the-art school that will be leased to the Cayman International School.  The new school is scheduled, pending Central Planning Authority approval, to be ready in time for the start of the 2006/07 school year and will be located east of Esterly Tibbetts Highway... read more...


Cuban Refugees Repatriated

The group of Cuban migrants that arrived in the Cayman Islands by boat between 23 and 27 April were repatriated to their native country last Wednesday, according to a press release issued by the Portfolio of Internal & External Affairs... read more...


Halliburton clarifies its legal corporate standing

Through correspondence with the Halliburton Corporation based in Houston, Cayman Net News has received clarification of the international oil services conglomerate’s reasons for its Cayman Islands incorporation... read more...


Hedge fund fears tackled during SEGOES forum

On Thursday 10 May SEGOES Securities hosted a seminar on the Truth about Hedge Funds at the Hyatt Britannia Ballroom.  At the invitation of SEGOES, Dr James Park, JD, a graduate of Wharton School of Finance and Chief Executive Officer of PARADIGM Global Advisors, brought his 12 years of experience in hedge fund portfolio management to the Cayman audience... read more...


Cayman Free Press shareholder narrows scope of assets sales

Hollinger International Inc, owner of a 40 percent interest in Cayman Free Press, has shifted its focus and now plans to sell its high-profile British media assets, taking its Chicago newspaper group off the market and ruling out a sale of the entire company, the Toronto Globe and Mail reports.  Sources close to the company also said last week it might still consider selling The Jerusalem Post, and smaller newspapers and trade magazines in Canada... read more...


Person of the Day - Joan Stanley

The new decorator of ice-cream cakes at Baskin Robbins is Joan Stanley, originally from St Ann’s parish in Jamaica, which she lovingly refers to as “the garden parish of Jamaica.”  She arrived in Grand Cayman a mere two-and-a half months ago to join her husband Paul. The two of them work hard to provide the best future for their children, Yanique and Oshaim.  Joan describes herself as a friendly person... read more...


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