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West Hamilton Holdings Limited announces the receipt of a license issued by the Registrar of Companies.
Hamilton, Bermuda: 15 July 2015 - West Hamilton Holdings Limited (the "Company", BSX Ticker:WHHL.BH) incorporated on May 14, 2007 under the laws of Bermuda and the parent company of West Hamilton Limited, announces the receipt of a license issued by the Registrar of Companies which exempts the Company from the 60 percent Bermudians and 40 percent non-Bermudians ownership rule.
On 9th June 2015 the Minister of Economic Development (the “Minister”) granted a licence pursuant to section 114B of the Companies Act to West Hamilton Holdings Limited to carry on business in Bermuda (the “Licence”). The Licence is to remain in force until July 31, 2020. Thereafter, the Company will conduct business under section 114 as it was prior to the grant of the 114B license.