Amiworld, Inc. was incorporated in the State of New York, USA. The company was formed to invest primarily in real estate along the Eastern seabord of the USA, but other regions of the USA as well as the Caribbean will be considered. The company plans to acquire properties such as hotels, conference centres and golf resorts lacking proper management. The company will apply its management skills to the properties, establish improved operating performance of the properties and then look to sell them onwards.
The issue is being introduced for listing on the Mezzanine Market of the Exchange which is for securities that are aimed at Qualified Investors, being individuals or institutions which invest either a minimum of $100,000 or otherwise meet one of the suitability tests defined by the Exchange.
The listing of Amiworld, Inc. is being sponsored by Voyager Financial Services Limited, a Lead Sponsor, with Tremont Capital Limited as Co-Sponsor, both of Hamilton, Bermuda.
Mr. Mamoru Saito, CEO of Amiworld, Inc. commented, "We are very pleased and honoured to be part of the BSX. The BSX is dynamic and highly respected. We plan to be part of the Bermudian business community for many years to come."
Paul D. Lemmon, Managing Director of Voyager Financial Services Ltd. stated, "I am pleased that Amiworld, Inc. has chosen the BSX for listing their shares, which hopefully will yield more Japanese interests in Bermuda and the benefits of the BSX."
"The Bermuda Stock Exchange is pleased that Amiworld, Inc. chose to list its shares on the Exchange. Amiworld, Inc. is illustrative of the type of company for which our growing Mezzanine Market product was developed," said Mr. James S. McKirdy, Listing Manager of the BSX. "The BSX's Mezzanine Market is designed to provide new high tech and other development stage companies with a listing venue that offers proper regulatory oversight and potential for access to a sophisticated investor base."