Cable Bahamas Limited (CAB) – Delayed Financial Statements

Cable Bahamas Limited (CAB) has advised that the submission of their Audited Financial Statements for the year ended June 30, 2017,  intended for September 15, 2017,  has been delayed due to the passage of Hurricane Irma.

CAB advised that the Company’s Board and Committee meetings were scheduled to begin at 8:00 a.m. on Monday, September 11, 2017, to approve the year end results. However, given the meetings’ proximity to the weekend, when Hurricane Irma was expected to severely impact the islands of the Central Bahamas including New Providence, CAB postponed the scheduled meetings in anticipation of the aftermath of the hurricane.

CAB has further advised that they would be evaluating a new date as soon as they are able to do so after the passage of the hurricane and advise the JSE accordingly.