Polaris Holding Company Ltd. (POLAR.BH) is the parent company of Stevedoring Services Limited, Mill Reach Holding Limited, East End Asphalt Company Limited and Equipment Sales and Rentals Limited.
Stevedoring Services Limited (formerly listed on the BSX under ticker: STVD.BH) is a stevedoring company with a license to operate the Hamilton docks in Bermuda.
Mill Reach Holding Limited owns and manages property located at #7 Mills Reach Lane, Pembroke, Bermuda.
East End Asphalt Company Limited is Bermuda’s leading asphalt manufacturing and paving company.
Equipment Sales and Rentals Limited owns the heavy equipment which is leased to Stevedoring Services Limited.
The reorganization of the companies, with the exception of East End Asphalt Company Limited, was made under a Scheme of Arrangement in accordance with the Companies Act 1981 and was agreed by the shareholders of Stevedoring Services Limited on Wednesday, 16 March 2011 and was sanctioned by the Bermuda Supreme Court on Friday, 25 March 2011.
As a result of the reorganization, trading in shares of Stevedoring Services Limited on the Bermuda Stock Exchange ceased and its listing was cancelled. The common shares of Polaris Holding Company Ltd. were approved for listing on the Bermuda Stock Exchange effective Monday, 28 March 2011.
Shareholders of Stevedoring Services Limited became shareholders of Polaris Holding Company Ltd. in the same proportion as their current shareholding (i.e. for each share of Stevedoring held they receive a share of Polaris).
In March 2019 Polaris acquired East End Asphalt Company Limited, Bermuda’s only privately held asphalt manufacturer and provider.
Date | Shares Issued | Price | Market Cap |
---|---|---|---|
2022/07/04 | 1,188,302 | 8 | 9,506,416 |
TRADING HOURS | LOCATION |
---|---|
08:30-09:00 Price Discovery | Exchange House |
09:00-16:30 Continuous Trading | 110 Pitts Bay Road |
Pembroke, Bermuda | |
CONTACT DETAILS | MAILING ADDRESS |
TEL: +1 (441) 292 7212 | P.O. Box HM 1369 |
FAX: +1 (441) 292 7619 | Hamilton HMFX |
Contact Us (info@bsx.com) |
DISCLAIMER |
---|
The information contained in these pages has been obtained from sources which The Bermuda Stock Exchange believes are reliable. However, the accuracy of the information cannot and is not guaranteed and The Bermuda Stock Exchange makes no representation as to its accuracy or completeness. Neither this Web site, nor any information contained herein, constitutes advice or a solicitation to subscribe, purchase or sell any securities. The Bermuda Stock Exchange expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon any part of the contents of this site or any external sites referenced from this website. |