Additionally, US$90,000.00 was received as semi-annual interest on the US$1 million Cellcom debentures held by NASSCORP while an amount of US$11,540.00 was received as fixed income deposit with Guaranty Trust Bank (Liberia) Limited.
On progress within the investment portfolio of the corporation, the Investment Division reported that the ELWA Commercial Complex which was dedicated on June, 2014 is expected to yield significant returns that would be redirected into other profitable ventures.
As a result of the outstanding performance of Cellcom, regarding the debenture held by NASSCORP with Cellcom, NASSCORP has reinvested additional US$1 million for another five years as of August 22, 2014, among others.
Meanwhile, teh division has disclosed that the investment portfolio as at November 14, 2014 stands at US$37.8 million. The categories of the portfolio include: real property, 63%; financial assets, 33% and loans/guarantee ...Last modified on Tuesday, 21 April 2015