VM Investments secures court order to pause Kintyre reorganisation

VM Investments Limited (VMIL) has moved to tighten its grip on the long-running restructuring of Kintyre Holdings Jamaica Limited (KHJL), after securing an interim court order that temporarily blocks changes to key shareholdings linked to the company. In a release issued on Wednesday, VMIL confirmed that the Supreme Court of Jamaica granted the order, restraining certain actions involving shares and assets connected to entities with interests in Kintyre. The ruling takes effect pending a further hearing in the matter, scheduled for April 27.