AGP Executive Report
Last update: 3 hours agoCapital Markets: Cayman-based digital-asset platform Bullish named former NYSE President Stacey Cunningham as its president, as it works to connect traditional markets with blockchain technology. Silexion Therapeutics, which announced its reverse share split from Grand Cayman, will combine every 24 shares into one to help meet Nasdaq’s minimum bid-price requirement. Cayman-Linked IPO: Payments company OPay withdrew its planned $304 million US listing after disclosing an inquiry by an unnamed regulator. Its holding company is based in Cayman; the company has not identified the inquiry or been accused of wrongdoing. Tax and Transparency: The Cayman Islands ranked second in the Tax Justice Network’s Corporate Tax Haven Index, behind the BVI. The group says the index measures the scope for multinational profit shifting, not illegal activity. Local Economy: Caribbean Utilities reported strong third-quarter performance, with fuel efficiency and long-term investment among its priorities. Cayman’s low season is also recording tourism growth, according to local reporting.
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