Shareholders won’t be affected in any way by DDL fire – Deputy CEO

The raging fire (GFS photo)
The raging fire (GFS photo)

Demerara Distillers Limited (DDL) has assured shareholders that the fire at its Diamond location last month will not affect their dividends, even as the company’s insurance provider continues investigations for assets that are fully insured.

“To our shareholders, they won’t be affected in anyway whatsoever by the fire,” Deputy Chief Executive Officer of DDL Vasudeo Singh told the Sunday Stabroek when contacted on Friday.

“All of our assets are fully insured…investigations are still taking place,” he added.