LOM Offshore Financial Services Reports 46% Increase in Profits for 2007
LOM (Holdings) Limited (BSX: LOM) today reported that net earnings for the year ended December 31, 2007 rose nearly 50% as compared to year end 2006, to $2.5 million or $0.38 per diluted share. Diluted earnings per share were $0.38 and $0.26 for the year 2007 and 2006, respectively. Total revenue was up 29% to $16.5 million while expansion caused operating costs to rise by 26%, to $14 million.
Tips For Successful Offshore Company Formation
A company formed in a jurisdiction outside the home country of the owner of a company is called an offshore company. Such companies are mostly set up in countries that are a tax haven – where there are no corporate, personal or capital gain tax or restrictions on employment policies. The flourishing corporate scenario, advanced technology and globalization of the economy have given rise to various business opportunities for promising entrepreneurs. This has resulted in a popular trend of forming offshore companies.
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World's Largest Offshore Financial Services Group Sponsors International Golf Tournament
P.I.C. Middle East - a division of the deVere & Partners Group - is pleased to announce the outstanding success of its participation in the events leading up to the World Corporate Golf Challenge.
British Virgin Islands Becoming Increasingly Popular for the Registration of Non-UK Companies Listing on London's Alternative Investment Market
Recently released Hemscott report shows that the British Virgin Islands (BVI) are becoming increasingly popular for the registration of non-UK companies listing on London's Alternative Investment Market (AIM).
Opening an Offshore Banking Account
How to Open an off-shore account
LOM Launches Newly Redesigned Offshore Financial Services Website - LOM.com
The LOM Group, a Bermuda-based offshore financial services company with subsidiary offices in the Bahamas, Cayman Islands, and London, has launched its newly redesigned corporate website. LOM.com, designed with appealing imagery and highly intuitive navigation features for a more user-friendly experience, covers a wide array of topics related to LOM's growing offshore financial services business. One of the more notable additions is the inclusion of an online version of the popular LOM Blue Book, which provides independent research on Bermuda Stock Exchange listed companies.
What Are All the Types of Mutual Funds Available?
When it comes down to it, there are thousands of choices when it comes to investing in mutual funds The only way you're going to know which fund is the best for you is by assessing the investment strategy of that fund and looking at the risks that are associated with it
Offshore Merchant Accounts: A Good Alternative?
Every business that caters to the public, regardless of size, should have the ability to accept credit cards for payment Even companies that serve as vendors for other businesses should be able to process payments using corporate cards
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World's Largest Offshore Financial Services Group Sponsors International Golf Tournament
Abu Dhabi, United Arab Emirates (PRWeb) February 1, 2007 -- P.I.C. Middle East - a division of the deVere & Partners Group - is pleased to announce the outstanding success of its participation in the events leading up to the World Corporate Golf Challenge.
More than 90 of P.I.C.'s Abu Dhabi-based Clients and their guests took part in one of the Challenge's tournaments, held yesterday at the world-class Abu Dhabi Golf Club by Sheraton.
Four of the deVere team players - Steve Rigby, a senior P.I.C. Wealth Adviser, and three of the company's Clients - will proceed to compete in the Emirates Today Corporate Golf Challenge. The UAE's qualifying event for the Regional Final will take place at The Montgomerie Dubai on April 26th.
Hopefully, the team can then qualify and go on to represent deVere & Partners/P.I.C. in the World Corporate Golf Challenge Final in Spain in July.
Yesterday's events were sponsored by six of the deVere Group's most valued Investment Providers: New Star Asset Management, Lakeshore, Forsyth Partners, Generali International, Royal Skandia and Friends Provident International.
"We are delighted to once again support deVere's team," said Philip Goldsmith, New Star's Managing Director International. "We have built a successful partnership with deVere & Partners and are proud to work with the world's biggest offshore financial services groups."
"We at deVere have established a long track-record of maintaining a close and ongoing relationship with our Clients worldwide," said Spencer Lodge, deVere's Middle East Regional Director. "The participation of a group of our Middle East-based Clients in this exciting international event is just one of the many ways that we continue that tradition."
The World Corporate Golf Challenge is one of the largest and most exclusive corporate golf events in the world. Since its inception in 1993, over 750,000 business executives from around the globe have participated in this prestigious event.
deVere & Partners is the world's largest and most respected Independent Offshore Financial Advisory Services Group, with close to 200 expert Financial Advisers in more than 35 countries. Collectively, the deVere businesses service more than 30,000 Clients, in 105 countries, with in excess of $6billion of funds under administration and management.
P.I.C., the company's Dubai-based Middle East operation, is among the business' most successful and dynamic branches.
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