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TDC, the St. Kitts Nevis Anguilla Trading & Development Company Limited (TDC) is a vibrant, innovative, and diverse Public Company that opened its doors for business on 1st February 1973. In the ensuing years, it has grown significantly and now operates strategic business units in the fields of Trading, Finance, Tourism, Development, and Manufacturing. The Parent Company TDC Ltd., has its Registered Head Offices at Fort Street in Basseterre, St Kitts.
Currently, the Group's Corporate structure includes approximately 1300 shareholders, a Board of Directors, which is made up of six (6) Executive Directors and six (6) Non-Executive Directors, Parent Company departments, and Subsidiary and Associated Companies. In June 2003, the TDC Group officially listed on the Eastern Caribbean Securities Exchange (ECSE), which has helped to create the platform for the Organization to fulfill its Vision Statement; to be the leading Public Company in the OECS. Since its establishment, the Company has had as its motto:
"TDC FOR SERVICE, TDC FOR QUALITY,TDC YOUR COMPANY"
The TDC Group of Companies has revolutionized trading in St. Kitts and Nevis. In the process, through the expansion of its original trading businesses, diversification, acquisitions and joint ventures it has become the largest local non-bank business enterprise and one of the largest companies in the OECS region. The Company has always traded profitably and has paid a dividend every year.
TDC's Board of Directors and Senior Management comprise of highly qualified and experienced persons. The Company has several programmes which provides financial assistance to staff pursuing advanced educational training. Currently, there are some 15 persons pursuing undergraduate, graduate and professional courses with the Company's assistance.
The Company has always focused on generating a good return for its shareholders. Dividends per share (DPS), on par value ($5.00), have ranged from 5.5% or 27.5 cents to 11% or 55 cents during the period 1994 to 2003. Earnings per share (EPS) for the same period has ranged from 88 cents to $1.58. The Dividend payout ratio has averaged 40% for the same period. Since inception, the Company has sold five issues of its shares to the Public, and has facilitated hundreds of private transfers through the Company's Corporate Secretariat and Share Registry. The shares outstanding currently total 5,000,000, with the directors and staff owning 17%, institutions 28% and other individuals 55%. Shares have changed hands at the price of $10 each over the last three years.
CORPORATE STRATEGY
TDC's strategy is to deliver a superior customer/client experience and to build deeper long-term relationships by offering the most complete range of products and services of the highest possible quality. The Company aims to do this with investments in every facet of the business but most importantly, in the development of our human resources to ensure above market returns on shareholders' funds.
COMPANY PRIORITIES
1. To intensify focus on the development of all employees at every level.
2. To continue the improvement of the Group's properties, plant, equipment and systems.
3. To intensify the process of diversification and expansion of the Group's operations into services locally and regionally.
4. To deliver the company's offering of goods and services at the lowest possible cost.
COMPANY VISION
To be the leading Public Company in the OECS as measured by:
- Customer Satisfaction
- Return on Investment (ROI)
- Human Resources Development
- Good Corporate Citizenship
PARENT COMPANY DEPARTMENTS
- Administration
- Accounts
- Internal Audit
- Client Relations & Marketing
- Human Resources
- Purchasing/Inventory
- Customs
- Credit
- Information Technology (IT)
- Real Estate & Development
- Business Equipment/Grand Rentals
- Home & Building Depot
- Automotive Division
- Sandy Point
TDC GROUP OF COMPANIES - SUBSIDIARY COMPANIES
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(Wholly-owned and resident in St. Kitts-Nevis
except where otherwise stated)
GENERAL TRADING:
TDC Nevis Ltd
City Drug Store (2005) Ltd.
RENTAL AND HIRE PURCHASE:
TDC Rentals Ltd
TDC Rentals (Nevis) Ltd
INSURANCE AND REINSURANCE:
St. Kitts Nevis Insurance Co Ltd (SNIC)
SNIC (Nevis) Ltd
East Caribbean Reinsurance Co Ltd - 80% (Anguilla)
FINANCE:
St. Kitts Nevis Finance Co Ltd (FINCO)
Mercator Caribbean Trust Company Ltd - 51%
AIRLINE AGENTS AND TOUR OPERATORS:
TDC Airline Services Ltd
TDC Airline Services (Nevis) Ltd
TDC Tours Ltd
REAL ESTATE DEVELOPMENT:
TDC Real Estate and Construction Ltd
Conaree Estates Ltd
Dan Dan Garments Ltd |
HOTEL OPERATOR:
Ocean Terrace Inn Ltd
OTI Pieces of Eight Ltd
Pelican Cove Marina Ltd
SHIPPING SERVICES:
Sakara Shipping NV- (Tortola, BVI)
ASSOCIATED COMPANIES:
(Holding between 20% and 50%)
BLOCK MANUFACTURING AND READY MIX
CONCRETE:
St. Kitts Masonry Products Ltd - 50%
MANUFACTURERS OF AERATED BEVERAGES:
St. Kitts Bottling Co Ltd
Antillean Beverages Ltd
INSURANCE:
Malliouhana Anico Insurance Co Ltd - 25% (Anguilla)
HOTEL DEVELOPMENT
Cable Bay Hotel Development Co Ltd -36 %
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