TCRLA_Public/170406.mbx         T R O U B L E D   C O M P A N Y   R E P O R T E R

                     L A T I N   A M E R I C A

               Thursday, April 6, 2017, Vol. 18, No. 69


                            Headlines



A N T I G U A  &  B A R B U D A

LIAT: Shareholder Governments to Intervene in Dispute With Workers


A R G E N T I N A

MEGAINVER RENTA: Moody's Affirms B-bf Global Scale Bond Rating
TIERRA DEL FUEGO: Moody's Assigns Caa1 Issuer Rating


C A Y M A N  I S L A N D S

8DOL HOLDING: Creditors' Proofs of Debt Due April 13
AHORA SI: Commences Liquidation Proceedings
AMANNAH MASTER: Commences Liquidation Proceedings
AMIJ INVESTMENT: Creditors' Proofs of Debt Due April 13
ANTONELLA INVESTMENTS: Commences Liquidation Proceedings

ASHMORE TRADING: Commences Liquidation Proceedings
AVIOL INVESTMENT: Commences Liquidation Proceedings
BEI KAI: Sole Shareholder Receives Wind-up Report
BEI KAI CAPITAL: Commences Liquidation Proceedings
BLAZE CORPORATION: Creditors' Proofs of Debt Due April 7

BONA FILM: Court Enters Wind-Up Order
BONANZA MASTER: Creditors' Proofs of Debt Due April 26
BONANZA OFFSHORE: Creditors' Proofs of Debt Due April 26
BONANZA OFFSHORE: Shareholders' Final Meeting Set for May 11
BUCKINGHAM FUND: Commences Liquidation Proceedings

CAPFUL INVESTMENTS: Commences Liquidation Proceedings
CARLYLE ACTIVE: Commences Liquidation Proceedings
CARLYLE ACTIVE MASTER: Commences Liquidation Proceedings
CLAIRSVILLE ENTERPRISES: Commences Liquidation Proceedings
DGAM CDP: Commences Liquidation Proceedings

DGAM DIVERSIFIED: Commences Liquidation Proceedings
DGAM DIVERSIFIED FEEDER: Commences Liquidation Proceedings
DGAM DIVERSIFIED STRATEGIES: Commences Liquidation Proceedings
DGAM HERITAGE: Commences Liquidation Proceedings
DGAM HERITAGE MASTER: Commences Liquidation Proceedings

DGAM MANAGEMENT: Commences Liquidation Proceedings
DGAM MB DIVERSIFIED: Commences Liquidation Proceedings
DGAM MB MASTER: Commences Liquidation Proceedings
DGAM OPPORTUNITIES: Commences Liquidation Proceedings
DGAM PARTNERS: Commences Liquidation Proceedings

DGAM UNIQUE: Commences Liquidation Proceedings
DUKES TRADING: Creditors' Proofs of Debt Due April 7
ESG MACRO: Commences Liquidation Proceedings
ESG MACRO MASTER: Commences Liquidation Proceedings
GAMEGOO GROUP: Shareholders' Final Meeting Set for April 10

GENENCOR INTERNATIONAL: Shareholders Receive Wind-Up Report
GIANO HUNTINGTON II: Shareholders' Final Meeting Set for April 13
GLOBAL MACRO: Creditors' Proofs of Debt Due April 12
GLOBAL MACRO: Shareholders' Final Meeting Set for April 27
GLOBAL MACRO (CAYMAN): Creditors' Proofs of Debt Due April 12

GLOBAL MACRO (CAYMAN): Shareholders' Meeting Set for April 27
HAGORA INVESTMENTS: Shareholders' Final Meeting Today
IVC US: Creditors' Proofs of Debt Due April 10
IVC US: Shareholders' Final Meeting Set for May 1
J-ONE ASSETS: Commences Liquidation Proceedings

KAZIMIR BEI: Shareholder Receives Wind-up Report
KINGDOM 5-KR-103: Commences Liquidation Proceedings
KUDAYA INVESTMENTS: Commences Liquidation Proceedings
LIFE POLICY: Creditors Hold Meeting
MATOSARO INC: Shareholders Receive Wind-Up Report

MCP MOJNA: Commences Liquidation Proceedings
MINGSHEN GLOBAL: Shareholders' Final Meeting Set for April 19
MINGSHEN GLOBAL FUND: Commences Liquidation Proceedings
MSREF VII: Commences Liquidation Proceedings
NALOZO CAYMAN: Shareholders' Final Meeting Today

NEW HORIZON: Shareholders Receive Wind-Up Report
OLYMPIA BRICS: Creditors' Proofs of Debt Due April 13
ORNAVASSO INVESTMENT: Creditors' Proofs of Debt Due April 10
REGENEX HOLDINGS: Commences Liquidation Proceedings
STERLING GK: Shareholders Receive Wind-Up Report

STERLING REALTY: Shareholders Receive Wind-Up Report
STONE DRUM: Shareholders' Receive Wind-up Report
SYMPHONY LIMITED: Shareholders' Final Meeting Set for April 10
TELLURIAN NEW: Creditors' Proofs of Debt Due April 26
TELLURIAN NEW FUND: Creditors' Proofs of Debt Due April 26

VEIO CAPITAL: Creditors' Proofs of Debt Due April 12
VEIO CAPITAL MASTER: Creditors' Proofs of Debt Due April 12
VEIO CAPITAL US: Creditors' Proofs of Debt Due April 12
WESVAALSO LTD: Commences Liquidation Proceedings
ZAI PORTOLA: Commences Liquidation Proceedings

ZBJ HOLDINGS: Members Receive Wind-up Report


D O M I N I C A N   R E P U B L I C

DOMINICAN REP: Industries Agree With Wage Hike, but SMEs Weigh
DOMINICAN REP: 20% Wage Hike Means Bankruptcy, Employers Warn


M E X I C O

CI CASA: Moody's Cuts Global Long-Term LC Issuer Rating to Caa1
GRUPO KALTEX: S&P Assigns 'B+' CCR, Outlook Stable


S T.  L U C I A

ST. LUCIA: IMF Says Economic Growth Remains Subdued


T R I N I D A D  &  T O B A G O

TRINIDAD & TOBAGO: Intellectual Property Cited as Cash Cow


                            - - - - -


===============================
A N T I G U A  &  B A R B U D A
===============================


LIAT: Shareholder Governments to Intervene in Dispute With Workers
------------------------------------------------------------------
The Daily Observer reports that Julie Reifer-Jones, the acting
chief executive officer LIAT, operating as Leeward Islands Air
Transport, said the shareholder governments have agreed to
intervene in the carrier's latest dispute with workers.

The unions representing the staff have said no to the company's
plan to pay salaries late because of it's financial woes,
according to The Daily Observer.  The unions have also threatened
to take action if Liat goes ahead with the deferrals, the report
notes.

Mr. Reifer-Jones has confirmed that she sent a letter to the
Chairman of the shareholder governments, Dr. Ralph Gonsalves,
asking him to urgently intervene, the report relays.

The acting CEO says the leaders have agreed to a meeting, which is
to be held sometime next week in Barbados, the report notes.

She however declined to say who would be at the talks and what
would be discussed, the report relays.

She did say the agenda would be wide-ranging and that the session
would determine how Liat moves forward with the deferral of
salaries, the report adds.


                            About LIAT

LIAT, operating as Leeward Islands Air Transport, is an airline
headquartered on the grounds of V. C. Bird International Airport
in Antigua.  It operates high-frequency inter-island scheduled
services serving 21 destinations in the Caribbean.  The airline's
main base is VC Bird International Airport, Antigua and Barbuda,
with bases at Grantley Adams International Airport, Barbados and
Piarco International Airport, Trinidad and Tobago.

                         *     *     *

The Troubled Company Reporter-Latin America, citing Trinidad
Express, on November 24, 2016 reported that the Barbados
government defended the operations of the cash-strapped regional
airline, LIAT, even as opposition legislators called for it to be
stop being a financial burden on the island. Both Prime Minister
Freundel Stuart and his Finance Minister, Chris Sinckler, defended
the airline, whose major shareholders are Antigua and Barbuda,
Barbados, Dominica and St. Vincent and the Grenadines. Mr. Stuart,
speaking in Parliament, said despite the criticism the value of
the airline should not be underestimated that the Antigua-based
LIAT remains "important to Barbados.

According to the TCR-LA in May 8, 2015, the Daily Observer said
that LIAT was attempting to lose excess baggage as part of
measures to make the carrier "a smaller airline in 2015."  In a
document, signed by Director of Human Resources Ilean Ramsey,
eligible employees were asked to opt to apply for voluntary
separation or early retirement packages to avoid being
made redundant, according to The Daily Observer.

TCRLA reported on Dec. 2, 2014, citing Caribbean360.com, that
chairman of the shareholder governments of the financially
troubled regional airline LIAT, Dr. Ralph Gonsalves said while he
is unaware of the details regarding any possible retrenchment of
employees, the airline needs to deal with its high cost of
operations.

The TCR-LA on March 10, 2014, citing Caribbean360.com, reported
that LIAT said it will take "decisive action" to deal with
unprofitable routes as the Antigua-based airline seeks to make its
operations financially viable.

On Sept. 23, 2013, the TCRLA, citing Trinidad and Tobago Newsday,
reported that there's much upheaval at the highest levels of
LIAT -- the Board and the Executive. Following the sudden
resignation of Chief Executive Officer Captain Ian Brunton, David
Evans replaced Mr. Brunton as chief executive officer.


=================
A R G E N T I N A
=================


MEGAINVER RENTA: Moody's Affirms B-bf Global Scale Bond Rating
--------------------------------------------------------------
Moody's upgrades Megainver Renta Global FCI's national scale bond
fund rating to Aa-bf.ar from Baa-bf.ar. Additionally, Moody's
affirmed Megainver Renta Global FCI's global scale bond fund
rating at B-bf. Megainver Renta Global FCI is a bond fund managed
by Megainver SASGFCI.

RATINGS RATIONALE

"The upgrade of the national scale rating is driven by the change
in investment strategy and the positive impact it will have on the
fund's credit profile. The new more conservative investment
strategy will allocate over 75% of the fund's assets to local T-
bills issued by the Local Central Banks (LEBACs). This compares to
the previous investment strategy which invested largely in lower
quality local government bonds," said analyst Carlos de Nevares.
The remainder of the fund's asset allocation will be invested in
Corporate bonds, ABS and sovereign bonds. Based on this portfolio
composition, the fund is expected to maintain a higher maturity-
adjusted weighted average credit quality consistent with a rating
of B-bf/Aa-bf.ar.

Megainver SGFCI SA, is a medium-sized independent asset manager
with a 3.1% of market share, and which has been operating in the
Argentinean mutual fund sector for over five years. As of February
2017, Megainver SGFCI SA managed approximately ARS 12,945 million
in assets, or approximatelly USD 809 million.


TIERRA DEL FUEGO: Moody's Assigns Caa1 Issuer Rating
----------------------------------------------------
Moody's Investor Services has assigned Caa1 (Global Scale foreign
currency) issuer rating to the Province of Tierra del Fuego. At
the same time, Moody's has assigned a B3 rating to the Province's
planned Secured Notes which are expected not to exceed USD200
million, due in 2027. The outlook on Tierra del Fuego's Global
Scale issuer rating is stable.

The following rating actions were taken:

Assignments:

Issuer: Tierra del Fuego, Province of

-- Issuer Rating, Assigned Caa1

-- Senior Secured Regular Bond/Debenture, Assigned B3

RATINGS RATIONALE

The Caa1 issuer rating assigned to Tierra del Fuego reflects its
key credit strengths and weaknesses. Among its key credit
strengths Moody's notes some specific strengths of its economy,
like the sustained record of low unemployment -- in a low single
digit-, its higher than national average Gross Domestic Product
(GDP) per capita and the moderate diversification of its economy
in terms of economic activities. Tierra del Fuego's per capita GDP
represented an estimated 208% of the Argentine national average in
2014. Other key credit strengths is the above average own-source
revenue composition. Tierra del Fuego's own-source revenue as a
percentage of its total revenues averaged almost 55.3% during the
years 2011-2015, which is above the median for its national peers.

Offsetting these strengths, Moody's points out Tierra del Fuego's
very weak overall operating and financial performance which has
led to a growing debt with suppliers and potential liquidity
pressures. During 2011-2015, this province's gross operating and
cash financing deficits averaged -7.4% and -7.6% of its operating
and total revenues respectively, a situation that will take time
to improve on a persistent basis. Other key challenges include
very high expense rigidity associated with public employees, its
growing debt level and the weak institutional framework under
which the province operates. After the issuance of these Notes,
Moody's anticipates that provincial debt to total revenues will
rise to 61% by the end of this current fiscal year, from the 47%
estimated level at the end of 2016.

RATIONALE FOR THE STABLE OUTLOOK

The stable outlook assigned to Tierra del Fuego's reflects Moody's
opinion that despite its very weak financial situation, the
efforts made by the current administration to improve its
operating performance --as evidenced by the better results during
the nine-months period ended September 30, 2016 -- should ensure
that no further significant deterioration will occur. At the same
time, any anticipated positive movement stemming from the
administration's efforts will it take time before a clear, robust
and sustainable trend is achieved.

RATIONALE FOR THE RATING ON SECURED NOTES

The B3 rating on the Secured Notes of the province -- which is one
notch above the issuer rating -- reflects that they will be
secured by a 100% percentage of hydrocarbon royalties to be paid
to the Province by certain oil and gas producers operating in the
province. The Province of Tierra del Fuego has ceded the rights
and flows of the equivalent of 100% of hydrocarbon royalties which
will flow directly from the oil and gas producers to the local
trust: Banco de Valores S.A. and from it to the paying trust in
the U.S. The Bank of New York Mellon. In Moody's base case
scenario, the lowest debt service coverage will be 1.39x during
the life of the Notes which would fall to 1.16x at the lowest
point in the stress scenario. The presence of this special credit
enhancement differentiates these Notes from the general issuer
rating levels of Tierra del Fuego and makes them a stronger credit
for investors.

The planned issuance has been authorized by the Provincial Law
Nß1132. The Notes will constitute direct, general, unconditional
and unsubordinated obligations of the Province.

The Notes will be denominated and payable in US dollars, will be
subject to the law of the State of New York and will provide a
grace period of 2 years before amortizing in thirty-three
quarterly installments. They will pay fixed interest rate on a
quarterly basis. The Province of Tierra del Fuego will use the net
proceeds of the issuance of the Notes to fund certain
infrastructure projects.

The assigned B3 rating to the Notes is based on preliminary
documentation received by Moody's as of the rating assignment
date. Moody's does not expect changes to the documentation
reviewed over this period nor anticipates changes in the main
conditions that the Notes will carry. Should issuance conditions
and/or final documentation of the Notes deviate from the original
ones submitted and reviewed by the rating agency, Moody's will
assess the impact that these differences may have on the ratings
and act accordingly.

WHAT COULD CHANGE THE RATING UP/DOWN

The sustained improvement in Tierra del Fuego's intrinsic credit
profile -- i.e. by means of a sustained trend in operating and
total fiscal surpluses- and/or an upgrade of Argentina's sovereign
bonds and improvement of the country' operating environment could
lead to upgrade pressure of the Province of Tierra del Fuego's
ratings. Conversely, a downgrade in Argentina's bond ratings
and/or systemic deterioration or idiosyncratic risks arising in
this Province -- such as an additional deterioration of its
operating and financial results or significantly higher than
expected debt levels- could exert downward pressure on the ratings
assigned.


==========================
C A Y M A N  I S L A N D S
==========================


8DOL HOLDING: Creditors' Proofs of Debt Due April 13
----------------------------------------------------
The creditors of 8DOL Holding Inc. are required to file their
proofs of debt by April 13, 2017, to be included in the company's
dividend distribution.

The shareholder of 8DOL Holding Inc. will also hear on April 13,
2017, the liquidator's report on the company's wind-up proceedings
and property disposal.

The company commenced liquidation proceedings on Feb. 20, 2017.

The company's liquidator is:

          Gu Wen
          Michelle R. Bodden-Moxam
          Portcullis (Cayman) Ltd
          The Grand Pavilion Commercial Centre
          Oleander Way, 802 West Bay Road
          P.O. Box 32052 Grand Cayman KY1-1208
          Cayman Islands


AHORA SI: Commences Liquidation Proceedings
-------------------------------------------
The sole shareholder of Ahora SI, on Feb. 28, 2017, passed a
resolution to liquidate the company's business.

Creditors are required to file their proofs of debt by April 13,
2017, to be included in the company's dividend distribution.

The company's liquidator is:

          Maricorp Services Ltd.
          c/o Roger L Nelson
          31 The Strand
          P.O. Box 2075 Grand Cayman, KY1-1105
          Cayman Islands
          Telephone: (345) 949-9710


AMANNAH MASTER: Commences Liquidation Proceedings
-------------------------------------------------
The shareholder of Amannah Master Fund, on Feb. 21, 2017, passed a
resolution to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          David Griffin
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street
          Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Telephone: +1 (345) 743 6830


AMIJ INVESTMENT: Creditors' Proofs of Debt Due April 13
-------------------------------------------------------
The creditors of AMIJ Investment Company are required to file
their proofs of debt by April 13, 2017, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on March 2, 2017.

The company's liquidator is:

          CDL Company Ltd.
          P.O. Box 31106 Grand Cayman KY1-1205
          Cayman Islands


ANTONELLA INVESTMENTS: Commences Liquidation Proceedings
--------------------------------------------------------
At an extraordinary meeting held on Feb. 27, 2017, the sole
shareholder of Antonella Investments Limited passed a resolution
to liquidate the company's business.

Only creditors who were able to file their proofs of debt by
March 20, 2017, will be included in the company's dividend
distribution.

The company's liquidator is:

          Captiva (Cayman) Ltd.
          c/o Margo Whittaker
          P.O. Box 32315 Grand Cayman KY1-1209
          Cayman Islands
          Telephone: (345) 946-4111
          Facsimile: (345) 946-4222

ASHMORE TRADING: Commences Liquidation Proceedings
--------------------------------------------------
The sole shareholder of Ashmore Trading Corp. resolved, on
Feb. 21, 2017, to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Ashmore Trading Corp.
          c/o Jose A. Toniolo
          307 Fair Banks Road
          Apt. 50, George Town
          Grand Cayman
          Cayman Islands
          Telephone: (345) 916 2956


AVIOL INVESTMENT: Commences Liquidation Proceedings
---------------------------------------------------
Aviol Investment Management Ltd. commenced liquidation
proceedings.

Only creditors who were able to file their proofs of debt by
March 27, 2017, will be included in the company's dividend
distribution.

The company's liquidator is:

          Gerrit Berend Oldekamp
          Smallepad 30 F, 3811 MG
          Amersfoort
          the Netherlands


BEI KAI: Sole Shareholder Receives Wind-up Report
-------------------------------------------------
The sole shareholder of Bei Kai Capital Holdings Limited receive
the liquidator's report on the company's wind-up proceedings and
property disposal at a final meeting held April 5, 2017, at 11:00
a.m.

The company commenced liquidation proceedings on Feb. 20, 2017.

Creditors were required to file their proofs of debt to be
included in the company's dividend distribution.

The company's liquidator is:

          Frances Holliday
          Kazimir Partners (UK) Limited
          2 Eaton Gate
          London SW1W 9BJ


BEI KAI CAPITAL: Commences Liquidation Proceedings
--------------------------------------------------
The sole shareholder of Bei Kai Capital Partners Limited resolved,
on Feb. 28, 2017, to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Frances Holliday
          c/o Jasmine Amaria
          Walkers
          6 Gracechurch Street
          London
          EC3V 0AT
          Telephone: +44 (0)20 7220 4975


BLAZE CORPORATION: Creditors' Proofs of Debt Due April 7
--------------------------------------------------------
The creditors of Blaze Corporation are required to file their
proofs of debt by April 7, 2017, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on Feb. 28, 2017.

The company's liquidator is:

          Matthew Wright
          c/o Omar Grant
          Windward 1, Regatta Office Park
          P.O. Box 897 Grand Cayman KY1-1103
          Cayman Islands
          Telephone: (345) 949 7576
          Facsimile: (345) 949 8295


BONA FILM: Court Enters Wind-Up Order
-------------------------------------
The Grand Court of Cayman Islands, on Feb. 13, 2017, entered an
order to wind up the operations of Bona Film Group Limited.

The company's liquidators are:

          Michael Edward George Saville
          Grant Thornton Specialist Services (Cayman) Limited
          10 Market St
          P.O. Box 765, Camana Bay
          Grand Cayman, KY1 9006; and

          David Bennett
          Grant Thornton, 12th Floor
          Hennessy Road, Wanchai
          Hong Kong


BONANZA MASTER: Creditors' Proofs of Debt Due April 26
------------------------------------------------------
The creditors of Bonanza Master Fund, Ltd. are required to file
their proofs of debt by April 26, 2017, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Feb. 22, 2017.

The company's liquidator is:

          DMS Corporate Services Ltd.
          c/o Nicola Cowan
          dms House, 2nd Floor
          P.O. Box 1344 Grand Cayman KY1-1108
          Cayman Islands
          Telephone: (345) 946 7665
          Facsimile: (345) 949 2877


BONANZA OFFSHORE: Creditors' Proofs of Debt Due April 26
--------------------------------------------------------
The creditors of Bonanza Offshore, Ltd. are required to file their
proofs of debt by April 26, 2017, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on Feb. 22, 2017.

The company's liquidator is:

          DMS Corporate Services Ltd.
          c/o Nicola Cowan
          dms House, 2nd Floor
          P.O. Box 1344 Grand Cayman KY1-1108
          Cayman Islands
          Telephone: (345) 946 7665
          Facsimile: (345) 949 2877


BONANZA OFFSHORE: Shareholders' Final Meeting Set for May 11
------------------------------------------------------------
The shareholders of Bonanza Offshore, Ltd. will hold their final
meeting on May 11, 2017, at 4:00 p.m., to receive the liquidator's
report on the company's wind-up proceedings and property disposal.

The company's liquidator is:

          DMS Corporate Services Ltd.
          c/o Nicola Cowan
          dms House, 2nd Floor
          P.O. Box 1344 Grand Cayman KY1-1108
          Cayman Islands
          Telephone: (345) 946 7665
          Facsimile: (345) 949 2877


BUCKINGHAM FUND: Commences Liquidation Proceedings
--------------------------------------------------
The sole shareholder of Buckingham Fund resolved, on Feb. 24,
2017, to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Andrew Morrison
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Cayman Islands
          Telephone: +1 (345) 743 6830


CAPFUL INVESTMENTS: Commences Liquidation Proceedings
-----------------------------------------------------
Capful Investments Inc. commenced liquidation proceedings.

Only creditors who were able to file their proofs of debt by
March 13, 2017, will be included in the company's dividend
distribution.

The company's liquidator is:

          Barry Mitchell
          Flat B, 53rd Floor, Block 3, The Merton
          8 Davis Street, Kennedy Town
          Hong Kong


CARLYLE ACTIVE: Commences Liquidation Proceedings
-------------------------------------------------
The sole shareholder of Carlyle Active Commodities Fund resolved,
on Feb. 24, 2017, to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Andrew Morrison
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Cayman Islands
          Telephone: +1 (345) 743 6830


CARLYLE ACTIVE MASTER: Commences Liquidation Proceedings
--------------------------------------------------------
The sole shareholder of Carlyle Active Commodities Master Fund
resolved, on Feb. 24, 2017, to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Andrew Morrison
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Cayman Islands
          Telephone: +1 (345) 743 6830


CLAIRSVILLE ENTERPRISES: Commences Liquidation Proceedings
----------------------------------------------------------
The shareholders of Clairsville Enterprises Inc. resolved, on
Feb. 20, 2017, to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Clairsville Enterprises Inc.
          Jose A. Toniolo
          307 Fair Banks Road
          Apt. 50, George Town
          Grand Cayman
          Cayman Islands
          Telephone: (345) 916 2956


DGAM CDP: Commences Liquidation Proceedings
-------------------------------------------
The shareholder of DGAM CDP Uniques Stratigies Master Fund, on
Feb. 21, 2017, passed a resolution to liquidate the company's
business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          David Griffin
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street
          Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Telephone: +1 (345) 743 6830


DGAM DIVERSIFIED: Commences Liquidation Proceedings
---------------------------------------------------
The shareholder of DGAM Diversified Fund, on Feb. 21, 2017, passed
a resolution to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          David Griffin
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street
          Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Telephone: +1 (345) 743 6830


DGAM DIVERSIFIED FEEDER: Commences Liquidation Proceedings
----------------------------------------------------------
The sole shareholder of DGAM Diversified Strategies Feeder Fund
resolved, on Feb. 24, 2017, to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Andrew Morrison
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Cayman Islands
          Telephone: +1 (345) 743 6830


DGAM DIVERSIFIED STRATEGIES: Commences Liquidation Proceedings
--------------------------------------------------------------
The sole shareholder of DGAM Diversified Strategies Fund resolved,
on Feb. 24, 2017, to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Andrew Morrison
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Cayman Islands
          Telephone: +1 (345) 743 6830


DGAM HERITAGE: Commences Liquidation Proceedings
------------------------------------------------
The sole shareholder of DGAM Heritage Fund, on Feb. 21, 2017,
passed a resolution to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          David Griffin
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street
          Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Cayman Islands
          Telephone: +1 (345) 743 6830


DGAM HERITAGE MASTER: Commences Liquidation Proceedings
-------------------------------------------------------
The shareholder of DGAM Heritage Master Fund, on Feb. 21, 2017,
passed a resolution to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          David Griffin
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street
          Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Telephone: +1 (345) 743 6830


DGAM MANAGEMENT: Commences Liquidation Proceedings
--------------------------------------------------
The sole shareholder of DGAM Management Services, Inc. resolved,
on Feb. 24, 2017, to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Andrew Morrison
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street
          Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          c/o Kelsey Hedgecock
          Telephone: +1 (345) 743 6830


DGAM MB DIVERSIFIED: Commences Liquidation Proceedings
------------------------------------------------------
The shareholder of DGAM MB Diversified Fund, on Feb. 21, 2017,
passed a resolution to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          David Griffin
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street
          Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Telephone: +1 (345) 743 6830


DGAM MB MASTER: Commences Liquidation Proceedings
-------------------------------------------------
The shareholder of DGAM MB Diversified Master Fund, on Feb. 21,
2017, passed a resolution to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          David Griffin
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street
          Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Telephone: +1 (345) 743 6830


DGAM OPPORTUNITIES: Commences Liquidation Proceedings
-----------------------------------------------------
The sole shareholder of DGAM Opportunities Master Fund resolved,
on Feb. 24, 2017, to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Andrew Morrison
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Cayman Islands
          Telephone: +1 (345) 743 6830


DGAM PARTNERS: Commences Liquidation Proceedings
------------------------------------------------
The shareholder of DGAM Partners' Fund, on Feb. 21, 2017, passed a
resolution to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          David Griffin
          c/o Kelsey Hedgecock
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street
          Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          Telephone: +1 (345) 743 6830


DGAM UNIQUE: Commences Liquidation Proceedings
----------------------------------------------
The sole shareholder of DGAM Unique Strategies Erisa Fund
resolved, on Feb. 24, 2017, to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Andrew Morrison
          FTI Consulting (Cayman) Ltd.
          Suite 3212, 53 Market Street
          Camana Bay
          P.O. Box 30613 Grand Cayman KY1-1203
          c/o Kelsey Hedgecock
          Telephone: +1 (345) 743 6830


DUKES TRADING: Creditors' Proofs of Debt Due April 7
----------------------------------------------------
The creditors of Dukes Trading are required to file their proofs
of debt by April 7, 2017, to be included in the company's dividend
distribution.

The company commenced liquidation proceedings on March 2, 2017.

The company's liquidator is:

          Andre Kym
          c/o Haussmann Revision AG
          Seefeldstrasse 45
          8034 Zurich
          Switzerland
          Telephone: +41 44 252 02 80


ESG MACRO: Commences Liquidation Proceedings
--------------------------------------------
ESG Macro Opportunities Fund Ltd. commenced liquidation
proceedings on Feb. 21, 2017.

Only creditors who were able to file their proofs of debt by
April 3, 2017, will be included in the company's dividend
distribution.

The company's liquidator is:

          J. Stower
          c/o Scharmarie van der Vyver
          Century Yard, 2nd Floor
          Cricket Square, Elgin Avenue
          Grand Cayman
          Cayman Islands
          Telephone: (345) 949-4800/ +1 (345) 949-4183
          Facsimile: (345) 949-7164


ESG MACRO MASTER: Commences Liquidation Proceedings
---------------------------------------------------
ESG Macro Opportunities Master Fund Ltd. commenced liquidation
proceedings on Feb. 21, 2017.

Only creditors who were able to file their proofs of debt by
April 3, 2017, will be included in the company's dividend
distribution.

The company's liquidator is:

          J. Stower
          c/o Scharmarie van der Vyver
          Century Yard, 2nd Floor
          Cricket Square, Elgin Avenue
          Grand Cayman
          Cayman Islands
          Telephone: (345) 949-4800/ +1 (345) 949-4183
          Facsimile: (345) 949-7164


GAMEGOO GROUP: Shareholders' Final Meeting Set for April 10
-----------------------------------------------------------
The shareholders of Gamegoo Group Limited will hold their final
meeting on April 10, 2017, at 9:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The creditors of Gamegoo Group Limited were required to file their
proofs of debt by April 3, 2017, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on Feb. 21, 2017.

The company's liquidator is:

          Zhang, Fumao
          No. 88 Gong Qing Tuan Road (W)
          Zhang Dian District
          Zi Bo City, Shan Dong Province
          PRC
          Telephone: 010-59393698
          Facsimile: 010-59393268


GENENCOR INTERNATIONAL: Shareholders Receive Wind-Up Report
-----------------------------------------------------------
The shareholders of Genencor International Cayman Ltd. received on
April 4, 2017, the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidators are:

          Etienne Laurent
          Henrik Fastholm
          DuPont Nutrition Biosciences Aps,
          Langebrogade 1, 1411 Copenhagen K
          Denmark
          Telephone: +45 3266 2000
          Facsimile: +45 3266 2175
          e-mail: henrik.fastholm@dupont.com


GIANO HUNTINGTON II: Shareholders' Final Meeting Set for April 13
-----------------------------------------------------------------
The shareholders of Giano Huntington II Limited will hold their
final meeting on April 13, 2017, at 10:30 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

          Victor Murray
          MG Management Ltd.
          Landmark Square, 2nd Floor
          64 Earth Close
          Seven Mile Beach
          P.O. Box 30116 Grand Cayman KY1-1201
          Cayman Islands
          Telephone: +1 (345) 749 8181
          Facsimile: +1 (345) 743 6767


GLOBAL MACRO: Creditors' Proofs of Debt Due April 12
----------------------------------------------------
The creditors of Global Macro Opportunities Master Fund, Ltd. are
required to file their proofs of debt by April 12, 2017, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Feb. 16, 2017.

The company's liquidator is:

         DMS Corporate Services Ltd.
         c/o Nicola Cowan
         dms House, 2nd Floor
         P.O. Box 1344 Grand Cayman KY1-1108
         Cayman Islands
         Telephone: (345) 946 7665
         Facsimile: (345) 949 2877


GLOBAL MACRO: Shareholders' Final Meeting Set for April 27
----------------------------------------------------------
The shareholders of Global Macro Opportunities Master Fund, Ltd.
will hold their final meeting on April 27, 2017, at 4:00 p.m., to
receive the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          DMS Corporate Services Ltd.
          c/o Nicola Cowan
          dms House, 2nd Floor
          P.O. Box 1344 Grand Cayman KY1-1108
          Cayman Islands
          Telephone: (345) 946 7665
          Facsimile: (345) 949 2877


GLOBAL MACRO (CAYMAN): Creditors' Proofs of Debt Due April 12
-------------------------------------------------------------
The creditors of Global Macro Opportunities Fund (Cayman), Ltd.
are required to file their proofs of debt by April 12, 2017, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Feb. 22, 2017.

The company's liquidator is:

          DMS Corporate Services Ltd.
          c/o Nicola Cowan
          dms House, 2nd Floor
          P.O. Box 1344 Grand Cayman KY1-1108
          Cayman Islands
          Telephone: (345) 946 7665
          Facsimile: (345) 949 2877


GLOBAL MACRO (CAYMAN): Shareholders' Meeting Set for April 27
-------------------------------------------------------------
The shareholders of Global Macro Opportunities Fund (Cayman), Ltd.
will hold their final meeting on April 27, 2017, at 4:00 p.m., to
receive the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          DMS Corporate Services Ltd.
          c/o Nicola Cowan
          dms House, 2nd Floor
          P.O. Box 1344 Grand Cayman KY1-1108
          Cayman Islands
          Telephone: (345) 946 7665
          Facsimile: (345) 949 2877


HAGORA INVESTMENTS: Shareholders' Final Meeting Today
-----------------------------------------------------
The shareholders of Hagora Investments Fund will hold their final
meeting today, April 6, 2017, at 10:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The shareholders of Hagora Investments passed the resolution to
wind up the company's operations on Jan. 20, 2017.

Creditors were required to file their proofs of debt to be
included in the company's dividend distribution.

The company's liquidator is:

          Avalon Ltd.
          Reference: GL
          Landmark Square, 1st Floor, 64 Earth Close
          P.O. Box 715 Grand Cayman KY1-1107
          Cayman Islands
          Telephone: (+1) 345 769 4422
          Facsimile: (+1) 345 769 9351


IVC US: Creditors' Proofs of Debt Due April 10
----------------------------------------------
The creditors of IVC US RE SUB are required to file their proofs
of debt by April 10, 2017, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on Feb. 27, 2017.

The company's liquidator is:

          Westport Services Ltd.
          c/o Dominique Massias
          P.O. Box 1111 Grand Cayman KY1-1102
          Cayman Islands
          Telephone: (345) 949 5122
          Facsimile: (345) 949 7920


IVC US: Shareholders' Final Meeting Set for May 1
-------------------------------------------------
The shareholders of IVC US RE Sub will hold their final meeting on
May 1, 2017, at 10:00 a.m., to receive the liquidator's report on
the company's wind-up proceedings and property disposal.

The company's liquidator is:

          Westport Services Ltd.
          c/o Dominique Massias
          P.O. Box 1111 Grand Cayman KY1-1102
          Cayman Islands
          Telephone: (345) 949 5122
          Facsimile: (345) 949 7920


J-ONE ASSETS: Commences Liquidation Proceedings
-----------------------------------------------
The sole shareholder of J-One Assets Corporation, on Feb.  28,
2017, passed a resolution to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Harneys Liquidation Services (Cayman) Limited
          Harbour Place, 4th Floor
          103 South Church Street
          P.O. Box 10240 Grand Cayman KY1-1002
          Cayman Islands
          Telephone: (345) 949 - 8599


KAZIMIR BEI: Shareholder Receives Wind-up Report
------------------------------------------------
The sole shareholder of Kazimir Bei Kai Holdings Limited received
the liquidator's report on the company's wind-up proceedings and
property disposal at a final meeting held April 5, 2017, at 10:00
a.m.

The company commenced liquidation proceedings on Feb. 20, 2017.

Creditors were required to file their proofs of debt to be
included in the company's dividend distribution.

The company's liquidator is:

          Frances Holliday
          c/o Jasmine Amaria
          Walkers
          6 Gracechurch Street
          London
          EC3V 0AT
          United Kingdom
          Telephone: +44 (0)20 7220 4975


KINGDOM 5-KR-103: Commences Liquidation Proceedings
---------------------------------------------------
The sole shareholder of Kingdom 5-KR-103, Ltd., on Feb. 28, 2017,
passed a resolution to liquidate the company's business.

Only creditors who were able to file their proofs of debt by
March 13, 2017, will be included in the company's dividend
distribution.

The company's liquidator is:

          HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud
          c/o Kingdom Holding Company
          Kingdom Center - Floor 66
          P.O. Box 1 Riyadh 11321
          Saudi Arabia
          Telephone: +966 1 211 1111 (ext. 1211)


KUDAYA INVESTMENTS: Commences Liquidation Proceedings
-----------------------------------------------------
Kudaya Investments Limited commenced liquidation proceedings on
Feb. 23, 2017.

Only creditors who were able to file their proofs of debt by
April 3, 2017, will be included in the company's dividend
distribution.

The company commenced

The company's liquidator is:

          Zedra Directors (Cayman) Limited
          c/o Felisiana Ebanks
          Telephone: +1 (345) 914-5424
          136 Shedden Road, 3rd Floor One Capital Place
          P.O. Box 487 George Town Grand Cayman
          Cayman Islands KY1-1106


LIFE POLICY: Creditors Hold Meeting
-----------------------------------
The creditors of Life Policy Group PLC held their first meeting on
March 31, 2017, and elected a liquidation committee and dealt with
other matters that the company's liquidators think fit.

The company's liquidator is:

          Margot Macinnis
          c/o Stephanie Scott
          Telephone: +1 (345) 743 8807
          Borrelli Walsh (Cayman) Limited
          Harbour Place, Ground Floor
          103 South Church Street
          George Town
          P.O. Box 30847 Grand Cayman KY1-1204
          Cayman Islands


MATOSARO INC: Shareholders Receive Wind-Up Report
-------------------------------------------------
The shareholders of Matosaro Inc. received on April 4, 2017, the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

          Stephen Nelson
          Collas Crill, 2nd Floor Willow House
          Cricket Square
          P.O. Box 709 Grand Cayman, KY1-1107
          Cayman Islands
          Telephone: 949-4544
          Facsimile: 949-7073


MCP MOJNA: Commences Liquidation Proceedings
--------------------------------------------
The sole shareholder of MCP Mojna SPV Ltd., on Feb. 27, 2017,
passed a resolution to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Bronwyn King
          Harbour Place, 4th Floor
          103 South Church Street
          P.O. Box 10240 Grand Cayman KY1-1002
          Cayman Islands
          Telephone: (852) 3195 7243
          Facsimile: (852) 3195 7210


MINGSHEN GLOBAL: Shareholders' Final Meeting Set for April 19
-------------------------------------------------------------
The shareholders of Mingshen Global Investment Management (Cayman)
Limited will hold their final meeting on April 19, 2017, at
11:15 a.m., to receive the liquidator's report on the company's
wind-up proceedings and property disposal.

The company commenced liquidation proceedings on Feb. 13, 2017.

Creditors were required to file their proofs of debt to be
included in the company's dividend distribution.

The company's liquidator is:

          Pan Zhi Yong
          Harbour Place, 4th Floor
          103 South Church Street
          P.O. Box 10240 Grand Cayman KY1-1002
          Cayman Islands


MINGSHEN GLOBAL FUND: Commences Liquidation Proceedings
-------------------------------------------------------
The sole shareholder of Mingshen Global Fund, on Feb. 13, 2017,
passed a resolution to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Pan Zhi Yong
          Room 1703, No 167, Jiangning Road
          Shanghai
          China


MSREF VII: Commences Liquidation Proceedings
--------------------------------------------
The shareholder of MSREF VII Japan Asset XXII GP Ltd., on Feb. 23,
2017, passed a resolution to liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Stephen Nelson
          Collas Crill Willow House
          Cricket Square
          P.O. Box 709 Grand Cayman KY1-1107
          Cayman Islands
          Telephone: (345) 949.4544
          Facsimile: (345) 949.8460


NALOZO CAYMAN: Shareholders' Final Meeting Today
------------------------------------------------
The shareholders of Nalozo Cayman GP Ltd. will hold their final
meeting today, April 6, 2017, at 10:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company commenced liquidation proceedings on Feb. 23, 2017.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          John Coyle
          Permira Advisers LLC
          320 Park Avenue, 33rd Floor
          New York
          New York 10022
          United States of America
          Telephone: +1 (212) 386 7479


NEW HORIZON: Shareholders Receive Wind-Up Report
------------------------------------------------
The shareholders of New Horizon Partners Ltd. received on April 4,
2017, the liquidator's report on the company's wind-up proceedings
and property disposal.

The creditors of New Horizon were required to file their proofs of
debt by April 3, 2017, to be included in the company's dividend
distribution.

The company commenced wind-up proceedings on Feb. 20, 2017.

The company's liquidator is:

          Richard Fear
          c/o Kevin Butler
          P.O. Box 2681 Grand Cayman KY1-1111
          Cayman Islands
          Telephone: (345) 814 7374
          Facsimile: (345) 945 3902


OLYMPIA BRICS: Creditors' Proofs of Debt Due April 13
-----------------------------------------------------
The creditors of Olympia Brics Explorer Fund are required to file
their proofs of debt by April 13, 2017, to be included in the
company's dividend distribution.

The shareholders of Olympia Brics will also hold their final
meeting on April 13, 2017, at 10:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company commenced liquidation proceedings on Feb. 20, 2017.

The company's liquidator is:

          Victor Murray
          MG Management Ltd.
          Landmark Square, 2nd Floor
          64 Earth Close, Seven Mile Beach
          P.O. Box 30116 Grand Cayman KY1-1201
          Cayman Islands
          Telephone: +1 (345) 749 8181
          Facsimile: +1 (345) 743 6767


ORNAVASSO INVESTMENT: Creditors' Proofs of Debt Due April 10
------------------------------------------------------------
The creditors of Ornavasso Investment Ltd. are required to file
their proofs of debt by April 10, 2017, to be included in the
company's dividend distribution.

The members of Ornavasso Investment will also hold their final
meeting on April 10, 2017, at 12:00 noon to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company commenced wind-up proceedings on Feb. 23, 2017.

The company's liquidator is:

          Morval Bank & Trust Cayman Ltd.
          P.O. Box 30622, Grand Cayman KY1-1203
          Cayman Islands
          Telephone: +1 (345) 949-9808


REGENEX HOLDINGS: Commences Liquidation Proceedings
---------------------------------------------------
At an extraordinary general meeting held on Feb. 7, 2017, the
shareholders of Regenex Holdings Ltd. resolved to voluntarily
liquidate the company's business.

Creditors are required to file their proofs of debt to be included
in the company's dividend distribution.

The company's liquidator is:

          Julian Mark Andriesz
          6 Marine Vista #13-25
          Singapore 449030


STERLING GK: Shareholders Receive Wind-Up Report
------------------------------------------------
The shareholders of Sterling GK Holding Limited received on
April 4, 2017, the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          Stephen Nelson
          Collas Crill, 2nd Floor Willow House
          Cricket Square
          P.O. Box 709 Grand Cayman, KY1-1107
          Cayman Islands
          Telephone: 949-4544
          Facsimile: 949-7073


STERLING REALTY: Shareholders Receive Wind-Up Report
----------------------------------------------------
The shareholders of Sterling Realty Holding Limited received on
April 4, 2017, the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

          Stephen Nelson
          Collas Crill, 2nd Floor Willow House
          Cricket Square
          P.O. Box 709 Grand Cayman, KY1-1107
          Cayman Islands
          Telephone: 949-4544
          Facsimile: 949-7073


STONE DRUM: Shareholders' Receive Wind-up Report
------------------------------------------------
The shareholders of Stone Drum Pacific Opportunities General
Partner Inc. received the liquidator's report on the company's
wind-up proceedings and property disposal at a final meeting held
April 5, 2017, at 10:00 a.m.

The company commenced wind-up proceedings on Feb. 20, 2017.

Creditors were required to file their proofs of debt to be
included in the company's dividend distribution.

The company's liquidator is:

          Walkers Liquidations Limited
          c/o Cate Barbour
          Walkers
          190 Elgin Avenue, George Town
          Grand Cayman KY1-9001
          Cayman Islands
          Telephone: +44 (0)20 7220 4970


SYMPHONY LIMITED: Shareholders' Final Meeting Set for April 10
--------------------------------------------------------------
The shareholders of Symphony Limited will hold their final meeting
on April 10, 2017, at 10:00 a.m., to receive the liquidator's
report on the company's wind-up proceedings and property disposal.

The creditors of Symphony Limited were required to file their
proofs of debt by April 3, 2017, to be included in the company's
dividend distribution.

The company's liquidator is:

          Sheikh Khalifa Bin Mohd Bin Khalid Al Nehayan
          c/o Avril G. Brophy
          P.O. Box 1111 Grand Cayman KY1-1102
          Cayman Islands
          Telephone: (345) 949 5122
          Facsimile: (345) 949 7920



TELLURIAN NEW: Creditors' Proofs of Debt Due April 26
-----------------------------------------------------
The creditors of Tellurian New Frontier Partners Limited are
required to file their proofs of debt by April 26, 2017, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Feb. 27, 2017.

The company's liquidator is:

          DMS Corporate Services Ltd.
          c/o Nicola Cowan
          PO Box 1344 dms House
          20 Genesis Close George Town
          Cayman Islands KY1-1108
          Telephone: (345) 749 2512
          Facsimile: (345) 949 2877


TELLURIAN NEW FUND: Creditors' Proofs of Debt Due April 26
----------------------------------------------------------
The creditors of Tellurian New Frontier Technology Fund LP are
required to file their proofs of debt by April 26, 2017, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Feb. 27, 2017.

The company's liquidator is:

          DMS Corporate Services Ltd.
          c/o Nicola Cowan
          P.O. Box 1344 George Town
          dms House 20 Genesis Close
          Cayman Islands KY1-1108
          Telephone: (345) 749 2512
          Facsimile: (345) 949 2877


VEIO CAPITAL: Creditors' Proofs of Debt Due April 12
----------------------------------------------------
The creditors of VEIO Capital Offshore Feeder Fund Limited are
required to file their proofs of debt by April 12, 2017, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on March 3, 2017.

The company's liquidator is:

          Lau Fu Wing
          Alexandra House, Suite 3105, 31st Floor
          18 Chater Road
          Central
          Hong Kong


VEIO CAPITAL MASTER: Creditors' Proofs of Debt Due April 12
-----------------------------------------------------------
The creditors of Veio Capital Master Fund Limited are required to
file their proofs of debt by April 12, 2017, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on March 3, 2017.

The company's liquidator is:

          Lau Fu Wing
          Alexandra House, Suite 3105, 31st Floor
          18 Chater Road
          Central
          Hong Kong


VEIO CAPITAL US: Creditors' Proofs of Debt Due April 12
-------------------------------------------------------
The creditors of VEIO Capital US Feeder Fund Limited are required
to file their proofs of debt by April 12, 2017, to be included in
the company's dividend distribution.

The company commenced liquidation proceedings on March 3, 2017.

The company's liquidator is:

          Lau Fu Wing
          Alexandra House, Suite 3105, 31st Floor
          18 Chater Road
          Central
          Hong Kong


WESVAALSO LTD: Commences Liquidation Proceedings
------------------------------------------------
The shareholders of Wesvaalso Ltd., on Feb. 15, 2017, passed a
resolution to liquidate the company's business.

Only creditors who were able to file their proofs of debt by
March 27, 2017, will be included in the company's dividend
distribution.

The company's liquidator is:

          CDL Company Ltd.
          P.O. Box 31106 Grand Cayman KY1-1205
          Cayman Islands


ZAI PORTOLA: Commences Liquidation Proceedings
----------------------------------------------
At an extraordinary general meeting held on March 1, 2017, the
shareholders of ZAI Portola Joint Venture Limited resolved to
voluntarily liquidate the company's business.

The company's liquidator is:

          Ying Du
          1043 Halei Road, Bldg.8, Suite 502
          Zhangjiang Hi-tech Park
          Pudong New Area, Shanghai
          China 201203


ZBJ HOLDINGS: Members Receive Wind-up Report
--------------------------------------------
The members of ZBJ Holdings Limited received the liquidator's
report on the company's wind-up proceedings and property disposal
at a final meeting held April 4, 2017, at 10:30 a.m.

The company commenced liquidation proceedings on Feb. 24, 2017.

The company's liquidator is:

          Zhu Mingyue
          c/o Loeb Smith Attorneys
          Zephyr House, 5th Floor
          122 Mary Street
          George Town
          P.O. Box 31493 Grand Cayman KY1-1206
          Cayman Islands
          c/o Candace Rankin
          Telephone: + (345) 745-7492



===================================
D O M I N I C A N   R E P U B L I C
===================================


DOMINICAN REP: Industries Agree With Wage Hike, but SMEs Weigh
--------------------------------------------------------------
Dominican Today reports that Dominican Republic Industries
Association (AIRD) President Campos de Moya said he has always
agreed with a salary increase, as long as the SMEs are taken into
account.

"I agree that wages should be raised, but we must be consistent,
especially with small and medium-sized businesses.  If we take
irresponsible actions to be complacent, we can be putting many
people who need work at risk," said the businessman during the
breakfast, Productive Development Plans," at Torre Empresarial,
according to Dominican Today.

He said management's proposed 9% increase of the minimum wage is
twice Dominican Republic's inflation rate, the report notes.
He also noted that most AIRD member companies pay above the
minimum wage.

On the unions' warning of protests against employers if they don't
raise wages by 30%, de Moya said labor are free to do what they
feel because that's the reason for unionizing, the report notes.
He noted however that it would be unfortunate if they took such
extreme measures when management is in talks with them, the report
discloses.

The current resolution establishes minimum monthly wage in large
companies of RD$12,873; medium and small companies at RD$8,850 and
RD$7,843, respectively, the report adds.

As reported in the Troubled Company Reporter-Latin America on
Nov. 22, 2016, Fitch Ratings has taken the following rating
actions on the Dominican Republic:

   -- Long-Term Foreign Currency Issuer Default Rating (IDR)
      upgraded to 'BB-' from 'B+'; assigned Stable Outlook;

   -- Long-Term Local Currency IDR upgraded to 'BB-' from 'B+';
      assigned Stable Outlook;

   -- Senior unsecured Foreign and Local Currency bonds upgraded
      to 'BB-' from 'B+';

   -- Short-Term Foreign Currency IDR affirmed at 'B';

   -- Short-Term Local Currency IDR affirmed at 'B'.


DOMINICAN REP: 20% Wage Hike Means Bankruptcy, Employers Warn
-------------------------------------------------------------
Dominican Today reports that Dominican Republic's employers
grouped in Copardom, said they were surprised by the abrupt manner
in which the National Wage Committee announced a 20% increase to
the minimum wage "without the presence of representatives of the
employer sector."

According to Dominican Today, it said the raise "exceeded the
criteria of rationality demanded by the country's economic
stability today."

"The increase recommended by the National Wage Committee, without
the presence of their sector, implies near a 350% increase over
the CPI which will undoubtedly have an inflationary effect on the
economy and will result in massive layoffs, the bankruptcy of
Micro, Small and Medium Enterprises, encouraging informality,
which works against the macroeconomic stability required by the
Dominican Republic to continue to grow sustainably," Copardom said
in a statement obtained by Dominican Today.

The report notes that he said the country is currently in an
unjustifiable violation of the provisions of Law No. 488-08, which
establishes the scale of classification of companies.  "This has
prevented salary by type of business from being applied on a
realistic basis, which clearly affects small businesses and the
formality of employment."

"Despite the employers evident willingness and commitment to
agreement and dialogue, by agreeing to initiate the talks seven
months before National Wage Committee Resolution 01-15 expires,
during the course of the meetings, we realized the intention not
to comply with Law No. 488-08, or with Article 7 of the
aforementioned resolution, in which it was agreed to abide by the
law in effect in the next resolution to be issued by the
committee," he added, notes the report.

As reported in the Troubled Company Reporter-Latin America on
Nov. 22, 2016, Fitch Ratings has taken the following rating
actions on the Dominican Republic:

   -- Long-Term Foreign Currency Issuer Default Rating (IDR)
      upgraded to 'BB-' from 'B+'; assigned Stable Outlook;

   -- Long-Term Local Currency IDR upgraded to 'BB-' from 'B+';
      assigned Stable Outlook;

   -- Senior unsecured Foreign and Local Currency bonds upgraded
      to 'BB-' from 'B+';

   -- Short-Term Foreign Currency IDR affirmed at 'B';

   -- Short-Term Local Currency IDR affirmed at 'B'.


===========
M E X I C O
===========


CI CASA: Moody's Cuts Global Long-Term LC Issuer Rating to Caa1
---------------------------------------------------------------
Moody's de Mexico has downgraded CI Casa de Bolsa, S.A. de C.V.
(CI Casa de Bolsa)'s global long- term local currency issuer
rating to Caa1 from B3, coupled with its long-term Mexican
national scale issuer rating to B2.mx from B1.mx. The outlook on
the company's ratings is stable.

This rating action follows the implementation in Mexico of Moody's
new securities industry market makers rating methodology, which
now is the primary methodology that Moody's uses to rate
securities industry market makers globally.

LIST OF AFFECTED RATINGS

CI Casa de Bolsa, S.A. de C.V.

The following ratings were downgraded:

Long-term global local currency issuer rating to Caa1 from B3,
stable outlook

Long-term Mexican national scale issuer rating to B2.mx from B1.mx

Outlook, remains stable

RATINGS RATIONALE

Moody's rating action on CI Casa de Bolsa follows the publication
of Moody's new securities industry market makers rating
methodology, which incorporates a number of significant changes
and enhancements from Moody's previous rating methodology for
rating these securities firms. These changes and enhancements for
rating market makers include the introduction of new financial
ratios such as a balance sheet leverage metric and stressed
liquidity and funding ratios; the dynamic weighting of operating
environment conditions that can adversely influence firms'
creditworthiness; incorporation of specific qualitative factors as
direct notching adjustments to ratings; and the incorporation of
Moody's joint default analysis (JDA) framework to consider
affiliate and government support (if any).

The downgrade of CI Casa de Bolsa's ratings reflects the company's
volatile and weak historical earnings, low capitalization and high
leverage, and increased operating risks.

Leverage is very high, with total assets at about 40 times
tangible common equity as of December 2016. This leverage relates
to CI Casa de Bolsa's inventory of on-balance sheet securities
largely comprised of low-risk government securities, which have a
very low risk-weighting per Mexican regulations.

Notwithstanding their low credit risk, slight movements in the
price of these securities could have a significant impact on the
company's capitalization given its high leverage.

Though profitability increased significantly during 2016, returns
remained very low. Moreover, the improvements were chiefly fuelled
by non-recurring gains related to the company's proprietary
trading activities. Nevertheless, net income stood at only 0.5% of
average assets approximately in 2016 , compared to about 0% in
2015 and 0.2% in 2014. Returns are likely to remain fickle during
2017 given the current volatility of Mexico's stock exchange.

Increased operating risks consider CI Casa de Bolsa's relatively
recent expansion into high frequency trading on behalf of third
parties. Although the company is not doing high frequency
proprietary trading, and hence is not exposed to losses related to
that type of trade, this new strategy could nevertheless result in
potentially significant margin calls. In order to meet such a
call, the company, which has very narrow internal liquidity, would
be reliant on its lines of credit, which may not be fully
available sources of liquidity in a stress scenario. However,
Moody's note that one of the lines is provided by CI Casa de
Bolsa's sister bank, CI Banco (unrated), which is unlikely to
withdraw liquidity support for its affiliate.

The B2.mx Mexican national scale issuer rating is the highest of
two alternatives corresponding to the Caa1 global scale issuer
rating and considers the liquidity support the entity receives
from CI Banco.

WHAT COULD CHANGE THE RATINGS UP OR DOWN

Ratings could face upward pressure in the case of a sustained
improvement in profitability, liquidity and capital, coupled with
a more seasoned high frequency trading strategy. However, CI Casa
de Bolsa could be downgraded further in the case of losses or if
significant, unexpected calls on the company's liquidity occur.

The principal methodology used in these ratings was Securities
Industry Market Makers published in February 2017.

The period of time covered in the financial information used to
determine CI Casa de Bolsa, S.A. de C.V.'s ratings is between
01/01/2012 and 12/31/2016 (source: Moody's, CI Casa de Bolsa's
financial statements)

The sources and items of information used to determine the rating
include 2015 and 2016 interim financial statements (source:
Moody's and CI Casa de Bolsa's financial statements); year-end
2015 and 2016 audited financial statements (source: Moody's and CI
Casa de Bolsa's annual audited financial statements).

Moody's National Scale Credit Ratings (NSRs) are intended as
relative measures of creditworthiness among debt issues and
issuers within a country, enabling market participants to better
differentiate relative risks. NSRs differ from Moody's global
scale credit ratings in that they are not globally comparable with
the full universe of Moody's rated entities, but only with NSRs
for other rated debt issues and issuers within the same country.
NSRs are designated by a ".nn" country modifier signifying the
relevant country, as in ".za" for South Africa. For further
information on Moody's approach to national scale credit ratings,
please refer to Moody's Credit rating Methodology published in May
2016 entitled "Mapping National Scale Ratings from Global Scale
Ratings". While NSRs have no inherent absolute meaning in terms of
default risk or expected loss, a historical probability of default
consistent with a given NSR can be inferred from the GSR to which
it maps back at that particular point in time. For information on
the historical default rates associated with different global
scale rating categories over different investment horizons.

The long term Mexican National Scale rating of B2.mx demonstrates
weak creditworthiness relative to other domestic issuers.

CI Casa de Bolsa is headquartered in Mexico City, Mexico. As of
December 2016, the company reported MXN2.7 billion in on-balance
sheet assets (source: CI Casa de Bolsa financial statements).


GRUPO KALTEX: S&P Assigns 'B+' CCR, Outlook Stable
--------------------------------------------------
S&P Global Ratings assigned its 'B+' corporate credit rating to
Grupo Kaltex, S.A. de C.V.  At the same time, S&P assigned its
'B+' issue-level rating to the company's proposed senior notes of
up to $320 million due 2022.  S&P's recovery rating of '3'
indicates its expectation of meaningful (50%-90%; rounded estimate
65%) recovery prospects for the bondholders in the event of a
payment default.  The outlook on the corporate credit rating is
stable.

With a leading position in the Americas, Kaltex is a Mexico-based
textile and apparel company engaged in the manufacturing,
assembling, distribution, and sale of textile products mainly in
Mexico, the U.S., and Colombia.

The ratings on Kaltex reflect its leading market share in the
North and South American textile market, effective marketing
strategy and sales force, vertical integration of its operations
that generates a cost advantage, and diversified geographic asset
base in Mexico, Colombia, and Nicaragua.  Offsetting factors
include the company's low pricing power, lack of premium brand
recognition, exposure to cyclical end industries, and limited
geographic sales diversification.  With revenue and EBITDA of
MXN17.5 billion and MXN1.9 billion, respectively, as of Dec. 31,
2016, Kaltex manufactures, assembles, distributes, and sells a
number of textile products ranging from threads, cotton fabric,
denim, jeans, and linens through various channels, including its
own retail network.

Through the proposed senior notes of up to $320 million, Kaltex
expects to refinance existing debt mainly related to maturities
due between 2017 and 2019, improving its debt maturity profile and
liquidity.  Kaltex is currently exposed to foreign-exchange risk,
given that more than 80% of its debt is dollar denominated and
after the bond issuance it will be about 90% of its total debt,
which could weaken its financial performance under exacerbating
foreign currency volatility.  However, S&P expects Kaltex to
temper pressures thanks to its dollar-denominated cash flow
generation, given that about 40% of its revenue stem from exports
in that currency.

The rating on the notes is at the same level as the corporate
credit rating, which reflects the guarantee by most of Kaltex's
subsidiaries, which account for 72% of the company's consolidated
assets and 89.5% of the consolidated EBITDA as of Dec. 31, 2016.
In order to partly secure the notes, the company plans to create
collateral with an approximate value of MXN1.9 billion as of
Dec. 31, 2016, in the next six months after the issuance of the
notes.


===============
S T.  L U C I A
===============


ST. LUCIA: IMF Says Economic Growth Remains Subdued
---------------------------------------------------
On March 24, 2017, the Executive Board of the International
Monetary Fund (IMF) concluded the Article IV consultation with St.
Lucia, and considered and endorsed the staff appraisal without a
meeting.

Driven by agriculture and construction, GDP growth is estimated to
have reached 0.8 percent in 2016, down from 1.8 percent in 2015.
Strong employment growth in agriculture and construction put a
dent on unemployment, which declined to 20 percent in the third
quarter of 2016. Youth unemployment also fell, but remains very
high at 41 percent. However, weakness in tourism, manufacturing,
and transportation dampened growth. Exports of goods declined,
contributing to widen the current account deficit to an estimated
6.7 percent of GDP in 2016. Inflation was driven down by import
prices, and lingered in negative territory over the last 12
months.

GDP is projected to grow at 0.5 percent in 2017, driven mostly by
continued strong performance in construction and agriculture.
Higher import prices, including oil, will cause inflation to rise
temporarily and, together with weak tourist expenditures, will
contribute to widen external imbalances. With slow progress in
cleaning up their balance sheets, banks are expected to further
shrink their loan portfolio. While the forthcoming budget should
bring some clarity about fiscal policies, in the absence of
corrective measures, rising interest payments will add to
expenditure pressures, leading public debt to an unsustainable
path. As commodity prices gradually rise from recent lows, the
current account deficit will widen, reflecting low
competitiveness. Unless structural reforms are implemented,
rigidities in the labor market, high costs of doing business, and
low external competitiveness will continue to weigh on growth.

Executive Board Assessment

In concluding the 2017 Article IV Consultation with St. Lucia,
Executive Directors endorsed staff's appraisal as follows:

Growth remains subdued. In the short term, construction and
agriculture should continue to perform strongly while growth in
tourism -- which should be driven by consistent inflows of U.S.
tourist, new flights, and new hotels -- could be stifled by the
new airport tax. Slow progress in cleaning up bank balance sheets
limits the extent to which banks can help sustain growth. In the
medium term, rigidities in the labor market, a costly business
environment, and low external competitiveness severely limit
growth prospects. A comprehensive reform program is needed to
appropriately address key weaknesses and improve growth prospects,
but downside risks, both external and domestic, dominate the
outlook.

The deterioration of the fiscal position, which has been
accelerated by the recent fiscal package, should be addressed
promptly and decisively in the context of the forthcoming budget.
In the absence of corrective measures, financing difficulties will
increase and force inefficient fiscal adjustment -- typically by
reducing already low capital spending -- with negative effects on
growth. At the same time, public debt will continue to increase
with unsustainable dynamics. The FY2017/18 budget therefore
presents an opportunity for the authorities to demonstrate their
commitment to fiscal responsibility and clarify their intentions
on a broad range of policies. A more stable fiscal position and
reduced uncertainty about the government's economic program would
pave the way to stronger domestic and foreign investment.

Corrective measures should be supported by a multi-year
consolidation plan to attain the 2030 debt target of 60 percent of
GDP. The consolidation plan should address the need to prepare for
the inevitable recurrence of natural disasters. To be consistent
with the authorities' intention to reform the tax system and
reduce tax burdens, the adjustment effort could focus on
broadening the tax base, controlling expenditure, and improving
financing terms. The planned increase in the airport tax should be
reconsidered if its negative growth effects do materialize. A
reduction in the wage bill should be targeted through continued
wage restraint and attrition. Social spending should be preserved
and reoriented from temporary work programs and non-targeted
subsidies to targeted social assistance. Concessional lending,
rather than costly bond issuance, should be used to finance much
needed investment in infrastructure, renewable energy, and natural
disaster resilience, and partnerships with the private sector
should be used when feasible. If enough fiscal space can be
created, considerations should be given to reducing high taxes and
duties on imports, which harm external competitiveness.

An appropriate fiscal rule would adequately support the adjustment
effort. The PFM bill contains some welcome steps to strengthen the
budget process and move toward a medium-term fiscal framework, but
is not adequately tied to the debt target of 60 percent of GDP by
2030. A fiscal rule, enshrined in fiscal responsibility
legislation, would be necessary to ensure the appropriate
institutional arrangements for enhanced fiscal transparency and
accountability.

Good governance of the citizenship program and of the sovereign
wealth fund are essential to minimize risks and ensure good use of
these additional resources. The recent changes to the CIP could
provide a welcome boost to fiscal revenues. These revenues,
however, are very volatile and the authorities' decision to
collect these funds in a sovereign wealth fund reduces the risk of
fiscal dependence. As in other countries, the CIP entails
significant reputational and financial integrity risks, which
could be minimized by strict adherence to the highest standards
for due diligence, governance, and transparency. The same
principles should apply to the wealth fund, which should follow
transparent criteria in its operations. Addressing remaining
weaknesses in public investment management would ensure that only
high-yield projects are selected. In view of the high public debt,
priority should be given to its reduction.

Resolution of NPLs is critical to revive credit and support
economic growth and renewed priority should be given to the
establishment of the regional asset management company. New
insolvency legislation will be an important step to facilitate
foreclosures and debt restructuring. While the final steps to
establish the ECAMC should be completed promptly by all
jurisdictions, increased provisions for impaired assets by banks'
shareholders would facilitate the sale of NPLs. Continued efforts
to implement international standards on AML/CFT and tax
cooperation will be required to mitigate the risk of loss of CBRs.

Structural reforms remain critical to remove obstacles to long-
term growth. Priorities include: (i) addressing skills mismatches
and improving labor productivity by revising the national
curriculum to match market demands and providing better training
opportunities across sectors; (ii) aligning wages with
productivity by gradually introducing performance-based pay in the
public sector; (iii) removing obstacles preventing a more
widespread adoption of solar energy or the passing of savings to
final users; (iv) reducing costs to trade, including costs of port
operations and import duties; and (v) addressing bank weaknesses
to facilitate access to credit.

Statistics are adequate for surveillance. However, lack of
resources is hampering quality in several areas. Data are subject
to large revisions, which often reflect pre-existing weaknesses as
methodological improvements are introduced. Adequate resources
should be provided to the Central Statistics Office for data
collection and compilation. The timeliness of data provision by
government agencies should also be improved.

The 2016 update safeguards assessment found that the ECCB
continues to maintain a governance framework that provides for
independent oversight. Transparency in financial reporting has
been maintained and the external audit mechanism is sound. The
ECCB is taking steps to restructure the internal audit and risk
management functions to align them with leading international
practices.


================================
T R I N I D A D  &  T O B A G O
================================


TRINIDAD & TOBAGO: Intellectual Property Cited as Cash Cow
----------------------------------------------------------
Trinidad Express reports that Trinidad and Tobago can no longer
rely on oil and gas revenues alone and needs to find new ways to
generate wealth.

Intellectual property can be one of the ways, president of the
University of Trinidad and Tobago (UTT), Prof Dyer Narinesingh,
said, according to Trinidad Express.

Prof. Narinesingh was speaking at a signing ceremony at the
Ministry of the Attorney General and Legal Affairs, Richmond
Street, Port of Spain, where a memorandum of understanding between
UTT and the Intellectual Property Office (IPO) was signed, the
report notes.

The report relays that the agreement will see cooperation between
both institutions in the field of intellectual property, and the
development of intellectual property training programs.

The report notes that Prof. Narinesingh said this was an important
step towards economic diversification as knowledge has become the
new "raw material".

Prof. Narinesingh noted entrepreneurship was a major part of UTT's
curriculum and students were encouraged to develop ideas into
something that can be commercialized, the report relays.  "But we
cannot leave it there, we have to carry it along the value chain,"
he said.

                        IPO Earning Money

Attorney General Faris Al-Rawi said the signing of the agreement
was good news amidst crime affecting the country, the report
notes.  "It allows for the consolidation of a port of excellence
to allow the growth of our economy, be it in trademarks, in
copyrights, in patents, in industrial designs, certainly in
geographical indicators. . .."

He said the IPO was the one area of the Ministry that earned
revenue, the report notes.

He added that despite "austere" conditions, the Government would
not be swayed from measures to take the country forward, the
report discloses.

"There is no shirking of resolve, no amount of ridicule, no amount
of uncertainty as to what should be done differently from those
who are opposed to us will change the resolve of the Government to
take us in the right direction," he said, the report notes.  "This
is a very austere environment but the best time for innovation is
under austerity."

Mr. Al-Rawi said his aim was to expand the IPO into an
intellectual property authority, the report adds.


                            ***********


Monday's edition of the TCR-LA delivers a list of indicative
prices for bond issues that reportedly trade well below par.
Prices are obtained by TCR-LA editors from a variety of outside
sources during the prior week we think are reliable.   Those
sources may not, however, be complete or accurate.  The Monday
Bond Pricing table is compiled on the Friday prior to publication.
Prices reported are not intended to reflect actual trades.  Prices
for actual trades are probably different.  Our objective is to
share information, not make markets in publicly traded securities.
Nothing in the TCR-LA constitutes an offer or solicitation to buy
or sell any security of any kind.  It is likely that some entity
affiliated with a TCR-LA editor holds some position in the
issuers' public debt and equity securities about which we report.

Tuesday's edition of the TCR-LA features a list of companies with
insolvent balance sheets obtained by our editors based on the
latest balance sheets publicly available a day prior to
publication.  At first glance, this list may look like the
definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

Submissions about insolvency-related conferences are encouraged.
Send announcements to conferences@bankrupt.com


                            ***********


S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter-Latin America is a daily newsletter
co-published by Bankruptcy Creditors' Service, Inc., Fairless
Hills, Pennsylvania, USA, and Beard Group, Inc., Washington, D.C.,
USA, Marites O. Claro, Joy A. Agravante, Rousel Elaine T.
Fernandez, Valerie U. Pascual, Julie Anne L. Toledo, Ivy B.
Magdadaro, and Peter A. Chapman, Editors.

Copyright 2017.  All rights reserved.  ISSN 1529-2746.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.

Information contained herein is obtained from sources believed to
be reliable, but is not guaranteed.

The TCR Latin America subscription rate is US$775 per half-year,
delivered via e-mail.  Additional e-mail subscriptions for members
of the same firm for the term of the initial subscription or
balance thereof are US$25 each.  For subscription information,
contact Peter A. Chapman at 215-945-7000 or Nina Novak at
202-362-8552.


                   * * * End of Transmission * * *