Capital Growth Holdings Retains Cash Earmarked for Dividend on its Common Stock.GREENWICH, Conn.--(BUSINESS WIRE)--July 8, 1998--Capital Growth Holdings Ltd. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. "CGHL CGHL Canadian Genealogy and History Links (website) ") announced today that the company will not make the June 30, 1998 $.05625 per share cumulative dividend payment on its shares of common stock. The company has decided to retain cash for future operations, including possible future acquisitions. Capital Growth Holdings Ltd. is a financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firm concentrating in investment and merchant banking in the United States United States Banking began in 1781 with an act of United States Congress that established the Bank of North America in Philadelphia. During the American Revolutionary War, the Bank of North America was given a monopoly on currency; prior to this time, private banks printed their and Europe. Capital Growth, through its wholly-owned subsidiary, International Capital Growth Ltd., provides growth companies with access to capital on an agency or principal basis by using creative financing approaches and tools.
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