By NEIL HARTNELL

Tribune Business Editor

The chairman of recently renamed RND Holdings yesterday said the company was banking net cash flow of $25,000 per month after restructuring its debt and finding a new majority partner, adding that it might generate "a little more" than last year's $348,867 net income in 2011.

Speaking ahead of the-now Colina Real Estate Fund's annual general meeting (AGM) on October 26, Jerome Fitzgerald said that by bringing in Colina as majority shareholder and having them pay out the $2.904 million debt owed to FirstCaribbean International Bank (Bahamas), the company had completed its "turnaround from a cash flow standpoint".

He added that ...

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