Makati Development Corporation headquarters in ARCA
Capital envisions AmTrust as a strong public enterprise that can generate returns for shareholders and provide policyholders with policies they can count on in the case of unfortunate events," Krupa said.
He added: "I understand that Mr Arca
wishes to improve his home, however this cannot be to the detriment to us [sic].
Speaking after the decision, Mr Arca
, 37, said: "I'm disappointed with the application that didn't go in my favour, but hopefully we will look forward to going on and try and turn it around."
Capital believes AmTrust is a fundamentally strong company with a long term price target of USD 25 to USD 31 per share.
At the time, there were fears that Arca
could have been stung by a Portuguese man o' war, whose venom can be fatal, or a Lion's Mane, another potentially lethal type of jellyfish.
Sunderland fans even cheered Arca
off the pitch after he scored against the Black Cats for local rivals Boro in 2007.
In addition, 13 first-time ETF issuers came on board NYSE Arca
last year, bringing the total number of issuers on the platform to about 80.
, who played top-flight football for both Middlesbrough and Sunderland but never reached a Wembley final with either club, has dedicated this trophy to the supporters.
"South Shields is one of those wonderful things that sometimes happen in your life," said Arca
in the boardroom at Mariners Park.
"We are pleased to welcome JP as our Senior Vice President and COO," said Tony Isaac, CEO of ARCA