Latest News

Seprod Limited (SEP) – Transfer of Musson Holdings to Seprod Limited Published: 17 January 2018

Seprod Limited (SEP) has advised that on January 1, 2018 the shares of Musson Holding Limited were transferred at a nominal cost from Musson (Jamaica) Limited to Seprod Limited. The incorporation of Musson Holdings Limited and its subsidiaries within the Seprod Group represents the consummation of SEP’s two-year plan to acquire the dairy operations and is another key milestone in the Group’s efforts to significantly expand its suite of milk-based products and broaden its reach in the export markets.

Scotia Announces AGM Published: 17 January 2018

Scotia Group Jamaica Limited (SGJ) has advised that their Annual General Meeting will be held on Thursday, March 8, 2018, at 10:00 a.m., at The Jamaica Pegasus Hotel, 81 Knutsford Boulevard, Kingston 5.

Proven Enters Agreement to Acquire Securities Dealer Published: 17 January 2018

Proven Investments Limited (ProvenJA) has advised of entering into an agreement to acquire 100% of the common shares of a licensed securities dealer with offices in Cayman and throughout the Caribbean. ProvenJA also advised that the offer is subject to regulatory approval within the various jurisdictions.

GK Acquires stake in Gray's Pepper Products Published: 17 January 2018

GraceKennedy Limited (GK) has advised that GK Investments Limited, a subsidiary of GraceKennedy has acquired a 33 1/3% stake in Gray’s Pepper Products Limited, one of Jamaica’s largest processors of seasonings and sauces.

GK further advised that GK Investments’ acquisition of the shares in Gray’s Pepper will allow for the investment necessary to grow the business’ current product portfolio locally and internationally. GK also states that the investment will further accelerate plans for research and development that will result in a more compelling and diverse product offering.

138SL Board Resignation Published: 05 January 2018

138 Student Living Jamaica Limited (138SL) has advised that Ms. Debbie-Ann Gordon has resigned as director effective December 24, 2017. 138SL further advised that Ms. Gordon’s resignation is due to professional commitments to her law practice.

Proven Announces Dividend Declaration Published: 05 January 2018

Proven Investments Limited (ProvenJA) has advised that the board of directors will be holding a board meeting on February 2, 2018 to consider making a dividend payment to both its ordinary and preference shareholders.

Seprod Announces Management Changes Published: 05 January 2018

Seprod Limited (SEP) has advised of the following changes to their Executive Management team:

  • Mrs. Marilyn Anderson, former Company Secretary has been promoted to General Manager of Caribbean Products Company Limited effective January 1, 2018 subsequent to the retirement of Mr. Clement Burnett on December 31, 2017.

 

  • Ms. Angela Cooper retired from the position of Chief Financial Officer effective December 31, 2017. She will however assume responsibility for various special financial projects within the Group.

 

  • Mr. Damion Dodd assumed the role of Chief Financial Officer and Corporate Secretary effective January 1, 2018.

 

  • Ms. Kerrian Johnson has been promoted to Group Marketing Manager effective January 1, 2018.

 

  • Major Evrol Dixon assumed the role of General Manager of International Biscuits Limited effective January 1, 2018 following the retirement of Mr. Rupert Ashman on December 31, 2017.

NCB Dividend Consideration Dates Published: 05 January 2018

NCB Financial Group Limited (NCBFG) has advised that the board of directors intends to consider the payment of dividends to stockholders on the following dates:

  • January 25, 2018
  • April 26, 2018
  • July 26, 2018 
  • November 8, 2018

Sagicor Group Jamaica Limited (SJ) – Executive Changes Published: 05 January 2018

Sagicor Group Jamaica Limited (SJ) has advised that effective January 2, 2018, Mr. Rohan Miller will transition out of Sagicor Group Jamaica Limited and from his current secondment to Sagicor Real Estate X Fund Limited and will take up the position of Head of Treasury with Sagicor Financial Corporation, to be stationed in Tampa Florida.

SJ further advised that effective January 2, 2018, Mrs. Donnette Scarlett has been promoted to the position of Senior Vice President, Group Treasury & Asset Management.  In addition, Mr. Kevin Donaldson has been promoted to Senior Vice President & Chief Executive Officer, Sagicor Investments Jamaica Limited.