Latest News

PWL CEO Resigns Published: 07 December 2017

Proven Wealth Limited has advised that the Company’s President and CEO, Ms. Chorvelle Johnson, has resigned and will demit office effective January 26, 2018.

The Company further advises that Mr. Christopher Williams, President and CEO of Proven Management Limited, will act in this position, as approved by the Board of Directors, until a replacement President and CEO has been recruited.

Sagicor Bank Appoints New CEO Published: 07 December 2017

Sagicor Bank Jamaica Limited has advised that their Board of Directors, at its meeting held on December 4, 2017,  confirmed the appointment of Ms. Chorvelle Johnson as the Bank’s Chief Executive Officer (CEO), subject to Regulatory Approval.  The appointment becomes effective January 29, 2018.

The Bank further advised that as CEO, Ms. Johnson will be appointed to sit on Board as a non-Executive Director.

“The Board welcomes Ms. Johnson to the position,” states the Bank.

SVP Appoints New CFO Published: 07 December 2017

Supreme Ventures Limited (SVL) has advised that Mr. Dennis Chung has been appointed SVL’s Chief Financial Officer, effective February 1, 2018.

JP Declares Capital Distribution Published: 07 December 2017

Jamaica Producers Group Limited (JP) has advised that its Board of Directors has declared that an interim capital distribution of JA$0.10 per share unit (less transfer tax at the applicable rate) to be paid to all shareholders on record as at the close of business on December 22, 2017. The date of payment is January 18, 2018. The ex-dividend date is December 21, 2017.

Scotia Announces New Appointments Published: 27 November 2017

Scotia Group Jamaica Limited (SGJ) has advised of the following appointments:

  • Mrs. Naadia White, Vice President, Compliance Scotia Group Jamaica Caribbean Central, effective November 1, 2017.
  • Ms. Marcia Gaudet, Director Human Resources, Caribbean North and Central, effective January 1, 2018.
 
 
 

 

 

LASD Awarded Damages Published: 27 November 2017

LASD has advised that in the matter of Pfizer Limited vs LASD, the formal order was signed by Honourable Mrs. Justice Vivene Harris and filed on November 24, 2017. The amount awarded for damages and interest up to the 3rd November, 2017 was J$273,278,243.00.

LASD has further advised of its intention to file an appeal and will inform of the progress being made in the matter.

JSE Considers Dividend Published: 09 November 2017

Jamaica Stock Exchange (JSE) has advised that at a meeting of their Board of Directors  to be held on November 15, 2017, the directors will consider the payment of an interim dividend.

Seprod Considers Dividend Published: 09 November 2017

Seprod Limited (SEP) has advised that the Board of Directors at a meeting scheduled for November 15, 2017, will consider payment of a dividend.

JPS Declares Dividend Published: 09 November 2017

Jamaica Public Service Company Limited (JPS) has declared quarterly preference dividends payable on December 29, 2017 to shareholders on record as at December 15, 2017 on the undermentioned classes of Preference Shares:

(a)  7% Cumulative Preference Shares “B” – $0.035
(b)  5% Cumulative Preference Shares “C” – $0.025
(c)  5% Cumulative Preference Shares “D” – $0.025
(d)  6% Cumulative Preference Shares “E” – $0.03

The ex-dividend date is December 13, 201