Derrimon Trading Expands Retail Outlet

Derrimon Trading Company Limited (DTL) has advised as part of their Five Years Strategic Plan, the following:

• The establishment of a Joint Venture Company for the acquisition of the assets of Caribbean Home Entertainment Systems, the former operators of Carihome Supermarket at Shop # 15 at Upper Manor Park, St. Andrew. The negotiations have not been fully finalized, however, in the interim, a five-year lease has been secured with Jamaica Property Company Limited, the owners of the facility. The facility is being refurbished and will operate under the Select Grocers brand.
• The Company has signed an agreement with Chris Ryan Limited, the operators of Empire Supermarket at 1-3 Retirement Road for the purchase of the assets of that Company. The business will be rebranded under the Sampras brand.