Sweet River Abattoir Suspended from Trading

  • Sweet River Abattoir & Supplies Company Limited (SRA) was suspended from trading on March 4, 2019, after the company failed to produce their financial statements in keeping with the Jamaica Stock Exchange Junior Market Rules.

 

  • The company has failed to satisfy on-going requirements pertaining to the filing of its Annual Report for the year ended March 31, 2018, which became due on July 29, 2018, and furnishing a disclosure regarding the renewal of a lease for its offices. As of February 28, 2019, SRA’s Annual Report is 214 days outstanding.

 

  • The JSE has noted that SRA as a listed company of the JSE has also failed to convene its Annual General Meeting in accordance with the Companies Act of Jamaica which may cause reputational risk to the market.

 

(Source: JSE)