Latest News

FCIBC Appointment Published: 11 September 2013

FirstCaribbean International Bank Limited has advised that on September 6, 2013, the board of directors appointed Mrs. Colette Delaney currently CIBC's Executive Vice President Strategy and Corporate Development as its Chief Administrative Officer subject to regulatory and governmental approvals.

FCIBC Director to Retire Published: 11 September 2013

FirstCaribbean International Bank Limited (FCIB) has advised that Mr. Michael Mansoor will retire as Executive Chairman effective October 31, 2013. FCIB will provide information on succession arrangements before Mr. Mansoor's retirement becomes effective. Mr. Mansoor will remain on the board as a non-executive director.

DG Appointment Published: 11 September 2013

Desnoes & Geddes Limited has advised that Dianne Ashton-Smith, Communications Manager, has been appointed Head of Corporate Relations effective September 3, 2013.

H&L General Manager Resigned Published: 11 September 2013

Hardware & Lumber Limited has advised that Mr. Andrew Kerr, General Manager, Central Services tendered his resignation from the company with effect from August 29, 2013.

SLJ Shareholders Approve Proposed Scheme of Arrangement Published: 11 September 2013

SLJ Shareholders Approve Proposed Scheme of Arrangement Related to Issuance of Newly Created Sagicor Group Jamaica Shares

Sagicor Life Jamaica Limited (SLJ) has advised that the stockholders of SLJ at an Extraordinary General Meeting held on Tuesday September 3, 2013, to consider and approve the proposed Scheme of Arrangement, unanimously voted in favour of the Scheme. With this approval by the stockholders, the Scheme of Arrangement must now be sanctioned by an Order of the Supreme Court and the Registrar of Companies notified before the Scheme becomes effective. Once the Scheme is approved, all stock units in SLJ will be cancelled and the newly created Holding Company, Sagicor Group Jamaica Limited will issue and allot the ordinary shares of equal value in its capital to stockholders of the company. The Sagicor Group shares will also be converted to ordinary stock units and the SLJ stock units will be delisted and the Sagicor Group stock units will be listed in their place.

SGJ Director Resigned Published: 11 September 2013

SGJ has advised that Mr. Claude Norfolk has resigned from the Board of Directors SGJ and its subsidiary; The Bank of Nova Scotia Jamaica Limited effective September 1, 2013.

SGJ and SIJL Directors Approve Dividend Payment Published: 11 September 2013

The Boards of Directors of Scotia Group Jamaica and Scotia Investments have declared a dividend of $0.40 and $0.45 per share respectively payable on October 9, 2013 to shareholders on record as at September 18, 2013. The ex-dividend date for both payments is September 16, 2013.

Barita Investments - Appointment Published: 11 September 2013

Barita Investments Limited (BIL) has advised that Mr. Ian McNaughton has been appointed Managing Director and Member of the Board of Directors of BIL, effective September 1, 2013. Mr. McNaughton will continue to perform the role of Company Secretary for BIL.

Board Appointment at DG Published: 29 August 2013

Desnoes & Geddes Limited has advised that Mr. Jaime Graña was appointed a director effective August 23, 2013.