Latest News

BNS acquires Scotia DBG Merchant Bank Published: 04 May 2010

The Bank of Nova Scotia Jamaica Limited has advised that it has acquired Scotia DBG Merchant Bank Limited (SDBGMB) with the intention to eventually

consolidate SDBGMB into Scotiabank. This reorganization is aimed at improving efficiencies across Scotiabank Group through the removal of duplicate

products and services. An independent valuation of SDBGMB was conducted by Deloitte Touche Tohmatsu and this valuation was used as a basis to

determine the sale price of $879 million which was settled in cash.

GKL wins court case Published: 04 May 2010

GraceKennedy Limited has advised that the Supreme Court has ruled in favour of Grace Kennedy Remittance Services Limited (GKRS) and software

developer, Paul Lowe, in the suit brought against them by Paymaster Limited (Paymaster).

NCB Group declares dividend Published: 26 April 2010

National Commercial Bank Jamaica Limited has submitted its second quarter financial statements for the six months ended March 31, 2010. The Board of Directors has declared a dividend of sixty-one cents ($0.61) per stock unit payable on May 20, 2010 to stockholders on record as at May 7, 2010. The X-date is May 5, 2010.

Mayberry's monthly preference share dividend Published: 20 April 2010

Mayberry Investments Limited has advised that the board of directors has approved a monthly interim dividend of its preference shares for the period March 24, 2010 to April 21, 2010 for the sum of $0.029 per share, payable on April 23, 2010 to shareholders on record as at April 22, 2010. The X-Date is April 20, 2010.

JMMB declares dividend on preference shares Published: 08 April 2010

Jamaica Money Market Brokers Limited (JMMB) will be making its monthly dividend payments of $0.03 per share and $0.0301146 per share on JMMB 12% Preference Shares and JMMB 12.25% Preference Shares, respectively on March 12, 2010. The record date for the dividend payments is February 26, 2010 and X-date is February 24, 2010.

SDBG and SGJ declared interim dividend payments Published: 08 April 2010

SDBG and SGJ declared interim dividend payments of 33 cents per share and 37 cents per share, respectively to shareholders on record March 15, 2010 and payable on April 8, 2010. The X-Date is March 11, 2010.

Mayberry declares dividend payment Published: 08 April 2010

´╗┐Mayberry Investments Limited (MIL) has declared an interim dividend payment of $0.08 per share to shareholders on record as at March 12, 2010 and payable on March 18, 2010. The X-Date is March 10, 2010. MIL has also submitted its audited financial statements for the period ended December 31, 2009.

Kingston Properties Ltd enters into a binding agreement to purchase residential condiminium space Published: 08 April 2010

Kingston Properties Limited had advised that it has entered into a binding agreement to purchase approximately 19 units or roughly 16,000 square feet of residential condominium space in the Loft II building located at 133 NE 2nd Avenue in downtown Miami, Florida . Each unit is tenanted with one year renewable lease term. The closing of the transaction for the units in the Miami Loft II building is expected to be completed by mid March, 2010.

PCFS declares ordinary dividend of $0.61 Published: 08 April 2010

´╗┐PanCaribbean Financial Services Limited has declared an ordinary dividend in the amount of $0 .61 per share to stockholders on record as at March 24, 2010 and payable on April 8, 2010. The X-Date is March 22, 2010.