Latest News

JMMB makes dividend payments on preference shares Published: 21 June 2011

Jamaica Money Market Brokers Limited will be making dividend payments of $0.0219 and $0.0248 per preference share on its 8.75% and 8.50% preference shares respectively. The payment date is July 7, 2011 and the record date is June 24, 2011. The ex-dividend date is June 22, 2011.

FCIB will be branded now under 'CIBC' Published: 21 June 2011

FirstCaribbean International Bank Limited has advised on June 20, 2011 that it will be branded under the CIBC banner by adopting the cobranded identity `CIBC FirstCaribbean International Bank.` FirstCaribbean`s parent company, CIBC, is one of Canada`s largest banks with offices in major financial centresaround the world. As an important member of the CIBC group of companies, CIBC FirstCaribbean will be adopting new branding elements to be closely aligned to the CIBC brand, while still maintaining the FirstCaribbean name and local identity.

 

 

KP REIT announces resolution passed at AGM Published: 14 June 2011

Kingston Properties Limited has advised that the following resolution was passed at its Annual General Meeting held on Thursday, June 9, 2011. "To authorize the Directors to issue and/or allot such of the authorized capital of the Company as is presently unissued in the form of Preference Shares, the same to be issued and/or allotted with rights/restrictions as may be fixed by the Directors or a Committee of Directors"

KP announces real estate purchase Published: 09 June 2011

Kingston Properties Limited has advised that it has signed a definitive agreement with Henkel Jamaica Limited to purchase the properties located at 36-38 Red Hills Road, near the intersection of Eastwood Park Road and Red Hills Road.

The property consists of 47,865 square feet of office and warehouse space across multiple buildings. Henkel Jamaica has also agreed to lease roughly 46% of the space with the primary balance of the remaining space rented to strong local and international corporate tenants. For competitive reasons, the price is withheld until the close of the transaction which Kingston Properties expects to be by the end of July, 2011.

JSE approves quarterly dividend Published: 26 May 2011

The Board of Directors of the Jamaica Stock Exchange has approved a quarterly dividend of 7.61% per annum on the Redeemable Variable Rate Preference Shares for the period March 1, 2011 to May 31, 2011 in the amount of J$0.038 per share payable on June 8, 2011to shareholders on record as at June 3, 2011. The ex-dividend date is June 1, 2011.

 

FCIB declares dividends to shareholders Published: 26 May 2011

The Board of Directors of First Caribbean International Bank Limited (FCIB) has declared an interim dividend of US$0.03 per share payable on June 30, 2011 to shareholders on record as at June 08, 2011. The ex-dividend date is June 6, 2011. FCIB has released its unaudited results for the second quarter ended April 30, 2011.

 

GHL sells minority shares in its London business Published: 25 May 2011

Guardian Holdings Limited (GHL) and its minority shareholding partners have agreed to sell their Lloyd`s of London business, Jubilee Group Holdings Limited (JGHL), to Ryan Specialty Group for a total consideration of £35 million. The transaction values the business at 2.33 times book value, placing a premium on the business which exceeds comparable recent Lloyd`s of London acquisitions.

PCFS declared a second quarterly preference share dividend Published: 25 May 2011

The Board of Directors of Pan Caribbean Financial Services Limited (PCFS) has declared a second quarterly preference share dividend for the year 2011 in the amount of $6.30 per share payable on June 17, 2011 to shareholders on record as at June 8, 2011. The ex-dividend date is June 6, 2011. PCFS has advised that members of its senior management team have been issued stock grants totaling 1,353,831 ordinary shares.

 

Carreras Limited declares divdends Published: 18 May 2011

The Board of Directors of Carreras Limited has declared an interim dividend of $1.50 per share payable on June 23, 2011, to shareholders on record as at June 2, 2011. The ex-dividend date is May 31, 2011.

FJI and PJAM announce dividend payments Published: 18 May 2011

The Board of Directors of Pan-Jamaican Investment Trust Limited has declared a second interim dividend for the year 2011 of $0.32 payable on June 24, 2011 to shareholders on record as at May 30, 2011. The ex-dividend date is May 26, 2011. The Board of Directors of First Jamaica Investments Limited has declared a second interim dividend for the year 2011 of $0.30 payable on June 17, 2011 to shareholders on record as at May 30, 2011. The ex-dividend date is May 26, 2011.