Latest News

Caribbean Cement Company Limited (CCC) – Loan Agreements with CEMEX Espana, S.A. Published: 31 May 2018

Caribbean Cement Company (CCC) has advised that on May 28, 2018, pursuant to the authorization of its Board of Directors, the Company entered  into two loan agreements with CEMEX España, S.A., a subsidiary of CEMEX, S.A.B. de C.V.: (i) a term loan agreement for US$$50 million bearing an annual interest rate of 7.25% to be repaid in full within 7 years from the signature date; and (ii) a revolving loan agreement for US$52 million bearing an annual interest rate of LIBOR plus 420 basis points to be repaid in full 7 years from the signature date (the “Loan Agreements”).

The proceeds from the Loan Agreements will be used by CCC to pay Trinidad Cement Limited, its parent company, for the purchase of assets mainly consisting of the Kiln 5 and Mill 5 processes at CCC’s Rockfort, Kingston, Jamaica  facilities, pursuant to the equipment sale and purchase agreement dated April 27, 2018, the remainder, if any, will be used for general corporate purposes.

Honey Bun (1982) Ltd (HONBUN) Declares Dividend Published: 31 May 2018

Honey Bun (1982) Ltd (HONBUN) has advised that at a meeting held on May 28, 2018, the Board of Directors declared an interim dividend of 20 Jamaican cents ($0.20) per share. The dividend is payable on June 25, 2018, to shareholders on record as at June 11, 2018. The ex-dividend date is June 8, 2018.

Caribbean Flavours and Fragrances Limited (CFF) Published: 31 May 2018

Caribbean Flavours and Fragrances Limited (CFF) has advised that the Board of Directors will be meeting on Thursday, May 31, 2018, for the sole consideration of a recommendation for the payment of an interim dividend. 

 
 

Supreme Ventures Limited (SVL) Trading in Shares Published: 31 May 2018

Supreme Ventures Limited (SVL) has advised that on May 18, 2018, a connected party sold 148,000 SVL shares and on  May 18, 2018 & May 21, 2018, a connected party purchased a total of 402,000 SVL shares.