Trading Reinstated for MFS on the JSE’s Junior Market

• The ordinary shares of MFS Capital Partners Limited (MFS), which trades under the symbol MFS on the Junior Market of the Jamaica Stock Exchange (JSE), resumed trading last Friday, March 7, 2025.
• MFS was suspended at the end of 2024 after failing to submit its audited reports ending June 2024 within a six-month timeline to the market. Listed firms have three months to submit audited financials and an additional three months to rectify the violation.
• All outstanding issues that led to the suspension of trading in MFS shares have now been addressed, according to the JSE. These included the submission of its Audited Financial Statements for the year ended June 2024 and 1st Quarter Unaudited Financial Statements for the period ended September 30, 2024.
• The Company further agreed in its discussions with the JSE to share a market release on the measures that MFS had put in place to prevent a recurrence of the issues regarding its financial reporting, and this was done and circulated to the market.
• In light of the Company’s compliance, MFS has remedied its breaches of JSE’s Junior Market Rule Appendix 2, Part 4 (1) (e) & 4 (2) (e). Dr. Marlene Street Forrest, Managing Director of the Jamaica Stock Exchange, stated that “MFS Capital Partners Limited is now in compliance with the Rules of the JSE, and there is no reason for the shares to remain suspended.

(Source: JSE)