Caribbean Flavours & Fragrances Limited (CFF) has advised that Derrimon Trading Company Limited (DTL) on January 17, 2017 announced their intention to make a take-over bid to acquire 50.98% of the issued shares in CFF (or 45,841,911 ordinary shares in CFF), at a price of J$4.50 per stock unit to stockholders in Jamaica (the Offer). DTL will pay interest to CFF stockholders on shares tendered in response to the Offer at the prevailing weighted average six-month Treasury Bill rate of 5.561% from December 21, 2016 up to but excluding the date of settlement. DTL`s announcement indicates that the Offer is expected to open on January 20, 2017 and is expected to close on February 10, 2017. On receipt of the Offer, CFF`s Board of Directors will review the offer and thereafter issue a Directors` Circular to CFF`s stockholders with a recommendation as to how stockholders should respond.

Derrimon Trading Company Limited (DTL) has advised that it has commenced a process to acquire an additional 23,379,208 stock units in Caribbean Flavours and Fragrances Limited (CFF). The sum prepaid is J$105,206,436.00 which on completion, would translate to a price of J$4.50 per stock unit. The prepayment was made pursuant to a Deed dated December 15, 2016. DTL has further advised that is presently in discussions with the FSC as to the implementation of such follow-up actions that may be required by applicable laws or regulations.

Salada Foods Jamaica Limited has advised that its Annual General Meeting has been scheduled for 3:00 p.m. on Thursday, February 16, 2017 at the Knutsford Court Hotel, Windward Suite, 16 Chelsea Avenue, Kingston 5.

Pulse Investments Limited (PULS) has declared a dividend of $0.08 per share payable on February 21, 2017 to shareholders on record as at January 23, 2017. The ex-dividend date is January 19, 2017.

PROVEN investment limited opened  its $2 billion preference share offer on Friday, promising investors a rewarding new year.

Montego Bay Ice Company Limited has advised that the following Special Resolution was passed at its Annual General Meeting held on June 24, 2015: "THAT the company takes the necessary regulatory steps to be delisted as a public company pursuant to and in agreement with the Rules of the Jamaica Stock Exchange".

Proven Investments Limited (PROVEN) has advised that on December 12, 2016 it entered into an Agreement for Sale and Purchase of Shares to acquire 100% of the common equity of Bank of Saint Lucia International Limited (BOSIL) from East Caribbean Financial Holding Company Limited for an undisclosed consideration. The proposed acquisition by PROVEN is subject to regulatory authority and approvals in Saint Lucia and is scheduled to be completed in the first quarter of 2017, subject to any extension by mutual agreement between the parties.

Margaritaville (Turks) Limited has advised that its Annual General Meeting has been scheduled for 11:00 a.m. on Thursday, January 5, 2017 at its Board Room located at No.16, M19 Southern Cross Boulevard, Freeport, Montego Bay.

Eppley Limited (EPLY) has advised that the Invitation for Subscription in respect of its cumulative redeemable preference shares maturing in 2021 at the price of J$6 per share made subject to a prospectus of Eppley Limited dated November 17, 2016 closed at 4p.m. on December 8, 2016. A total of 225 applications for shares valued at approximately $361.6 million were received. The basis of allotment of the shares is 100% of each application amount. EPLY has further advised that it will now make an application to the Jamaica Stock Exchange to list the 2021 Preference Shares in accordance with the terms and conditions of the prospectus.

Jamaica Producers Group Limited has advised that at a Board of Directors` meeting scheduled for December 14, 2016 an interim dividend payment will be considered.