Carreras Limited has advised that at a Board of Directors' meeting scheduled for November 9, 2016 an interim dividend payment will be considered.

Carreras Limited (CAR) has advised of the resignation of Mr. Alan Bergin as a Director and a member of the Audit Committee effective November 1, 2016. CAR further advised that Mr. Bergin`s resignation from the Audit Committee was not as a result of any disagreement in respect of accounting principles or practices, financial statement disclosure or any other material issue impacting on the Audit Committee or his ability to properly carry out the functions delegated by the Board.

Palace Amusement Company (1921) Limited has advised that at a meeting of its Board of Directors held on October 11, 2016, it was unanimously decided that: (1) the next Annual General Meeting will be held on Tuesday, December 13, 2016 at 2 p.m. at its office located at 1A South Camp Road, Kingston; (2) a dividend of $1.00 per stock unit be recommended to be paid to shareholders on record as at January 9, 2017. The ex-dividend date to be January 5, 2017, and that payment be made on Tuesday, January 17, 2017; and (3) Mr. Brian St. Juste be appointed as a Director effective October 11, 2016.

Trinidad Cement Limited has advised that Mr. Christopher Dehring has tendered his resignation from the Board of Directors of the Company effect October 5, 2016.

Jamaican Teas Limited (JAMT) has advised that JRG Shoppers Delite Enterprise Ltd, a subsidiary of Jamaican Teas Limited, has entered into an agreement to sell the supermarket currently operating in Savanna la Mar under the name of Shoppers Delite. The sale will be effective October 31, 2016. JAMT advised that the value of the sale is not material to the overall assets of the company and the sale will not have a material impact on current operations, but will lead to some improvement in overall operating results in the future.

Dolphin Cove Limited has advised that at a board meeting scheduled for Monday 24 October 2016, consideration will be given to the payment of an interim dividend.

Sagicor Jamaica Limited (SJ) has advised that the Company on behalf of its managed funds has completed the acquisition of 217 of the 277 residential units in the condominium resort development, known as the Palmyra Resort and Spa in Montego Bay, St James and an adjoining power plant owned by Caribbean Green Power Systems Limited (In Receivership). 

National Commercial Bank Jamaica Limited has advised that Ms Sandra Grey was promoted to the role of Assistant General Manager in the Group Human Resources & Facilities Division, effective October 1, 2016.

NCB CAPITAL MARKETS LIMITED ADOPTS NEW REGULATIONS

Carreras Limited (CAR) has advised that the Board of Directors declared an interim dividend of one dollar and eighty cents ($1.80) per share unit, to be paid out of accumulated profits, payable on March 17, 2016 to shareholders on record as at February 22, 2016. The ex-dividend date is February 18, 2016.