GraceKennedy Limited (GK) has issued a press release advising that CEO, Mr. Don Wehby announced that effective January 31, 2016 Mr. Courtney Campbell has resigned from the Board of the GraceKennedy Limited, First Global Bank Limited, GraceKennedy Financial Group Limited and other Boards in the Group.

In the press release, Mr. Wehby also announced the following changes in the Group effective February 1, 2016.

• Mr. Campbell’s resignation as CEO of First Global Bank Limited;
• The appointment of Mrs. Mariame Robinson as President and CEO of First Global Bank Limited;
• The appointment of Mrs. Grace Burnett as CEO, GraceKennedy Financial Group Limited and;
• The appointment of Mr. Steven Whittingham as GK Group Chief Investment Officer

Kingston Wharves Limited (KW) has advised that it has acquired the stevedoring business of Transocean Shipping Limited with effect January 8, 2016. KW advised that the acquisition is intended to be effected at a maximum cost of Two Hundred and Nineteen Thousand Six Hundred and Eight United States Dollar (US$219,608.00), which will be payable over a three (3) year period provided certain terms and conditions are met. KW anticipates that with this acquisition, they will further expand and improve the range of services it offers to shipping lines that call the Port of Kingston.

Jamaica Broilers Group Limited (JBG) has advised that Mr. Barrington Pryce resigned as a director of the company effective January 11, 2016.

Knutsford Express Services Limited (KEX) has advised that Mr. Johann Heaven has tendered his resignation as a director of the company effective January 8, 2016. 

AMG Packaging & Paper Company Limited (AMG) has advised that at a meeting scheduled for Thursday, January 14, 2016 the Board of Directors will consider the payment of an interim dividend.

Access Financial Services Limited (AFS) has advised that at a meeting scheduled for Thursday, January 21, 2016 the Board of Directors will consider making a dividend payment to its ordinary shareholders.

Pulse Investments Limited (PULS) has advised of the following addendum to the Notice of their Annual General Meeting to be held on Tuesday, January 26, 2016 at 10:30 a.m. at The Refuge, Villa Ronai, Old Stony Hill Road.

Addendum – Resolution No. 4

To consider and if thought fit, pass the following ordinary resolution: “THAT the authorised share capital of the company be increased from 336,835,181 shares of no par value to 450,000,000 shares of no par value, by the creation of an additional 113,164,819 shares.”

Hardware & Lumber Limited (HL) has advised that GraceKennedy has completed the sale of its 58.15% interest in HL to Argyle Industries Inc. and at a meeting held on December 30, 2015, the following directors tendered their resignation:

• Mrs. Andrea Coy
• Mrs. Grace Burnett
• Mrs. M. Audrey Hinchcliffe
• Mr. Gordon Sharp and;
• Mr. Donald G. Wehby

Also at that meeting, the following directors were duly appointed:

• Mr. Christopher Bovell
• Mr. Joseph Bogdanovich
• Mr. Anthony Bell
• Mr. Patrick Williams and;
• Mr. Marcus Richards

Hardware Lumber (HL) has advised that the board of directors of HL, at its Board meeting on December 30, 2015 adopted a Resolution to declare an interim dividend for the year 2015 in the amount of One Dollar and Nine cents ($1.09) per stock unit payable on January 29, 2016 to shareholders on record as at the close of business on  January 15,  2016 and the ex dividend date is the January 13, 2016.

Supreme Ventures Limited (SVL) has advised of the retirement of  Mrs. Sonia Davidson from the position of Vice President, Group Corporate Communications, effective December 31, 2015.