The Jamaica Stock Exchange Limited has advised that at its Bi-Monthly Board Meeting held Wednesday July 22, 2015 both Messrs. Allan Lewis and Ian McNaughton were re-elected as Chairman and Deputy Chairman respectively.
The Board of Directors of Radio Jamaica Limited has declared an interim dividend of $0.10 per share payable on September 7, 2015 to shareholders on record as at August 10, 2015. The ex-dividend date is August 5, 2015.
The Board of Directors of Carreras Limited will consider an interim dividend payment at a meeting scheduled for July 31, 2015.
The Board of Directors of Cargo Handlers Limited will consider an interim dividend payment for the year 2015 at a meeting scheduled for July 29, 2015.
Desnoes & Geddes Limited has advised that Mrs. Carol Marcia Bourke was appointed to its board of directors effective July 17, 2015. She has also been appointed as a member of the Audit Committee.
The Board of Directors of Supreme Ventures Limited will consider an interim dividend payment at a meeting scheduled for August 4, 2015.
Pan-Jamaican Investment Trust Limited (PJAM) has raised $3Bn through an issue of corporate bonds, exceeding its initial target of $2.75Bn. Proceeds from the seven year bond will be used, in part, to pay down existing debt, while the remainder will be put towards general investments.
NCBCM endorses new JSE Online Platform
NCB Capital Markets has recently signed on to the Jamaica Stock Exchange (JSE) online trading platform, which now enables internet-savvy investors to actively participate in the buying and selling of securities.
Launched last Wednesday at the Jamaica Pegasus Hotel in Kingston, the JSE online trading platform now allows retail investors the opportunity to place orders through their preferred brokers, all in the convenience of their own home.
With the new JSE online platform users are able to:
• Buy and sell securities online
• View market performance
• View statements
• Have 24/7 Access to information
• Learn more about investments
“NCB Capital Markets is delighted at this partnership since this allows us to better serve our customers and augurs well for us as the World Finance Best Investment House – Caribbean 2014 and our constant goal of aligning to international best practices,” said NCB Capital Markets CEO Steven Gooden.
NCB Capital Markets is among the first local brokerage houses which have adopted this model and this fact is something that, “we can be proud of”.
“As the asset and wealth management arm of the NCB Group, we too are fully aligned with our vision of creating a Bank of the Future and this thrust represents yet another step in realizing that goal,” Gooden added.
NCB Group Staff (including NCBCM) and connected parties are not allowed to sign up for JSE online trading through NCBCM at this time as the platform is currently unable to restrict trading during the blackout period.