The Board of Directors of Knutsford Express Services Limited has declared an interim dividend of $0.15 per share payable on September 15, 2015 to shareholders on record as at August 4, 2015. The ex-dividend date is July 31, 2015.
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NCBJ Advises of Board Resignation at NCB Global Finance Ltd. Published: 20 July 2015
National Commercial Bank Jamaica Limited has advised that Miss Nisha Dass has resigned as a director of NCB Global Finance Limited effective July 14, 2015.
KPREIT Announces Rights Issue Published: 15 July 2015
Kingston Properties Limited (KPREIT) has announced a rights issue with respect to at least 136,271,694 ordinary shares, at $7.00 per new ordinary share, to shareholders as at record date July 16, 2015. The new ordinary share allotment will be two (2) new ordinary shares for each existing units currently held. This offer will be opened on July 22, 2015, the last date for renunciation is July 28, 2015 and the offer will close on July 28, 2015.
RJR to Consider Dividend Payment Published: 14 July 2015
The Board of Directors of Radio Jamaica Limited will consider an interim dividend payment at a meeting scheduled for July 22, 2015.
Blue Power Declared Dividend Published: 08 July 2015
The Board of Directors of Blue Power Group Limited has declared a dividend of $0.15 per share to be paid on August 24, 2015 to stockholders on record as of July 27, 2015. The ex-dividend date is July 23, 2015.
SVL Advises of Promotions and Departures Published: 03 July 2015
Supreme Ventures Limited has made the following announcements:
(a) Mr. Andre Marks has been promoted to the position of Manager-Enterprise, effective June 1, 2015.
(b) Mrs. Carolyn Bolt-Nicholas has been promoted to the position of Group Manager, Human Resources & Administration, and effective June 1, 2015.
(c) Mr. Adam Harris has been promoted to the position of Assistant Vice President, Projects and Innovation effective June 1, 2015.
(d) Mr. Mark Archer has departed from the position of Group Information & Technology Manager effective July 1, 2015.
(e) Ms. Janette Conie has departed from the position of AVP Group Human Resources effective July 1, 2015.
JMMB Group Obtained Regulatory Approval for Another DomRep Acquisition Published: 02 July 2015
JMMB Group Limited (JMMBGL) through its Dominican Republic subsidiary, JMMB Holding Company Limited, has obtained regulatory approval for the acquisition of 90% of shares of Banco Ahorro y Credito Rio. Banco Ahorro y Credito Rio (Banco Rio) is a savings and loans bank, in accordance with the Financial and Monetary Law of the Dominican Republic. They are licensed to provide: consumer loans; loans to small and medium enterprises (SMEs); commercial loans; credit cards; cambio services; savings account and certificates of deposit.
Carreras Appoints Trade Marketing & Distribution Manager Published: 24 June 2015
Carreras Limited has advised of the appointment of Mrs. Heather Bulgin Williams as Trade Marketing & Distribution Manager effective June 22, 2015.
Senior Management Appointment at NCBJ Published: 22 June 2015
National Commercial Bank Jamaica Limited has advised that Mr. Andrew Simpson joined the organisation at the level of Assistant General Manager in the capacity of Assistant General Manager - Corporate Banking effective June 1, 2015.
GK to Sell 58.1% Stake in H&L for $18.50 per share Published: 17 June 2015
On June 16, 2015 GraceKennedy Group CEO Don Wehby announced that it has entered into the previously reported conditional agreement for the sale of GraceKennedy`s 58.1% shareholdings in Hardware & Lumber Limited (HL) with Greystone Equity Partners Inc. and/or nominee and who has nominated Argyle Industries (Jamaica) Limited as its nominee. The transaction terms include a maximum price of J$18.50 per ordinary share with the agreement subject to conditions and with completion anticipated by the end of July. Mr. Wehby reminded that the agreement is conditional and stated that "GraceKennedy is looking forward to the conclusion of the transaction in a timely manner and will communicate further as soon as it is finalized." He reiterated that GraceKennedy`s decision to sell its shares in HL was a strategic one, having regard to its core strategy of expansion in the foods and financial services sectors.