Proven Investments Ltd (PIL) has advised that it has sold the loan portfolio of Asset Management Company Ltd (AMCL), a subsidiary of Proven Investments Ltd to Access Financial Services Ltd (AFS). The sale follows Proven Investments Ltd purchase of 135, 239, 271 units or 49.27% of participating voting shares in AFS.

After announcing in January that GraceKennedy USA LLC would expand its own distribution in the New York, Atlanta and Florida markets, the company is also now advising of a deal with American beverage giant AriZona Beverages USA, LLC., to distribute its Grace beverages. Under the arrangement which began this month, Arizona will distribute Grace Beverages to convenience stores, independents and on premise locations – including restaurants and bars - across New York and New Jersey, with discussions now in place for distribution to Texas and other states in short order. This agreement will expand the distribution of Grace Beverages beyond the traditional Caribbean and Hispanic trade to the urban mainstream consumer in the US North East. Grace Kennedy USA LLC will continue to distribute Grace Beverages directly to the major retail chains in the North East going forward.

AriZona Beverages USA, LLC., based in Woodbury, New York, is a multi-billion dollar company, which makes Arizona Iced Tea, flavoured waters, juices, coffees, energy drinks and powdered tea mixes. AriZona is the leader in hot-filled beverages for the United States, and its iced tea is also the top-selling ready-to-drink tea in the United States. The company now distributes Grace Tropical Rhythms, the Grace Aloe Drink line, as well as Grace Coconut Water for GraceKennedy USA LLC.

Access Financial Services Limited (AFS) has advised that it has acquired the loan portfolio of Asset Management Company Limited, a subsidiary of Proven Investments Limited (PROVEN). AFS further advised that the purpose of the acquisition is to expand its local customer base and share of market. AMCL through its eZzeeas 123 brand offers consumer and business financing. The acquisition follows PROVEN`s purchase of 135,239,271 units or 49.27% of participating voting shares in AFS.

The Board of Directors of GraceKennedy Limited has declared an interim dividend of $0.75 per share payable on May 18, 2015 to shareholders on record as at April 28, 2015. The ex-dividend date is April 24, 2015.

The Board of Directors of Pan-Jamaican Investment Trust Limited has adopted a Resolution to declare a first interim dividend for the year 2015 in the amount of $0.70 per share payable on March 31, 2015 to shareholders on record as at March 13, 2015. The ex-dividend date is March 11, 2015.

The Board of Directors of Sterling Investments Limited has declared a dividend of $1.82 per share payable on March 20, 2015 to shareholders on record as at March 6, 2015. The ex-dividend date is March 4, 2015.

Trinidad Cement Limited (TCL) has advised that the directors have fixed Tuesday, March 3, 2015 as the record date for determining the shareholders who are entitled to participate in the Rights Issue of TCL which is scheduled to commence on March 6, 2015 and not March 5, 2015 as was previously advised.

Scotia Investments Jamaica Limited (SIJL) has advised that in keeping with its continued efforts to strategically realign its distribution network, as well as improve the efficiency levels of its core operations, the decision was taken to close its Savanna-La-Mar branch located at 72 Great Georges Street, effective Tuesday, March 31, 2015. SIJL advised that it is its intention to continue to serve its clients through its representatives located in the Scotiabank branches located in Savanna- La-Mar and Negril.

The Gleaner Company Limited (GLNR) has advised that at a board meeting held on February 19, 2015, Ms. Elizabeth Jones was appointed Chair of the Audit Committee (replacing Mr. Christopher Roberts who resigned). GLNR also advised that Mr. Joseph Matalon was appointed a member of the Committee.

The Board of Directors of The Gleaner Company Limited has declared an interim dividend of $0.04 per share payable on March 25, 2015 to shareholders on record as at March 5, 2015. The ex-dividend date is March 3, 2015.