NCB Financial Group Limited (NCBFG) has advised that a connected party sold 5,000,000 NCBFG shares and that a director purchased 14,400 NCBFG shares. These transactions were conducted on June 11, 2018.
Source: Jamaica Stock Exchange
Jamaican Teas Limited (JAMT) JAMT has advised that the 2018 Annual General Meeting of the Company will be reconvened at 2 Bell Road, Kingston 11 on the 31st day of July 2018 at 2:30 pm for the purpose of transacting the following business:
1. Pursuant to Sections 130(4) and 154(5) of the Companies Act of Jamaica the following ordinary resolution proposed by a shareholder by notice on April 18, 2018 shall be considered and, if approved by shareholders, adopted by the Company
“That KPMG be, and are, hereby appointed auditors of the company in place of the retiring auditors, BDO, to hold office until the conclusion of the next Annual General Meeting at a remuneration to be determined by the Board of Directors of the company.”
Source: Jamaica Stock Exchange
Kingston Wharves Limited (KW) has advised that a connected party sold 6,634 KW shares on June 11, 2018.
Source: Jamaica Stock Exchange
Supreme Ventures Limited (SVL) has advised that a connected party purchased 40,000 SVL shares on June 11- 12, 2018 and two connected parties sold a total of 1,745,532 SVL shares on June 12, 2018.
Source: Jamaica Stock Exchange
GraceKennedy Limited (GraceKennedy) last Monday announced that it will acquire a 35% share in Catherine’s Peak pure spring bottled water brand, which is owned by Peak Bottling Company Limited (PBCL), subject to further due diligence. The acquisition is being undertaken following the signing of a binding memorandum of understanding between GraceKennedy and PBCL at GraceKennedy’s Harbour Street offices.
GraceKennedy has also been appointed as the exclusive distributor for the Catherine’s Peak brand which will immediately benefit from GraceKennedy’s extensive distribution network.
Source: Jamaica Stock Exchange
Kingston Properties Limited (KPREIT) has advised of the decision of their Board of Directors to repurchase up to 0.75% of the Company’s issued shares as part of a buyback programme and that 2,400 KPREIT shares were purchased under this programme on June 13, 2018.
Source: Jamaica Stock Exchange
Kingston Wharves Limited (KW) has advised that the Board of Directors will consider declaring a dividend at a meeting scheduled to be held on June 20, 2018.
AT&T Inc. was cleared by a judge to take over Time Warner Inc. in an $85 billion deal that the mobile-phone giant says will fuel its evolution into a media powerhouse that can go head-to-head with Netflix Inc. and Amazon.com Inc., Bloomberg News reports.
Source: Bloomberg
CAC 2000 Limited (CAC) has advised that their Board of Directors at the Board meeting on May 30, 2018, unanimously voted in favour of an interim dividend payment on ordinary shares based on the CAC’s 6 months results as follows:
IronRock Insurance Company Limited (ROC) has advised that a connected party purchased 1,243 ROC shares on June 7, 2018.