Cargo Handlers Limited (CHL) has advised that the Board of Directors declared an interim dividend of one dollar and thirty cents ($1.30) per share unit, payable on March 11, 2016 to shareholders on record as at February 9, 2016. The ex-dividend date is February 5, 2016.

Caribbean Cement Company Limited (CCC) has advised that further to approvals in principle by its Board on January 19, 2016 and the Parent Board (Trinidad Cement Limited) on January 21, 2016, CCC plans to embark on a project to upgrade its facility to realize an increased capacity and improved efficiency. CCC estimates that there will be a US$30,000,000 investment into the plant over the next 15 to 18 months, which should see the capacity of the Company growing from 1.2 to 1.6 million tonnes per annum. This investment will involve an upgrade of various equipment mainly in the kiln area, a new coal mill and investments to improve the Company’s environmental performance.

Trinidad Cement Limited (“TCL”) wishes to advise of the dissolution of one of its wholly owned subsidiaries - TCL Service Limited - a company incorporated in 1999 under the Nevis Business Corporation Ordinance, 1984. TCL Service Limited was a financial holding company which had been inactive for the past ten (10) years. TCL Service Limited was one of the guarantors under the Credit Agreement between TCL and its Lenders; however, such dissolution is permitted under the said Credit Agreement, provided that assets of the guarantor are distributed to the borrower or another guarantor. By resolution dated November 03, 2015, TCL, as sole shareholder, resolved that the Company be dissolved. The dissolution took effect on December 08, 2015 and upon dissolution, the assets of TCL Service Limited were distributed to TCL. The dissolution of TCL Service Limited will result in cost savings and will serve to simplify the corporate structure of the TCL Group.

Access Financial Services Limited (AFS) has advised that the Board of Directors approved a dividend payment of $0.14 per share, to shareholders on record as at February 11, 2016 payable on February 25 2016. The ex-dividend date is February 9, 2016.

Carreras Limited (CAR) has advised that the Board of Directors at a meeting on Thursday, February 4, 2016 will consider the payment of an interim dividend to its shareholders.

Trinidad Cement Limited (TCL) has advised that Mr. Rupert Greene, General Manager – Arawak Cement Company Limited (a wholly owned subsidiary of TCL) has resigned effective December 31, 2015, he will continue as a consultant for a six month period. Mr. Manuel Toro has been assigned to the position of General Manager effective January 1, 2016.

Proven Investments Limited (PROVENJA) has advised that the Board of Directors at a meeting on Thursday, February 11, 2016 consider a dividend to its Preference Shareholders.

Kingston Properties Limited (KPREIT) has advised that Mr. Michael Parker and Mrs. Meghon Miller-Brown were appointed as directors of the company. They will both serve until the next annual general meeting, when they will retire but are eligible for re-election.

JMMB Group Limited (JMMBGL) Preference Share Offer, which closed on, January 4, 2016, resulted in the following:

• Both the Cumulative Redeemable 6.00% USD Preference Shares and the Cumulative Redeemable 7.50% Variable Rate JMD Preference Shares, being oversubscribed by 33, 783,500 and 327,548,000 respectively.
• 2,000,000 Cumulative Redeemable 5.75% USD Preference Shares was offered, however, only 213,500 shares was applied for.
• 70,000,000 Cumulative Redeemable 7.25% Variable Rate JMD Preference Shares was offered, however, only 9,434,000 was applied for.

JMMBGL has advised that all shares applied for will be allocated to applicants out of Preference Shares currently held by JMMB Group Limited.

Margaritaville (Turks) Limited (MTL) has advised that the Board of Directors will meet on Thursday, January 28, 2016 to consider an interim dividend payment.