Desnoes & Geddes (DG) has advised that Heineken has acquired controlling stake in DG and intends to make an offer to purchase all outstanding shares of DG pursuant to the Jamaican Takeover Code.
Kingston Properties Limited (KPREIT) has advised that Mrs. Fayval Williams, Executive Director of KPREIT has resigned effective October 31, 2015. KPREIT further advised that Mr. Kevin Richards, formerly of Sterling Asset Management was offered and accepted the position of CEO. Mr. Ricard’s appointment becomes effective November 2, 2015.
Seprod Limited (SEP) has advised that the Board of Directors will convene a meeting on Monday, October 12, 2015 to consider the payment of a dividend.
National Commercial Bank Jamaica Limited (NCBJ) has advised that effective October 1, 2015, the Group Human Resources and Group Facilities and Services Division merged to form the Group Human Resources and Facilities Division. Mr. Rickert Allen, Senior General Manage, will have the responsibility of providing leadership for the Division and will continue to report to the Group Managing Director.
Sagicor Group Jamaica Limited (SJ) has advised that the Board of Directors will convene a meeting on Wednesday, October 14, 2015 to consider the payment of a dividend.
Jamaica Broilers Group Limited (JBG) has advised that the Board of Directors will convene a meeting on Monday, October 12, 2015 to consider the payment of a dividend.
Seprod Limited (SEP) has advised that effective September 28, 2015, Mrs. Carol Andrade joined the Executive Management Team as Group Quality and Innovation Manager.
Paramount Trading (Jamaica) Limited (PTL) has advised that the Board of Directors will convene a meeting on Thursday, October 8, 2015 to consider the payment of a dividend.