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Proven Investments Limited (PROVEN) – Declared Dividend Published: 20 August 2015

Proven Investments Limited (PROVEN) has advised that the Board of Directors declared the payment of a dividend of US$0.0015 per share for ordinary shareholders and J$0.1756 for shareholders who have requested payment in Jamaican Dollars. Payment will be made on September 10, 2015 to shareholders on record as at August 27, 2015. The ex-dividend date is August 25, 2015.

A dividend of J$0.10 for preference shareholders was also declared for payment on September 23, 2015 to preference shareholders on record as at September 9, 2015. The ex-dividend date is September 7, 2015.

National Commercial Bank Jamaica Limited (NCBJ) – Appointment Published: 20 August 2015

National Commercial Bank Jamaica Limited (NCBJ) has announced the appointment of Oliver C. Mitchell Jr. an Attorney-at-law, Advisor and Consultant with over thirty-five (35) years of experience in civil and criminal trials executive human resources practice and litigation avoidance counselling. Chairman NCBJ, Hon. Michael Lee-Chin O.J. said they’re please to have Mr. Oliver Mitchell join and are anticipating that he will add value to their seasoned Board.

Pan-Jamaican Investment Trust Limited (PJAM) – Declared Dividend Published: 20 August 2015

Pan-Jamaican Investment Trust Limited (PJAM) has advised that the Board of Directors declared the payment of a third interim dividend of $0.70 per share, payable on September 18, 2015, to shareholders on record as at September 1, 2015. The ex-dividend date is August 28, 2015.

Kingston Properties Limited (KPREIT) Raises $650M in Rights Issue Published: 20 August 2015

Kingston Properties Limited (KPREIT) advised that approximately Six Hundred and Fifty Million Dollars ($650,000,000) was raised from a recent Rights Issue. The Rights Issued opened on Wednesday, July 22, 2015 was extended by a week to close on Friday; August 7, 2015 and had over one hundred (100) subscribers. KPREIT reports currently owning fifteen (15) units in the Miami Loft II condominium building, as well as a nineteen (19) unit residential complex in South Florida and an office and warehouse complex in Jamaica and will now use the proceeds to pursue expansion plans in various real estate markets in the United States and Caribbean countries.

Eppley Limited (EPLY) – Declared Dividend Published: 20 August 2015

Eppley Limited (EPLY) has advised that the Board of Directors declared the payment of a dividend of Nine Dollars ($9.00) per share unit, payable on August 31, 2015 to shareholders on record as at August 24, 2015. The ex-dividend date is August 21, 2015.

Access Financial Services Limited (AFS) – Declared Dividend Published: 20 August 2015

Access Financial Services Limited (AFS) has advised that the Board of Directors declared the payment of a dividend of twelve cents ($0.12) per share unit, payable on September 16, 2015 to shareholders on record as at September 2, 2015. The ex-dividend date is August 31, 2015.

Carreras Limited (CAR) – Appointment Published: 20 August 2015

Carreras Limited (CAR) has advised of the appointment of Mr. Alan Bergin to the Board of Directors of Carreras Limited and as a member of the Audit Committee effective July 31, 2015.

National Commercial Bank Jamaica Limited (NCBJ) – Subsidiary NCBIC receives high A.M. Best Company Insurance Ranking Published: 20 August 2015

National Commercial Bank Jamaica Limited (NCBJ) has announced that its subsidiary NCB Insurance Company Limited (NCBIC) presently has one of the highest rankings in the Insurance industry for the 2015 – 2016 period, as stated by Best’s Credit Rating, a registered trademark of the A.M. Best Company (a global credit rating agency with a unique focus on the insurance industry).

The A.M. Best Company is a global credit rating agency with a unique focus on the insurance industry with more than one hundred (100) years of history affirming it a respected source. We are pleased to announce that NCB Insurance Company Limited (NCBIC) presently has one of the highest rankings in the Insurance industry for the 2015-2016 period with Best’s Financial Strength rating of "B" and Best’s Issuer Credit Rating of "bb+" with an overall stable outlook by Best’s Credit Rating, a registered trademark of the A.M. Best Company.

The Best’s Credit Ratings represent the company's assessment of an insurer's ability to meet its obligations to policyholders. The rating process involves quantitative and qualitative reviews of a company's balance sheet, operating performance and business profile, including comparisons to peers and industry standards and assessments of an insurer's operating plans, philosophy and management. It includes Financial Strength Ratings, Issuer Credit Ratings and Debt Ratings. The ratings for NCBIC are based on the company’s strong capitalization as measured by regulatory models and A.M. Best’s capital tools in addition to a historically stable operating profile.

Jamaica Public Service Company Ltd. (JPS) Signs Gas Agreement With New Fortress Energy Published: 20 August 2015

Jamaica’s energy company, JPS, announced that it has signed an agreement with New Fortress Energy for the supply of gas to Jamaica, after receiving approvals from the Jamaican Government and the Office of Utilities Regulation (OUR). Under the agreement, US-based New Fortress Energy will provide JPS with Liquefied Natural Gas (LNG) for its 120-megawatt power plant in Western Jamaica, at Bogue, Montego Bay. The plant, which was first commissioned into service in 2003, is being converted to run on gas instead of Automotive Diesel Oil (ADO). The signing of the gas supply agreement has set the stage for work to begin on the infrastructure needed for the delivery of gas to Bogue by early 2016.

New Fortress Energy is part of Fortress Investment Group, a highly diversified global asset firm with approximately US$72 billion assets under management, and, together with its affiliates, has a long history of owning and operating energy, transportation, infrastructureoriented assets throughout the world. New Fortress Energy supplies energy, logistical services, and financing to end-users seeking to convert their operating assets from diesel or heavy fuel oil to natural gas fuel use in order to reduce operating costs, increase equipment availability, and enhance their environmental stewardship.