Kingston Properties Limited (KPREIT) has advised that on May 23, 2018, KPREIT completed a further advance on an existing loan facility with Terrabank, N.A. in Florida, and that the sum of the advance was USD800,000.00, which will be used for acquisition of new properties.

KPREIT further advised that the Company closed on the sale of a condo unit at the Loft II in Downtown Miami and is in negotiations for the sale of two other units in that building.  KPREIT states that the units were acquired in June 2010 as part of their initial foray into the US market.

Key Insurance Company Limited (KEY) has advised that upon the recommendation of the KEY Audit Committee, the Board of Directors passed a resolution via round robin on 21 May 2018 for the declaration of a dividend of $0.029 per stock unit out of earnings for the year ended 31 December 2017 to shareholders on record as at 4 June 2018, payable 20 July 2018. Ex-date June 1, 2018

Kingston Wharves Limited (KW) has advised that a connected party sold 14,000 KW shares on May 17, 2018.

Caribbean Producers Jamaica Limited (CPJ) has advised that the Board has approved the proposal to invest in the further expansion of the company’s distribution capacity through a build-out of a multipurpose warehouse being currently constructed in Montego Freeport, on a proposed leased property. This proposed investment of US$ 2.5 million will allow the company to improve efficiency of its cold chain as well as to handle the anticipated growth in sales.

PanJam Investment Limited (PJAM) has advised that a connected party purchased 800,000 PJAM shares on May 22, 2018.

Jamaican Teas Limited (JAMT) has advised that at a Board of Directors’ meeting scheduled for June 6, 2018 an interim dividend payment will be considered.

Salada Foods Jamaica Limited (SALF) has advised that their Board of Directors at a meeting held on May 17, 2018, declared on interim dividend of $0.50 per share unit, payable on June 18, 2018, to shareholders on record as at June 1, 2018. The ex-dividend date is May 31, 2018.

CAC 2000 Limited (CAC) has advised that their Board of Directors will be considering whether or not to make a dividend payment to the Company’s shareholders at the next Board Meeting scheduled to take place on May 30, 2018, at 231 Marcus Garvey Drive, Kingston 11.

138 Student Living Jamaica Limited (138SL) has advised that the submission of their Second Quarterly Financial Statements for the period ending March 31, 2018 has been delayed and will be submitted on or before Tuesday, May 29, 2018.

Berger Paints Jamaica Limited (BRG) has advised that at their  annual meeting of the Company, held on May 10, 2018, resolutions were passed:

• Elect the following directors:
  • Mr. Ray A. Samairsingh
  • Mr. Aneal Maharaj
  • Mr. Andy Mahadeo
  • Mr. Adam Sabga
• Chairman:
  • Mr. Ray A. Samairsingh, retired as Chairman
  • Mr. Adam Sabga, appointed Chairman
• Reappointments:
  • Mr. Warren McDonald, the Hon. Michael Fennel and Mr. Milton Samuda submitted their resignations but were reappointed as directors under Article 102 of Schedule A of the Articles of Incorporation of the Company.