NCB Financial Group (NCBFG) has advise that Mr. Warrick Ward, Chief Executive Officer and Director of NCB Capital Markets (Barbados) Limited, demitted office on September 29, 2017.
NCBFG further advised that Mr. Angus Young, CEO of NCB Global Finance Limited and Director of NCB Capital Markets (Barbados) Limited (NCBCMBL), will have oversight of NCBCMBL for the time being.
The Palace Amusement Co. (1921) Limited (PAL) Annual General Meeting will be held at the Registered Office of the Company, 1A South Camp Road, Kingston, CSO, on Tuesday, December 12, 2017, at 2:00 p.m.
Jamaica Broilers Group Limited (JBG) has advised that it has acquired a second hatchery Assets in the United States, which is expected to grow its hatching capacity by 40 per cent.
The Company advised that the acquisition was finalized on October 4, 2017, and that under the terms of the transaction, the purchase price is to remain confidential. “Given the acquisition cost, the Company does not consider the release of details of the acquisition to be material or required under the terms of Appendix 3, 4 (d) of the JSE Rules,” stated JBG.
JBG also advised that the new facility will be renamed “International Poultry Breeders Hatcheries, Inc”. It had operated as Bell & Evans Hatchery, in Big Valley, Pennsylvania. The acquisition will enable the group to access a larger company base, reduce any bio-security risk factors faced by its customers and lower delivery mileage, the Company said.
Knutsford Express Services Limited (KEX) Annual General Meeting will be held at 1310 Providence Drive, Ironshore, Whitesands Beach, Montego Bay, on Wednesday, October 25, 2017, at 10:30 a.m.
Paramount Trading (Jamaica) Limited (PTL) Annual General Meeting will be held on Saturday, November 4, 2017, at The Knutsford Court Hotel, 16 Chelsea Avenue, Kingston 5 at 10:00 a.m.
Seprod Limited (SEP) has advised that Mrs. Glenise Freckleton has joined their Executive Management as the Group Strategy and Planning Manager, effective October 2, 2017.
KLE Group Limited (KLE) Annual General Meeting will be held at Tracks and Records, Unit 8, 67 Constant Spring Road, Kingston 10, St. Andrew on Tuesday, October 24, 2017, at 8:00 a.m.
The JMMB Group Ltd (JMMBGL) has advised that Ms. Patricia Kaye Aarons has been appointed to the Board of Directors of JMMBGL effective September 28, 2017.
Proven Investments Limited (ProvenJA) has advised that at a Board of Directors’ meeting scheduled for November 2, 2017 an interim dividend payment will be considered for both ordinary and preference shareholders.
Scotia Investment Jamaica Limited (‘the Company”) has announced that the Supreme Court of Jamaica has approved and sanctioned the Scheme of Arrangement pursuant to which stock units in the Company (other than those held by Scotia Group Jamaica Limited) will be cancelled in consideration for cash payments J$38.00 per stock unit (payable to stockholders in Jamaica currency or, at their election, in United States currency but in United States currency only in the case of stockholders whose stock units are cross-listed on the Trinidad and Tobago Stock Exchange). T