National Commercial Bank Jamaica Limited (NCBJ) has advised that Mr. Donovan Lewis has resigned as director of NCBJ, NCB (Cayman) Limited, NCB Capital Markets (Cayman) Limited and NCB Remittance Services (Cayman) Limited, effective January 1, 2011.
National Commercial Bank Jamaica Limited (NCBJ) has advised that Mr. Donovan Lewis has resigned as director of NCBJ, NCB (Cayman) Limited, NCB Capital Markets (Cayman) Limited and NCB Remittance Services (Cayman) Limited, effective January 1, 2011.
The Board of Directors of Lascelles, deMercado & Company Limited has declared an interim dividend of $5.50 per share and a special interim dividend of $5.50 per share, both payable on January 13, 2011 to ordinary stockholders on record as at January 3, 2011. The ex-dividend date is December 30, 2010.
Jamaica Broilers Group Ltd has advised that it considers immaterial (for purposes of disclosure, in accordance with the rules of the Jamaica Stock Exchange,) the borrowings from the IIC of US$2M approved by the IIC in August 2010 and disbursed to the Company in September 2010. The loan made by IIC to the Company is a working Capital loan facility and was obtained in the normal course of business. The latest loan of US$2M from the IIC takes the Company`s borrowings from the IIC back to the approximate US$7M level of the original loan approved in June 2009.
The Board of Directors of Kingston Wharves Limited has declared an interim dividend of $0.09 per share payable on January 7, 2011, to shareholders on record as at December 15, 2010. The ex-dividend date is December 13, 2010.
The Board of Directors of The Bank of Nova Scotia Jamaica Limited has declared a dividend of $0.0467 in respect of the Cumulative Redeemable Preference Shares. The dividend is payable on December 31, 2010 to shareholders on record as at December 10, 2010. The ex-dividend date is December 8, 2010.
Jamaica Money Market Brokers Limited (JMMB) will be making its monthly dividend payments of $0.03 per share and $0.0301146 per share on JMMB12% preference shares and JMMB12.25% preference shares, respectively, on December14, 2010. The record date for the dividend payments is November 30, 2010 and X-date is November 26, 2010.
According to the Planning Institute of Jamaica (PIOJ), the local economy contracted by 0.5% in the third quarter of the 2010 calendar year compared to the same period last year. This compares to the 1.7% contraction in the first half of the year.