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Heinken Acquires Controlling Stake in D&G Published: 07 October 2015

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) – Resignation/Appointment of Executive Director Published: 06 October 2015

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.

National Commercial Bank Jamaica Limited (NCBJ) – Division Structural Change Published: 06 October 2015

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.

Dolphin Cove Limited (DCOVE) – Dividend Declaration Published: 01 October 2015

Dolphin Cove Limited (DCOVE) has advised that the Board of Directors declared the payment of an interim dividend of $0.15 per share, payable on October 29, 2015, to shareholders on record as at October 14, 2015. The ex-dividend date is October 12, 2015.