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Carreras Declares Dividend Published: 07 February 2014

The Board of Directors of Carreras Limited has declared an interim dividend of $1.62 per share payable on March 13, 2014 to shareholders on record as at February 20, 2014. The ex-dividend date is February 18, 2014.

Jamaica Broilers Dividend Consideration Published: 07 February 2014

The Board of Directors of Jamaica Broilers Group Limited will consider the declaration of a dividend at a meeting to be held on Wednesday, February 26, 2014.

Medical Disposables & Supplies Post IPO Initiatives Published: 07 February 2014

Medical Disposables & Supplies Limited (MDS) has advised that it has established a distribution agreement with Denk Pharma. Denk Pharma is a premium Pharmaceutical manufacturer with its headquarters in Munchen, Germany since 1948. Denk has maintained a presence in Jamaica for 16 years and has appointed MDS as a co-distributor for its entire product range islandwide.

H&L Change in Management Published: 07 February 2014

Hardware & Lumber Limited (HL) has advised that Mrs. Annette Morrison, Human Resource Business Partner for HL, has been reassigned to GraceKennedy Limited
(GK) to take up the position of Talent Manager at GK with effect from February 3, 2014. Mrs. Morrison will be replaced by Mrs. Tanya Martin in the capacity of HR Manager effective January 2, 2014.

Cargo Handlers Declares Dividend Published: 06 February 2014

The Board of Directors of Cargo Handlers Limited has declared a dividend of 50 cents per share payable on March 6, 2014 to shareholders on record as at February 18, 2014. The ex-dividend date is February 14, 2014.

Caribbean Producers Joint Venture with Du Boulay Bottling Company Published: 06 February 2014

The Board of Directors of Caribbean Producers (Jamaica) Limited has advised that it signed a Shareholders’ Agreement on February 4th, 2014 to form a joint venture with the Du Boulay Bottling Company, the Coca Cola manufacturer operating in Castries, St. Lucia. The new company will be called CPJ St. Lucia Ltd. and commences operations as a foodservice distributor in Castries, St. Lucia in the near future. Caribbean Producers (Jamaica) Limited will retain controlling interest of this company.

FCIB to Delist from JSE Published: 06 February 2014

First Caribbean International Bank (FCIB) will be delisting from the Jamaica Stock Exchange (JSE). The Bank was notified by the JSE in October that it was in breach of rule 402B (i)(b) of the JSE Rules. This means that the that FCIB's proportion of the listed ordinary shares held by persons other than the majority shareholder fell below the 20% of the listed ordinary shares as well as the average total traded volume for the 36 month period prior to the notice from the JSE was below 2%. After revision, the Bank has determined that it will not be feasible to raise these metrics to the minimum required by the JSE rules. As a consequence FCIB has decided that it will accept that it will be delisted by the JSE. FCIB will thereafter will advise shareholders of special arrangements to facilitate continued trading of their shares on the Barbados Stock Exchange.

 

 

Sagicor Group Jamaica to Acquire RBC's Jamaican Banking Operations Published: 03 February 2014

Sagicor Group Jamaica has announced that the company will b e acquiring RBC Royal Bank (Jamaica) Ltd and RBTT Securities Jamaica Ltd from Royal Bank of Canada. The acquisition, subject to all regulatory approvals, is expected to be finalized in the coming months. Financial terms of the transaction were not disclosed.