Kingston Properties Limited has advised that it has signed a definitive agreement with Henkel Jamaica Limited to purchase the properties located at 36-38 Red Hills Road, near the intersection of Eastwood Park Road and Red Hills Road.

The property consists of 47,865 square feet of office and warehouse space across multiple buildings. Henkel Jamaica has also agreed to lease roughly 46% of the space with the primary balance of the remaining space rented to strong local and international corporate tenants. For competitive reasons, the price is withheld until the close of the transaction which Kingston Properties expects to be by the end of July, 2011.

The Board of Directors of the Jamaica Stock Exchange has approved a quarterly dividend of 7.61% per annum on the Redeemable Variable Rate Preference Shares for the period March 1, 2011 to May 31, 2011 in the amount of J$0.038 per share payable on June 8, 2011to shareholders on record as at June 3, 2011. The ex-dividend date is June 1, 2011.

The Board of Directors of First Caribbean International Bank Limited (FCIB) has declared an interim dividend of US$0.03 per share payable on June 30, 2011 to shareholders on record as at June 08, 2011. The ex-dividend date is June 6, 2011. FCIB has released its unaudited results for the second quarter ended April 30, 2011.

Guardian Holdings Limited (GHL) and its minority shareholding partners have agreed to sell their Lloyd`s of London business, Jubilee Group Holdings Limited (JGHL), to Ryan Specialty Group for a total consideration of £35 million. The transaction values the business at 2.33 times book value, placing a premium on the business which exceeds comparable recent Lloyd`s of London acquisitions.

The Board of Directors of Pan Caribbean Financial Services Limited (PCFS) has declared a second quarterly preference share dividend for the year 2011 in the amount of $6.30 per share payable on June 17, 2011 to shareholders on record as at June 8, 2011. The ex-dividend date is June 6, 2011. PCFS has advised that members of its senior management team have been issued stock grants totaling 1,353,831 ordinary shares.

The Board of Directors of Carreras Limited has declared an interim dividend of $1.50 per share payable on June 23, 2011, to shareholders on record as at June 2, 2011. The ex-dividend date is May 31, 2011.

The Board of Directors of Pan-Jamaican Investment Trust Limited has declared a second interim dividend for the year 2011 of $0.32 payable on June 24, 2011 to shareholders on record as at May 30, 2011. The ex-dividend date is May 26, 2011. The Board of Directors of First Jamaica Investments Limited has declared a second interim dividend for the year 2011 of $0.30 payable on June 17, 2011 to shareholders on record as at May 30, 2011. The ex-dividend date is May 26, 2011.

Supreme Ventures Limited (SVL) has announced a new contractual agreement with INTRALOT, which through its subsidiary INTRALOT Caribbean Ventures Limited will participate in SVL`s wholly-owned subsidiary Prime Sports (Jamaica) Limited Gaming Lounge operations. The contract, initially for 10 years, includes automatic renewal for 5-year successive periods. Prime Sports operates the Acropolis Gaming Lounge in Barbican, Kingston, Portmore and May Pen and the Coral Cliff Gaming Lounge in Montego Bay. Brian George, President & CEO of SVL said `INTRALOT will provide Video Lottery Terminals (slot machines) to upgrade the gaming floors at SVL`s lounges. The contract also includes the provision of a state-of-the-art electronic monitoring system for the machines and training support for the technical staff of the gaming lounges`.

At a meeting of the Board of Directors of First Caribbean International Bank Limited (FCIB) held on May 11, 2011, the Board of Directors accepted the resignation of Mr. John Orr as Chief Executive Officer (CEO) effective September 11, 2011. Mr. Orr will be returning to a senior executive position at CIBC in Toronto. At the said meeting, the Board appointed a senior CIBC Executive, Mr. Douglas "Rik" Parkhill, as the new CEO of FCIB, effective September 12, 2011 subject to regulatory and government approvals.

Desnoes & Geddes Limited has advised that Mr. Al Barnes, Managing Director of Red Stripe, has announced his resignation. He will officially demit office on June 30th, 2011.