Kingston Wharves Limited (KW) has advised that a connected party sold 14,000 KW shares on May 17, 2018.

Caribbean Producers Jamaica Limited (CPJ) has advised that the Board has approved the proposal to invest in the further expansion of the company’s distribution capacity through a build-out of a multipurpose warehouse being currently constructed in Montego Freeport, on a proposed leased property. This proposed investment of US$ 2.5 million will allow the company to improve efficiency of its cold chain as well as to handle the anticipated growth in sales.

PanJam Investment Limited (PJAM) has advised that a connected party purchased 800,000 PJAM shares on May 22, 2018.

Jamaican Teas Limited (JAMT) has advised that at a Board of Directors’ meeting scheduled for June 6, 2018 an interim dividend payment will be considered.

Salada Foods Jamaica Limited (SALF) has advised that their Board of Directors at a meeting held on May 17, 2018, declared on interim dividend of $0.50 per share unit, payable on June 18, 2018, to shareholders on record as at June 1, 2018. The ex-dividend date is May 31, 2018.

CAC 2000 Limited (CAC) has advised that their Board of Directors will be considering whether or not to make a dividend payment to the Company’s shareholders at the next Board Meeting scheduled to take place on May 30, 2018, at 231 Marcus Garvey Drive, Kingston 11.

138 Student Living Jamaica Limited (138SL) has advised that the submission of their Second Quarterly Financial Statements for the period ending March 31, 2018 has been delayed and will be submitted on or before Tuesday, May 29, 2018.

Berger Paints Jamaica Limited (BRG) has advised that at their  annual meeting of the Company, held on May 10, 2018, resolutions were passed:

• Elect the following directors:
  • Mr. Ray A. Samairsingh
  • Mr. Aneal Maharaj
  • Mr. Andy Mahadeo
  • Mr. Adam Sabga
• Chairman:
  • Mr. Ray A. Samairsingh, retired as Chairman
  • Mr. Adam Sabga, appointed Chairman
• Reappointments:
  • Mr. Warren McDonald, the Hon. Michael Fennel and Mr. Milton Samuda submitted their resignations but were reappointed as directors under Article 102 of Schedule A of the Articles of Incorporation of the Company.

Supreme Ventures Limited (SVL) has advised that Mr. Richard Foreman, Director, has resigned his directorship, effective April 15, 2018. 

GraceKennedy Ltd (GK) has advised that Dr Cassida Jones, Chief Human Resources Officer, and member of their Executive Committee will retire from GraceKennedy on April 30, 2018.

GK further states that Mrs. Naomi Holness, who is currently the Senior HR Business Partner for Grace Foods – Domestic, will be acting in the role. Mrs. Holness has over 20 years experience in Human Resource Management and joined GraceKennedy in 2004, GK advised.