Jamaica’s energy company, JPS, announced that it has signed an agreement with New Fortress Energy for the supply of gas to Jamaica, after receiving approvals from the Jamaican Government and the Office of Utilities Regulation (OUR). Under the agreement, US-based New Fortress Energy will provide JPS with Liquefied Natural Gas (LNG) for its 120-megawatt power plant in Western Jamaica, at Bogue, Montego Bay. The plant, which was first commissioned into service in 2003, is being converted to run on gas instead of Automotive Diesel Oil (ADO). The signing of the gas supply agreement has set the stage for work to begin on the infrastructure needed for the delivery of gas to Bogue by early 2016.

New Fortress Energy is part of Fortress Investment Group, a highly diversified global asset firm with approximately US$72 billion assets under management, and, together with its affiliates, has a long history of owning and operating energy, transportation, infrastructureoriented assets throughout the world. New Fortress Energy supplies energy, logistical services, and financing to end-users seeking to convert their operating assets from diesel or heavy fuel oil to natural gas fuel use in order to reduce operating costs, increase equipment availability, and enhance their environmental stewardship.

Pan-Jamaican Investment Trust Limited (PJAM) has advised that the Board of Directors will hold a meeting on August 14, 2015 to consider a dividend payment for the quarter September 2015.

Sterling Investments Limited (SIL) has advised that the Board of Directors declared the payment of a dividend of US$0.001557 per share unit, payable on September 4, 2015 to shareholders on record as at August 18, 2015. The ex-dividend date is August 14, 2015.

Supreme Ventures Limited (SVL) has advised that Mr. Nicholas Moutett, Director has resigned his directorship effective August 4, 2015 and that the Board of Directors has appointed Mr. Robert Nader to fill the casual vacancy until the next Annual General Meeting.