Date: September 11, 2019 Barita Investments Limited (BIL) has advised that the Company will be exercising its right (pursuant to Circular Letter dated August 19, 2019) to “upsize” the Rights Issue (the subject of the Circular Letter) by offering up to 38,948,652 additional New Ordinary Shares to shareholders of the Company (i.e. up to 50%
Date: September 11, 2019 Jetcon Corporation Limited (JETCON) has advised that a connected party purchased 150,000 JETCON shares on September 5, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or
Date: September 11, 2019 Derrimon Trading Limited, continued on the path of diversification, debt restructuring and strengthening of revenue sources during the 2018 financial year. The Group reported revenues of $9.30 billion versus $6.72 billion in 2017. Chairman and Chief Executive Officer, Derrick Cotterell, indicated that, “this outcome was positively influenced by the growth in
Date: September 11, 2019 General Accident had another year of success as Chairman, Paul B. Scott, stated, this year was, “one that delivered strong results and successfully combined profitability and solvency.” GENAC produced a commendable performance for the year ended December 31, 2018, improving net profit by 33% from $221.24 million to $295.33 million in
Date: September 10, 2019 Stanley Motta Limited, after listing in July 2018, has had an incredible year, with a 100% occupancy rate and final valuation on the occupied properties. The Company’s revenue increased to $269.76 million compared to $72.26 million in the previous year. Chairman and Chief Executive Officer, Melanie Subratie, at the Company’s 1st
Date: September 10, 2019 Eppley Limited has completed its first full five years as a public company and Chairman, P.B. Scott stated that “in no year since our listing has our return on equity been less than 10%.” The Company has grown considerably since its listing as, Eppley’s net profit was $15 million. In addition,
Date: September 10, 2019 The Limner and Bards Limited (LAB), for the nine months ended July 31, 2019, reported a 24% increase revenues to $486.28 million versus $391.28 million booked in 2018. Revenues for the quarter rose by 16% to $151.80 million (2018: $130.64 million). Management noted, “The revenue growth is attributable to increases in
Date: September 09, 2019 Seprod yielded a commendable performance for the year ended December 31, 2018, reinforcing the Group’s firm footing to continue on its growth agenda. Revenues increased to $23.55 billion compared to $16.50 billion the prior year, a 43% increase. Moreover, profit was up 64% from $648 million to $1.4 billion in 2018.
September 9, 2019 KEY Insurance Company Limited (KEY) has advised that Peter Thompson has been appointed Chairman of the Loans & Investments Committee effective August 28, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that
September 9, 2019 Sagicor Group Jamaica Limited (SJ) has advised that the Financial Services Commission (FSC) has advised of its non-objection to the acquisition of the shares in Advantage General Insurance Company Limited by Sagicor Investments Jamaica Limited (as to 60%), Fundy Bay Equity Holdings Limited (34%) and Resource in Motion Limited (6%). SJ has
