May 16, 2019 JMMB Group Limited (JMMBGL) has announced that it has committed to investing a minimum of US$200 million in Alignvest Acquisition ll Corporation (AQY), which is a publicly-traded Special Purpose Acquisition Corporation that is listed on the Toronto Stock Exchange. AQY is currently set to acquire 100% of the ordinary shares of
Date: May 15, 2019 Dolphin Cove (DCOVE) for the three months ended March 31, 2019 reported total revenue of US$3.89 million, a 3% increase when compared to US$3.79 million booked the year prior. Revenue from Dolphin Attraction contributed US$2.20 million to total revenue; this represents a 2% decline when compared to the US$2.24 million reported in
Date: May 15, 2019 Caribbean Flavours and Fragrances (CFF) revenues increased by 27% to $112.58 million relative to $88.72 million for the comparable period in 2018. CFF stated that, “the Company’s positive growth was driven by a combination of strategies implemented both in the local and overseas market. CFF expects this trend to continue based
Date: May 15, 2019 Jamaican Teas Limited (JAMT) reported a 24% decline in revenues to total $692.45 million (2018: $906.02 million). For the quarter, revenues amounted to $314.22 million compared to $449.87 million in the previous corresponding period. Management stated that, “this was primarily due to increased domestic sales. Export sales improved slightly in the
Date: May 15, 2019 Berger Paints Jamaica Limited (BRG) for the ended March 31, 2018 reported total Revenues of $498.07 million, a 2% decline relative to $506.10 million reported in for the comparable period in 2018. The company noted this is attributable to “ an increase in fiscal management of receivables and tightening of trade
May 15, 2019 Salada Foods Jamaica Limited (SALF) has advised that the Board of Directors, at a meeting held on May 13, 2019, considered and declared an interim dividend of $0.45 per stock unit payable on June 14, 2019 to shareholders on record as at Friday, May 31, 2019. The ex-dividend date is May
May 15, 2019 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 17,550 MJE shares on May 13, 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,
May 15, 2019 Supreme Ventures Limited (SVL) has advised that three connected parties sold a total of 137,234 SVL shares during the period May 10 to 13, 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
May 15, 2019 Elite Diagnostic Limited (ELITE) for the nine months ended March 31, 2019 booked a 32% increase in revenue to total $289.25 million compared to $219.91 million for the same period in 2018. Revenue for the 3rd quarter rose by 37% to $107.01 million (2018: $78.24 million). Management noted, “the increase for the 3rd quarter
Date: May 15, 2019 PanJam Investments Limited (PJAM) for the three months ended March 31, 2019, reported a 12% increase in total income to total $583.08 million relative to $522.88 million booked for the prior year’s corresponding period. Of total income: Other income declined 1% from $32.23 million to $32.03 million. Investments went up grossly
