Date: December 24, 2018 Cargo Handlers Limited (CHL) for the year ended September 30, 2018 reported revenues of $355.74 million, 11% higher than the $320.83 million booked in 2017. Revenues for the quarter amounted to $75.63 million, 16% higher than the $65.39 million reported for the same quarter in 2017. The Company booked a gain
December 21, 2018 Jamaican Teas Limited (JAMT) has advised that on December 18, 2018, Jamaican Teas Ltd.’s subsidiary company, JRG Shoppers Delite Enterprise Ltd (JRG), signed a sale and purchase agreement with an associated company, Bay City Foods Ltd (BCF) to sell to BCF the assets and undertaking comprising JRG’s Shoppers Delite supermarket business for
December 21, 2018 Supreme Ventures Limited (SVL) has advised of the following appointments: Xesus Johnston as the Senior Vice President-Gaming Operations, and will be joining the team on January 2, 2019. He will be responsible for the overall management of the Company’s gaming operations, which includes managing, designing and overseeing the strategy, daily operations, growth
December 21, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:
December 20, 2018 Bank of Jamaica announces its decision to lower the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) by 25 basis points to 1.75 per cent. Inflation This decision reflects the Bank’s most recent assessment that inflation could now fall below the lower limit of the 4.0
December 20, 2018 Supreme Ventures Limited (SVL) has advised that Supreme Ventures Guyana Holdings/Supreme Ventures Enterprise successfully launched its operations with the opening of its Super Store on Croal Street, Georgetown, Guyana. The operations include horse-racing and simulcast promotion, as well as pari-mutuel pool operations. Patrons were able to successfully see the full race at
December 20, 2018 NCB Financial Group Limited (NCBFG) has advised that on December 18, 2018 that the revised offer and take-over bid will in fact be made at an enhanced price of US$2.79 per share and will be made for up to 62% of the outstanding shares in GHL. The announcement indicated an expectation that
December 20, 2018 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 81,235 MJE shares and that a connected party sold 1,056,996 MJE shares. These transactions were conducted on December 12, 2018.
December 20, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:
December 19, 2018 NCB Financial Group Limited (NCBFG) has advised that on November 16, 2018, the Trinidad and Tobago Securities and Exchange Commission (TTSEC) announced that NCB Global Holdings Limited (NCBGH), a wholly-owned subsidiary of NCBFG, had agreed to make a revised offer and take-over bid for up to a minimum of 51.85% of the
