January 21, 2020 GraceKennedy Limited (GK) has advised that the Company has acquired 15% interest in Key Insurance Company Limited (KEY). GK further state that it intends to make a cash offer to purchase 100% of the issued share capital of Key at a price of $2.01 per share. The Offer will open for acceptance
Date: January 20, 2020 Supreme Ventures Group Limited (SVL) has advised that its wholly owned subsidiary, Bingo Investments Limited (Bingo), has completed the acquisition of the assets of Champion Gaming Limited. SVL has also advised of the following appointments to the Board of Directors of Bingo: Damian Chin-You, Director of SVL who will serve as
Date: January 20, 2020 Mayberry Investments Limited (MIL) has advised that Mr. Wayne Campbell has resigned from his post as Financial Controller effective December 24, 2019 and that Mr. Rakar Williams assumed the role effective December 24, 2019. MIL has also advised that Mrs. Andrea Whittaker has been appointed Chief Operating Officer effective January 6,
January 20, 2020 Weekly Picks 20.01.20 LASM Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be,
Date: January 17, 2020 Pulse Investments Limited (PULS) has declared a dividend of 2 (two) cents per share payable on March 10, 2020 to shareholders on record as at February 4, 2020. The ex- dividend date will be February 3, 2020 Analyst Certification -The views expressed in this research report accurately reflect the personal views of
Date: January 17, 2020 NCB Financial Group Limited (NCBFG) has advised that Mr. Raymond Donaldson will join the senior management team of National Commercial Bank Jamaica on April 1, 2020 as General Manager, Corporate and Commercial Banking. For further information, please visit www.jamstockex.com Analyst Certification -The views expressed in this research report accurately reflect the personal
Date: January 17, 2020 GraceKennedy Limited (GK) has advised that on January 13, 2020 a total of 265,275 stock units were acquired by two Directors and a Senior Manager of the Company, pursuant to the exercise of stock options under the Company’s Long Term Incentive Scheme. Analyst Certification -The views expressed in this research report accurately
Date: January 16, 2020 Jamaican Teas Limited (JAMT) has advised that at a Board meeting held on January 14, 2020, the Directors of JAMT approved the following: “That at the next Annual Meeting of the shareholders of Jamaican Teas Limited the following Resolutions should be considered as Special Business: Resolution to Increase THAT the existing
Date: January 16, 2020 Portland JSX Limited (PJX) has advised that the Company has completed its Investment phase and looks forward to accelerating growth of profit and shareholder value in 2020 and beyond. For further information, please visit www.jamstockex.com Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry
Date: January 15, 2020 Portland JSX Limited (PJX), for the nine months ended November 30, 2019, net gain on financial assets classified as at fair value through profit and loss amounted to US$1.94 million compared to a loss of US$551,463 in 2018. PJX recorded net gain on financial assets classified as at fair value through
