SJ advised that a connected party purchased a total of 304,099 SJ shares and that an Executive and a connected party sold a total of 244,000 SJ shares. These transactions were conducted during the period August 30 to September 4, 2017.
The motion to subdivide the existing ordinary shares into 10 was approved by the majority of Carreras' shareholders, however not without objections by a few shareholders and a discussion regarding the matter. Management indicated that the main objective of the stock split was to improve the liquidity of the stock. Additionally, motions confirming the board,
Sweet River Abattoir & Supplies Company Limited (SRA) has advised of a delay in the submission of its Annual Report 2017 and anticipates that the report will be submitted on Friday, September 15, 2017.
Supreme Ventures Limited (SVL)has advised that the Company signed the deal with the Government of Jamaica for the acquisition of the operations of Caymanas Track Limited (CTL) on Friday, February 10, 2017. SVL submitted its bid in September 2015, and was approved as the preferred bidder on March 15, 2016. Supreme Ventures’ tenure as the
Scotia Group Jamaica Limited (SGJ) has advised that Mrs. Jacqueline Sharpe, President and Chief Executive Officer and Head of Caribbean Central and North, has resigned effective October 31, 2017. Mr. David Noel, currently Deputy CEO, will replace Mrs. Sharp as her successor effective November 1, 2017.
Berger Paints Jamaica Limited (BRG) has announced that it had received an Offer Document from Ansa Coatings International Limited addressed to all shareholders of BRG offering to purchase all of their shares in BRG. The Offer opens on September 7, 2017 and closes on September 28, 2017 unless the closing date is extended by notice.
Caribbean Producers Jamaica Limited (CPJ) has advised that a connected party sold a total of 6,000 CPJ shares during the period August 31 to September 4, 2017. CPJ further advised that a connected party purchased 10,035,000 CPJ shares on September 4, 2017.
SGJ has advised that at a Board of Directors’ meeting scheduled for September 13, 2017 a dividend payment will be considered.
Jamaica Broilers Group (JBG) has advised that at a Board of Directors’ meeting scheduled for September 27, 2017 a dividend payment will be considered.
GraceKennedy Limited (GK) has advised that a Senior Manager sold 5,000 GK shares on August 31, 2017.
