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24 07, 2018

Special Advisory: JMMB Group Limited (JMMBGL)

2018-07-24T20:08:00-05:00

July 24, 2018 JMMB Group Limited (JMMBGL) has advised that pursuant to a resolution of the Board of Directors dated September 28, 2017, the Company proposes to voluntary delist all of its issued and outstanding ordinary shares (the “JMMBGL Shares”) from the BSE (the “Proposed Delisting”). The JMMBGL Shares will continue to be listed on

24 07, 2018

ROC reports a 213% increase in six month’s gross insurance premium revenue

2018-07-24T14:35:14-05:00

Date: July 24, 2018 IronRock Insurance Company Limited (ROC), for the six months ended June 30, 2018 posted gross premium of $282.12 million relative $173.35 million; this represents a 63% increase year over year. For the second quarter gross premium rose by 14% to total $127.10 million compared to $111.41 million. Change in gross provision

24 07, 2018

Overseas Headlines – July 24, 2018

2018-07-24T13:23:59-05:00

Date: July 24, 2018 United States: The U.S. Economy Deserves a Lot More Credit The U.S. economy is rolling along with far better prospects for solid growth than is widely realized, despite the many distractions that abound. This suggests that the path of least resistance for the equity market is higher, even if the rise is

23 07, 2018

Overseas Headlines- July 23, 2018

2018-07-23T12:20:03-05:00

Date: July 23, 2018  United States: U.S. 4% GDP Growth Seen More ‘Luck of the Draw’ Than New Reality The U.S. economy may have hit 4 percent growth in the second quarter, the fastest since 2014 and a feat President Donald Trump will tout as a sign of his success. It’s more like a winning

20 07, 2018

Dividend Consideration: Lasco Manufacturing Limited (LASM)

2018-07-20T19:31:54-05:00

July 20, 2018 Lasco Manufacturing Limited (LASM) has advised that a meeting of the Board of Directors is scheduled to be held on Friday July 27, 2018 to consider, and if thought fit, recommend the payment of an interim dividend to its shareholders.

20 07, 2018

LASD Reports 19% Net Profit Growth for the First Quarter

2018-07-20T15:06:33-05:00

Date: July 20, 2018 Lasco Distributors Limited (LASD), for the three months ended June 30, 2018, posted a 4% growth in revenues to $4.28 billion, up from $4.13 billion in the corresponding period in 2017. Cost of sales amounted to $3.41 billion relative to the $3.31 billion posted for the prior year. Gross profit also

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