K.L.E. Group Limited (KLE) has advised that T&R Restaurants Limited (trading as FranJam), which is an affiliate company of KLE Group Limited, has signed its first overseas franchise agreement. The deal was struck with a UK company to operate fifteen (15) Tracks & Records Jamaican themed restaurants in the United Kingdom. The development of each
JMMB Group Limited (JMMBGL) has advised that effective August 14, 2017, JMMB Merchant Bank Limited, a subsidiary of JMMB Group Limited, is now a licensed commercial bank operating as JMMB Bank (Jamaica) Limited.
Jetcon Corporation Limited (JETCON) has advised that a connected party purchased a total of 221,000 JETCON shares on August 9, 2017.
Sagicor Real Estate X Fund Limited (XFUND) has advised that a Director purchased 8,805 XFUND shares on August 8, 2017.
Sagicor Group Jamaica Limited (SJ) has advised that a related party purchased 4,994,841 SJ shares and that another related party sold 5,000,000 SJ shares. These transactions were conducted on August 11, 2017.
Scotia Group Jamaica Limited (SGJ) has advised that two Senior Officers sold a total of 6,690 SGJ shares on August 3, 2017.
tTech Limited (TTECH) has declared an interim dividend of $0.04 per share payable on September 27, 2017 to shareholders on record as at September 6, 2017. The ex-dividend date is September 4, 2017.
Supreme Ventures Limited (SVL) reported a 23.5% in revenues from $27.37 billion for the 2017 period, up from $22.15 billion in 2016. While for the second quarter revenues totaled $13.98 million relative to $10.96 million in 2016. Revenues from the company’s segments were as follows: Lottery - $20.22 billion (2016:$17.41 billion), a 16.1% increase. According
Radio Jamaica Limited (RJR) For the three months ended June 30, 2017 Revenue for the first quarter of 2017 declined by 6.84% from $1.31 billion in 2016 to $1.22 billion. Direct expenses increased by 1.37% to $635.52 million in 2017 (2016:$626.92 million). The company stated that this was due to “increased fees associated with expanding
Cable & Wireless Jamaica Limited (CWJ) for the six months ended June 31, 2017 reported an 11% increase in revenue to $13.21 billion relative to $11.85 billion in 2016. The Managing Director, Stephen Price, attributed the improvement to an, “increase in Mobile revenues by 22% year-on-year on a rebased basis. As more subscribers join our
