Today marks the third competitive price auction of the 30-day certificate of deposits (CD’s) to primary dealers and deposit taking institutions (DTIs). This as on June 27, 2017, the Bank of Jamaica (BOJ) announced that 30-day CD’s will be issued in fixed volumes by competitive multiple-price auctions. This announcement came on the heels on the
Scotia Investments Jamaica Limited (SIJL) has advised that an Extraordinary General Meeting has been scheduled for 2:00 p.m. on August 30, 2017 at the Jamaica Pegasus Hotel, 81 Knutsford Boulevard, Kingston 5, at which stockholders will be asked to consider and if thought fit, pass the following resolution: "That pursuant to, and in accordance with,
Supreme Ventures Limited (SVL) has advised that Mrs. Ann-Dawn Young Sang has been appointed President and Chief Executive Officer effective October 2, 2017.
Cargo Handlers Limited (CHL) has declared an interim dividend of $0.11 per share payable on September 8, 2017 to shareholders on record as at August 18, 2017. The ex-dividend date is August 16, 2017.
Honey Bun (1982) Limited (HONBUN) For the Nine Months Ended June 30, 2017: Revenue grew by 7% amounting to $969.42 million, up from $903.45 million reported a year ago. The Company had a 13% increase in Cost of Sales to $550.16 million and consequently, Gross Profit increased by 1% or $3.08 million year-to-date to $419.26
Cargo Handlers Limited (CHL) for the nine months ended June 30, 2017 reported revenues of $255.44 million, 9% higher than the $234.37 million booked in 2016. However, revenue for the quarter contracted 9% to $73.83 million relative to $81.07 million documented for the corresponding quarter of 2016. The company noted, “this result was due in part
Europe: Drop in German trade activity feeds into global stimulus debate German trade activity slowed abruptly in June, adding to signs that demand in leading economies may be starting to flag just as central banks consider scaling back years of stimulus. Exports from Europe's biggest economy fell by 2.8 percent, the biggest drop since August
NCBCM received a total of 388 applications valued at approximately J$2,580,000,000. The Company’s Prospectus offered J$ Preference Shares valued at J$2,580,000,000. Based on the foregoing the Offer was fully subscribed as such, each applicant will receive full allocation.
NCB Capital Markets Limited (NCBCM) NCBCM, co-arranger and lead broker to Productive Business Solution Limited (“PBS”) (the “Company”) in its recent invitation to the public made subject to a prospectus dated June 22, 2017 (the “Invitation” and the “Prospectus” as the case may be), to subscribe for J$ Preference Shares of the Company (the “Shares”),
Scotia Group Jamaica Limited (SGJ) has advised that Mrs. Audrey Tugwell Henry has been appointed to the position of Executive Vice President, Retail Banking effective September 4, 2017.
