Montego Bay Ice Company Limited (MBICE) has advised that the following Special Resolution was passed at its Annual General Meeting held on June 24, 2015: "THAT the company takes the necessary regulatory steps to be delisted as a public company pursuant to and in agreement with the Rules of the Jamaica Stock Exchange".
Proven Investments Limited (PROVEN) has advised that on December 12, 2016 it entered into an Agreement for Sale and Purchase of Shares to acquire 100% of the common equity of Bank of Saint Lucia International Limited (BOSIL) from East Caribbean Financial Holding Company Limited for an undisclosed consideration. The proposed acquisition by PROVEN is subject
Mayberry Investments Limited (MIL) has advised that a connected party purchased 12,000 MIL shares during the period December 12 to 13, 2016.
Sagicor Group Jamaica Limited (SJ) has advised that on December 12, 2016 an Executive bought 264,679 SJ shares while another Executive bought and sold 272,583 SJ shares. SJ further advised that a related party purchased a total of 320,269 SJ shares during the period December 8 to 12, 2016.
Margaritaville (Turks) Limited (MTL) has advised that a connected party to a director sold 9,500,000 MTL shares during the period December 5 to 7, 2016.
U.S.:Dollar dips before Fed rate decisionThe dollar inched down on Wednesday in the run-in to the Federal Reserve's policy statement later in the day, with an almost 1 percent fall this week showing minimal expectations the Fed will ramp up its forecasts for future rises in interest rates. The Fed is seen as all but
Proven Investments Limited (PROVEN) has advised that its 8% Cumulative Redeemable Preference Shares will mature on December 23, 2016 and will be redeemed at a price of J$5.00 per unit.
General Accident Insurance Company Limited (GENAC) traded at its 52-week high of $3.25.
Jetcon Corporation Limited (JETCON) has advised that a connected party purchased a total of 50,000 JETCON shares during the period December 6 to 9, 2016.
National Commercial Bank Jamaica Limited (NCBJ) has advised that a connected party sold 107,069 NCBJ shares on December 8, 2016.