Date: May 17, 2018 Jetcon Corporation Limited (JETCON), for the first quarter ended March 31, 2018 reported Revenue increased 18% to total $305.94 million, up $47.38 million from the $258.57 million recorded in the prior year. Costs of Sales amounted to $241.55 million, an increase of 18% compared to $204.87 million booked in the corresponding
Brent Oil Brent oil prices decreased by 3.67 % or US$2.84, as prices fell this week. Oil traded on May 17, 2018 at a price of $80.31 per barrel relative to US$77.47 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices increased week over week, by 1.80% (JMD$2.29).
Date: May 17, 2018 Jamaica Public Services Limited (JPS) has announced the appointment of Vernon Douglas to the position of Chief Financial Officer (CFO), effective April 30, 2018.
Date: May 17, 2018 Cable Bahamas Limited (CAB) has advised of the retirement of Mr. Anthony Butler, CEO, effective June 30, 2018. Mr. Franklyn Butler II has been appointed as the new Chief Executive Officer effective July 1, 2018.
Date: May 17, 2018 Eppley Limited (EPLY) has advised that Eppley Fund Managers Limited, Fortress Fund Managers Limited and Altman Real Estate have completed their agreement signed in January 2018, pursuant to which Eppley Fund Managers Limited has now assumed all investment management and advisory responsibilities for the Fortress Caribbean Property Fund Limited SCC. Following
Date: May 17, 2018 NCB Financial Group Limited (NCBFG) NCBFG has advised that on May 15, 2018, the Hearing Panel convened by the Trinidad & Tobago Securities and Exchange Commission (TTSEC) adjourned until further notice the Hearing into matters related to NCB Global Holdings Limited’s bid for control of Guardian Holdings Limited. NCB Global Holdings
Date: May 17, 2018 Caribbean Producers Jamaica Limited (CPJ) has also advised that Mr. Wayne “Tony” Soltau, Director of Supply Chain, has resigned effective May 15, 2018. Mr. Hugh Logan, Director of Institutional Sales, has been appointed to this position with immediate effect.
May 17, 2018 Click link below for detail News-Release-Hearing-into-matters-related-to-NCB-Global-Holdings-Limited-bid-for-control-of-Guardian-Holdings-Limited
May 17, 2018 Eppley Fund Managers Limited (“Eppley”), Fortress Fund Managers (“Fortress”) and Altman Real Estate (“Altman”) have completed their agreement signed in January 2018, pursuant to which Eppley has now assumed all investment management and advisory responsibilities for the Fortress Caribbean Property Fund Limited SCC. Following a special shareholders’ meeting held in February, the
Date: May 17, 2018 K.L.E. Group Limited (KLE), for the first three months ended March 31, 2018 reported Total Revenue of $51.38 million, a 4% increase when compared with the $49.40 million reported for the corresponding period of 2017. Gross Profit totaled $34.39 million, up 9% relative to the $33.88 million reported in 2017. This followed
