Asia: China to set up system to monitor its firms overseas China’s state planner issued guidelines on Tuesday for monitoring the overseas activities of Chinese firms and individuals to prevent tax fraud, money laundering, illegal financing, and activities damaging to the country’s reputation. In a statement on its website, the National Development and Reform Commission
The Bank of Jamaica (BoJ) Review of Economic Performance July - September 2017 For the review period July – to September 2017, the Bank of Jamaica (BOJ) indicated that, “due to no small part to the successful implementation of the strenuous economic reforms of the recent years, Jamaica has transitioned to a modern competitive
Lasco Distributors Limited (LASD) has advised that in the matter of Pfizer Limited vs LASD, the formal order was signed by Honourable Mrs. Justice Vivene Harris and filed on November 24, 2017. The amount awarded for damages and interest up to the 3rd November, 2017 was J$273,278,243.00. LASD has further advised of its intention to
Caribbean Producers Jamaica Limited (CPJ) has advised that a connected party sold a total of 1,273,549 CPJ shares during the period November 20 to 21, 2017.
Sagicor Group Jamaica Limited (SJ) has advised that a Senior Officer and a connected party sold a total of 184,456 SJ shares. SJ further advised that two connected parties purchased a total of 3,590,031 SJ shares. These transactions were conducted during the period November 23 to 24, 2017.
NCB Financial Group Limited (NCBFG) On November 22, 2017, NCBFG advised that a connected party sold 4,350,000 NCBFG shares. This transaction was conducted on November 21, 2017. NCBFG has subsequently indicated that the correct number of shares sold was 4,371,875 and not 4,350,000 as previously advised.
Honey Bun Limited (HONBUN) For the Year ended September 30, 2017: Honey Bun Ltd. reported revenue for the financial year totalling $1.25 billion, an increase of 5% compared to the $1.19 billion booked for the prior financial year. For the fourth quarter revenue saw a 2% decline to total $281.70 million relative to $286.76 million
Scotia Group Jamaica Limited (SGJ) SGJ has advised of the following appointments; Mrs. Naadia White, Vice President, Compliance Scotia Group Jamaica Caribbean Central, effective November 1, 2017. Ms. Marcia Gaudet, Director Human Resources, Caribbean North and Central, effective January 1, 2018.
Sagicor Group Jamaica Limited (SJ) has advised that on November 21, 2017 a Senior Officer sold 15,794 SJ shares and a connected party purchased 500,000 SJ shares.
Lasco Financial Services Limited (LASF) has advised that a connected party sold a total of 20,022 LASF shares on November 20, 2017.
