Sagicor Group Jamaica Limited (SJ) for the nine months ended September 30, 2017 reported an 18% increase total revenues to $53.53 billion from $45.33 billion in 2016, while for the third quarter Total Revenues were up 42% to total $23.18 billion compared to $16.32 billion in 2016.Total revenue was broken down as follows; Net premium
Dollar Gains as Treasury Yields Rise; Stocks Drift: Markets Wrap The dollar strengthened and U.S. Treasury yields rose as President Donald Trump called on North Korea to “make a deal” on its missile and nuclear program. European stocks fluctuated near a two-year peak following record gains in Asian markets. The Stoxx Europe 600 Index steadied,
AMG Packaging and Paper Company Limited (AMG) for the year ended August 2017 recorded turnover in the amount of $660.25 million (2016: $628.67 million), an increase of 5% when compared to 2016, while for the quarter turnover was up 5% to close at $173.23 million (2016: $165.36 million). Management noted, “it was another challenging year
Mayberry Investments Limited (MIL) has advised that Mrs. Alana Lawrence, Assistant Vice President of Research, resigned effective December 17, 2017. MIL further advised that a connected party purchased 200,000 MIL shares on November 2, 2017.
Jamaican Teas Limited (JAMT) has advised that its 8.5% Fixed and Floating Rate Secured Corporate Note (Note) will be fully redeemed on November 6, 2017. Consequently, trading in the Note will be suspended on November 6, 2017 and not thereafter be resumed. The security will be subsequently delisted.
AMG Packaging & Paper Company Limited (AMG) has advised that the Board of Directors unanimously decided , in a meeting held on October 25, 2017, to discontinue the production of Toilet Paper effective March 31, 2018.
Paramount Trading (Jamaica) Limited (PTL) has advised that the Company will be expanding its operations by offering chlorine and bleach products for contract manufacturing. The Company recently completed construction of the infrastructure required for a new chlorine and bleach plant at its 6 East Bell Road, Kingston 11 location, which will be outfitted with state
Supreme Ventures Limited (SVL) has advised that Paul Hoo, Co-founder and Chairman of SVL, tendered his resignation at a Board of Directors’ meeting held on November 4, 2017. SVL further advised that Deputy Chairman, Mr. Ian Levy, will act as Board Chairman until a new Chairman is appointed.
Supreme Ventures Limited SVL has also declared an interim dividend of $0.14 per share payable on December 4, 2017 to shareholders on record as at November 20, 2017. The ex-dividend date is November 16, 2017. SVL has further declared a special dividend of $0.18 per share to be paid out of retained earnings as at September
Salada Foods Jamaica Limited (SALF) has advised that at a Board of Directors’ meeting scheduled for Thursday, November 16, 2017 an interim dividend payment will be considered.
