Kingston Properties Limited (KPREIT) has advised that the Company has completed the sale of its 20-acre property at Waterworks in Westmoreland, Jamaica. The property was sold for a consideration of $21 million.
Jamaica Producers Group Limited (JP) has advised that a connected party purchased 383,965 JP shares during the period September 19 to 21, 2017.
Europe: ECB's Draghi growing confident about inflation rebound The European Central Bank is growing increasingly confident that inflation will rise back to its target but patience is still needed, ECB President Mario Draghi said on Monday. Draghi singled out currency volatility as a source of uncertainty which requires monitoring and argued that the economy still
Please click below to view today’s Featured Stock. Weekly Picks 25.09.17 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly
Monthly Economic Review - August 2017
GraceKennedy Limited (GK) has announced the retirement of Mr. Douglas Orane as Chairman of the Board of Directors of its subsidiary, First Global Bank Limited (FGB), effective September 19, 2017. GK further advised that effective immediately, Mr. Peter Moses has assumed the role of Chairman of the FGB Board.
Jamaica Stock Exchange (JSE) The JSE has advised that at a meeting of the Board of Directors held on September 20, 2017, Mr. Matthew Hogarth was appointed to its Board of Directors to fill a casual vacancy.
U.S.: Fed's Williams Says 2.5% Funds Rate About the `New Normal' Federal Reserve Bank of San Francisco President John Williams said he expects “gradual rate increases” over the next couple of years, with one possibly as early as December. “The pace at which that happens and exactly the contour of that will depend on how
On July 24, 2017, Ansa Coating International Limited (ACI) purchased 100 per cent of shareholdings in Lewis Berger (Overseas Holdings) Limited (“LBOH Acquisition”). As a result of this acquisition, Ansa indirectly holds 109,332,222 ordinary shares in Berger Paints Jamaica Limited (BRG), which represents 51.01 per cent of the shares in issue. As the majority shareholder,
JMMB Group Limited (JMMBGL) has advised that a connected party sold 145,004 JMMBGL shares on September 18, 2017.
