Cargo Handlers Limited (CHL) for the nine months ended June 30, 2017 reported revenues of $255.44 million, 9% higher than the $234.37 million booked in 2016. However, revenue for the quarter contracted 9% to $73.83 million relative to $81.07 million documented for the corresponding quarter of 2016. The company noted, “this result was due in part
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Europe: Drop in German trade activity feeds into global stimulus debate German trade activity slowed abruptly in June, adding to signs that demand in leading economies may be starting to flag just as central banks consider scaling back years of stimulus. Exports from Europe's biggest economy fell by 2.8 percent, the biggest drop since August
Please click below to view today’s Daily Market Summary. Daily Market Summary 04.08.17 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
NCBCM received a total of 388 applications valued at approximately J$2,580,000,000. The Company’s Prospectus offered J$ Preference Shares valued at J$2,580,000,000. Based on the foregoing the Offer was fully subscribed as such, each applicant will receive full allocation.
NCB Capital Markets Limited (NCBCM) NCBCM, co-arranger and lead broker to Productive Business Solution Limited (“PBS”) (the “Company”) in its recent invitation to the public made subject to a prospectus dated June 22, 2017 (the “Invitation” and the “Prospectus” as the case may be), to subscribe for J$ Preference Shares of the Company (the “Shares”),
Scotia Group Jamaica Limited (SGJ) has advised that Mrs. Audrey Tugwell Henry has been appointed to the position of Executive Vice President, Retail Banking effective September 4, 2017.
Jamaica Stock Exchange (JSE) The JSE has advised that it is exploring the Blockchain technology. To facilitate the exploration process, the JSE has entered into a non-binding Memorandum of Understanding with Veritaseum Limited Liability Corporation.
Barita Investments Limited (BIL) has advised that an offer has been made to acquire majority shareholdings in the Company. BIL further advised that the offer is under consideration by the Board of Directors of the Company and discussions continue, pending the preparation and conclusion of definitive agreements.
On August 03, 2017, Barita Investments Limited (BIL) advised the public that the Company has received an offer to acquire majority shareholdings in the Company. Barita Investments Limited (BIL), a limited liability company, is licensed as a security dealer and has primary dealer status from the Bank of Jamaica (BOJ). Licensed under the Securities Act,
