IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

Special Advisory: Tropical Battery Company Limited (TROPICAL)

January 31, 2025

 

Tropical Battery Company Limited (TROPICAL) has advised that its subsidiary, Tropical Mobility has announced the signing of a memorandum of understanding with Ellesco, led by hotelier, real estate developer and electric vehicle pioneer Lee Issa. The strategic partnership was formed between the two companies to drive the adoption of electric vehicles in key sectors across Jamaica.
TROPICAL has further advised that under the terms of the partnership, Tropical Mobility will establish a flagship showroom at Tropical Plaza in Half-Way-Tree to promote Tesla passenger vehicles and electric motorbikes from the combined portfolio of both companies. The two parties will join forces to commercialize electric kick scooters, bicycles, motorbikes and ATVs, as well as passenger vehicles for private motorists and corporate fleets, commercial vehicles and buses.

 

Disclaimer:

Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure – 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 prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
shutterstock_453968572
October 9, 2026   Elite Diagnostic Limited (ELITE) has advised that Mrs. Simone Bowie Jones has tendered her resignation as a Director of t…
shutterstock_453968572
October 9, 2026   Jamaica Broilers Group Limited (JBG) has advised that effective Wednesday, September 30, 2026, the Board approved the app…
shutterstock_453968572
October 9, 2026   Productive Business Solutions Limited (PBS) has advised that the Company has acquired a 70% stake in TSL (Barbados) Ltd w…
shutterstock_148562033
October 9, 2026   Supreme Ventures Limited (SVL) has advised that on October 7, 2026, a related entity purchased 300,542 SVL shares. &nb…
shutterstock_316932977-700x441
October10, 2026 Guyana’s economy continues to expand at one of the fastest rates in the world, supported by strong oil production and broad-based…
shutterstock_367343003
October 9, 2026 Net International Reserves – September 2026 BOJ has reported that Jamaica’s Net International Reserves as at September 30, 2026,…
shutterstock_453968572
October 9, 2026       United States:   Dollar’s Longest Winning Streak Since Early 2025 Keeps Going     …
shutterstock_148562033
October 8, 2026   Sagicor Select Funds Limited- Financial (SELECTF) has advised that two connected parties sold a total of 79,000 SELECTF s…