3 10, 2019

Overseas Headline- October 3, 2019

2019-10-03T14:04:05-05:00

  United States:  U.S. Jobs Outlook Is So Weak It Echoes Disaster-Hit Months “The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown. But for the September jobs report due Friday, Wall Street economists

Overseas Headline- October 3, 20192019-10-03T14:04:05-05:00
2 10, 2019

SSLVC reports year end net loss of $45.59 million

2019-10-03T22:20:08-05:00

Date: October 02, 2019 SSL Venture Capital Jamaica, for the year ended June 30, 2019, reported revenues of $332.27 million versus $510,419 reported in the prior year. The Company noted that, “this level of revenue growth is expected to continue the upward trend for the foreseeable future as we strengthen the capacity of the business

SSLVC reports year end net loss of $45.59 million2019-10-03T22:20:08-05:00
2 10, 2019

Trade in Shares: Jamaica Producers Group Limited (JP)

2019-10-02T20:17:05-05:00

October 2, 2019 Jamaica Producers Group Limited (JP) has advised that on September 30, 2019, a Director sold 1,000,000 JP shares and a connected party purchased 1,000,000 JP shares. 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

Trade in Shares: Jamaica Producers Group Limited (JP)2019-10-02T20:17:05-05:00
2 10, 2019

Special Advisory: NCB Financial Group Limited (NCBFG)

2019-10-02T20:17:03-05:00

October 2, 2019 NCB Financial Group Limited (NCBFG) has advised that the Caribbean Information and Credit Rating Services Limited (CariCRIS) has upgraded the regional scale issuer Ratings of NCBFG to CariA+ (Local Currency) and CariA (Foreign Currency) and reaffirmed the Jamaican national scale rating of jmAAA (Local Currency) and jmAA+ (Foreign Currency). Company Disclosure -The information

Special Advisory: NCB Financial Group Limited (NCBFG)2019-10-02T20:17:03-05:00
2 10, 2019

Special Advisory: Victoria Mutual Investments Limited (VMIL)

2019-10-02T20:16:52-05:00

October 2, 2019 Victoria Mutual Investments Limited (VMIL) has advised that the Board of Directors has appointed Mr. Vikram Dhiman to serve as Director of the Company effective October 4, 2019. 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

Special Advisory: Victoria Mutual Investments Limited (VMIL)2019-10-02T20:16:52-05:00
2 10, 2019

Special Advisory: Sagicor Group Jamaica Limited (SJ)

2019-10-02T20:17:12-05:00

October 2, 2019 Sagicor Group Jamaica Limited (SJ) advised that the sale of shares in Advantage General Insurance Company Limited (AGIC) by NCB Capital Markets Limited to an unincorporated consortium led by Sagicor Investments Jamaica Limited through its wholly owned subsidiary, Phoenix Equity Holdings Limited, was completed on September 30, 2019. Company Disclosure -The information contained

Special Advisory: Sagicor Group Jamaica Limited (SJ)2019-10-02T20:17:12-05:00
2 10, 2019

Sagicor Group Jamaica Limited (SJ) – Acquisition of Shares in Advantage General Insurance Company Limited

2019-10-02T16:07:23-05:00

October 02, 2019   Sagicor Group Jamaica Limited (SJ) has advised that the sale of shares in Advantage General Insurance Company Limited (AGIC) by NCB Capital Markets Limited to an unincorporated consortium led by Sagicor Investments Jamaica Limited through its wholly-owned subsidiary Phoenix Equity Holdings Limited was completed on September 30, 2019. SJ further advised that

Sagicor Group Jamaica Limited (SJ) – Acquisition of Shares in Advantage General Insurance Company Limited2019-10-02T16:07:23-05:00
2 10, 2019

Overseas Headlines: October 2, 2019

2019-10-02T14:27:15-05:00

October 2, 2019 United States: Trump to Unveil Medicare Plan in Bid to Contrast Democrat Rivals “President Donald Trump will outline his vision for the future of Medicare this week, contrasting plans with Democrats in a speech promising to strengthen the program for the elderly and disabled. Trump is scheduled to travel to Florida on

Overseas Headlines: October 2, 20192019-10-02T14:27:15-05:00
1 10, 2019

MDS intends to expand Consumer and Medical Division

2019-10-02T15:58:42-05:00

October 1, 2019 Chairman, Mr. Winston Boothe, at Medical Disposal and Supplies Limited’s 6th Annual General Meeting, highlighted that the company has had, “ another year of growth and group performance.” The company encountered challenges such as, “foreign exchange losses, amounting to $22.3 million and the Hagley Park road construction works. The construction road works

MDS intends to expand Consumer and Medical Division2019-10-02T15:58:42-05:00
1 10, 2019

Special Advisory: Radio Jamaica Limited (RJR)

2019-10-01T20:53:31-05:00

October 1, 2019 Radio Jamaica Limited (RJR) has advised that the Board of Directors of the Company has appointed Lisa Johnston to the Audit Committee of the Board effective September 21, 2019. RJR has further advised that the current composition of the Audit Committee is as follows: Carl Domville, Chairman/Director (Independent) Elizabeth “Betty Ann” Jones,

Special Advisory: Radio Jamaica Limited (RJR)2019-10-01T20:53:31-05:00