Sagicor Group Jamaica Limited (SJ) Advised that four Executives sold a total of 897,316 SJ shares. SJ further advised that an Executive and a related party purchased a total of 871,394 SJ shares. These transactions were conducted on March 6, 2017 under the Executive Long Term Incentive Scheme.
U.S.:Trade Deficit in U.S. Widens to Largest in Almost Five YearsThe U.S. chalked up its largest trade deficit since March 2012 as a jump in merchandise imports in January exceeded a smaller gain in shipments overseas. The gap in goods and services trade increased by 9.6 percent to $48.5 billion, matching the median forecast in
Jamaican Teas Limited (JAMT)Advised that an agreement for the purchase of GOJ 42.59% interest in KIW was signed on Friday, March 3, 2017 .JAMT has also advised that the purchase price is $57,000,000.00 and that an initial deposit of $10,000,000.00 has been paid with the balance payable in approximately thirty (30) days. JAMT has further
Trinidad Cement Limited (TCL) An Officer sold 57,149 TCL shares on March 2, 2017 under the company’s Employee Ownership Plan (ESOP).
Mayberry Investments Limited (MIL)A connected party purchased a total of 2000 MIL shares on March 3, 2017.
Kingston Properties Limited (KPREIT) has advised that their Board of Directors will be considering a stock split at its next meeting on March 31, 2017.
AMG Packaging and Paper Company Limited (AMG) has announced the sub-division of the ordinary stock units of the Company, to take effect from the opening of trading on Friday, 10 March 2017.On that date, each ordinary stock unit will be sub-divided into five (5) stock units. This will not affect the overall market value of
Supreme Ventures Limited (SVL) has advised that the deal with the Government of Jamaica for the acquisition of the operations of Caymanas Track Limited (CTL) was signed on February 10, 2017. SVL submitted its bid in September 2015 and was approved as the preferred bidder on March 15, 2016.SVL’s tenure as the new operators of
Caribbean Cement Company Limited (CCC) has advised that for the purpose of providing clarity to stakeholders of CCC and to avoid incorrect reports, CCC hereby informs that on March 2, 2017, pursuant to Rule 411B of the Jamaica Stock Exchange Rules, Trinidad Cement Limited (TCL), the direct majority shareholder of CCC, submitted an application to
Trinidad Cement Limited (TCL) has advised that its Board of Directors passed a resolution on February 23, 2017, authorizing the Company to make an application to the Jamaica Stock Exchange (JSE) pursuant to Rule 411B to delist the Ordinary Shares of TCL from the Exchange. The Application will be made on March 2, 2017.The delisting
