February 10, 2021 Proven Investments Limited (PROVEN) has advised that Proven Management Limited intends to fully redeem its Series B Bonds in the amount of $2.9 billion. This will be completed in accordance with Section 7.1 of the Trust Deed dated January 7, 2019 and the intended loan prepayment date will be March 11, 2021.
February 10, 2021 GraceKennedy Limited (GK) has advised that the process to merge two of its local manufacturing divisions has started. The merger will see operations at GK Foods & Services’ National Processors (Nalpro) being combined with Grace Food Processors Canning (Canning). The relocation of Nalpro’s operations, currently situated in Temple Hall in St Andrew,
February 10, 2021 Seprod Limited (SEP) posted revenue totalling $37.74 billion compared to $32.69 billion recorded for the same period of the prior financial year, representing a 15% increase year over year. Revenue for the quarter amounted to $9.08 billion relative to the $7.90 billion reported in 2019. The Company stated, “This ended a good year that
United States: Biden’s Next Economic Challenge: Getting Manufacturing Jobs Back “Joe Biden began his presidency much as his predecessor did, promising to restore hope to a blue-collar middle class battered by decades of relentless job losses from automation and foreign competition. But the realities of trying to stoke U.S. manufacturing employment in the wake of
February 09, 2021 iCreate Limited (ICREATE) has advised of the appointment of Mr. Larren Peart and Mr. Stephen Hector as Directors effective February 3, 2021 and February 4, 2021 respectively. Mr. Peart has also been appointed Chairperson of the Remuneration Committee. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal
February 9, 2021 Lasco Financial Services Limited (LASF), for the nine months ended December 31, 2020 recorded trading income of $1.67 billion; this represented a 11% decrease when compared to $1.82 billion posted in 2019, while trading income for the quarter amounted to $527.18 million (2019: $600.68 million). Other income decreased to $13.03 million versus
United States: Biden Warms to Fast-Track Stimulus After Liberal Pressure Mounts “President Joe Biden and White House officials are siding with liberal Democrats stung by past efforts to reach compromise with Republicans and refusing to heed GOP appeals to scale back the administration’s $1.9 trillion stimulus. Biden entered talks last week with a group of
February 08, 2020 GraceKennedy Limited (GK) has advised that pursuant to the terms of the GraceKennedy ‘2009 Stock Option plan for Directors, Managers and Employees’, approved by the Stockholders of the Company at an Annual General Meeting held on May 27, 2009 and as part of the Long Term Incentive Scheme for the employees of
February 08, 2021 Seprod Limited (SEP) has advised that its Board of Directors, at a meeting scheduled to be held on February 22, 2021, will consider the payment of a dividend. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer
February 08, 2021 Wisynco Group Limited (WISYNCO) has advised that a connected party sold 250,000 WISYNCO shares on February 5, 2021. 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
