Barita Investments Limited (BIL) has advised that further to its prior disclosure, the Company has received an offer from Cornerstone United Holdings Jamaica Limited to purchase the majority share holdings of the Company. The terms and conditions of this acquisition are dependent on the outcome of negotiations which are yet to be finalized.
BIL has advised that a Senior Officer sold 3,827 BIL shares on September 7, 2017.
Jamaican Teas Limited (JAMT) has advised that a connected party and a Director sold a total of 41,600 JAMT shares during the period September 4 to 11, 2017.
Scotia Investments Jamaica Limited (SIJL) has advised that Mr. David Noel has been appointed to the Board of Directors of SIJL effective September 5, 2017.
Scotia Group Jamaica Limited (SGJ) has advised that Mr. David Noel has been appointed to the Board of Directors of SGJ and The Bank of Nova Scotia effective September 5, 2017.
IronRock Insurance Company Limited (ROC) has advised that a connected party purchased 27,227 ROC shares on September 7, 2017.
Mayberry Investment Limited (MIL) has advised that a connected party purchased 487,465 MIL shares on September 7, 2017.
GraceKennedy Limited (GK) has advised that a Senior Manager sold 9,860 GK shares on September 5, 2017.
Asia: China's Factory Prices Give Global Inflation Unexpected Lift Inflationary pressure emanating from the factory to the world is proving more resilient than economists have anticipated. China’s producer-price inflation accelerated to 6.3 percent in August from a year earlier, exceeding all but one of 38 estimates in Bloomberg’s survey of economists. That data released Saturday
Cable Bahamas Limited (CAB) has advised of a further delay in the publication of its audited financial statements for the year ended June 30, 2017. This delay is due to the expected impact of Hurricane Irma on the islands of the Central Bahamas including New Providence beginning Friday, September 8, 2017 and through the weekend.
