Jamaican Teas Limited (JAMT) has advised that its 8.5% Fixed and Floating Rate Secured Corporate Note (Note) will be fully redeemed on November 6, 2017. Consequently, trading in the Note will be suspended on November 6, 2017 and not thereafter be resumed. The security will be subsequently delisted.
AMG Packaging & Paper Company Limited (AMG) has advised that the Board of Directors unanimously decided , in a meeting held on October 25, 2017, to discontinue the production of Toilet Paper effective March 31, 2018.
Paramount Trading (Jamaica) Limited (PTL) has advised that the Company will be expanding its operations by offering chlorine and bleach products for contract manufacturing. The Company recently completed construction of the infrastructure required for a new chlorine and bleach plant at its 6 East Bell Road, Kingston 11 location, which will be outfitted with state
Supreme Ventures Limited (SVL) has advised that Paul Hoo, Co-founder and Chairman of SVL, tendered his resignation at a Board of Directors’ meeting held on November 4, 2017. SVL further advised that Deputy Chairman, Mr. Ian Levy, will act as Board Chairman until a new Chairman is appointed.
Supreme Ventures Limited SVL has also declared an interim dividend of $0.14 per share payable on December 4, 2017 to shareholders on record as at November 20, 2017. The ex-dividend date is November 16, 2017. SVL has further declared a special dividend of $0.18 per share to be paid out of retained earnings as at September
Salada Foods Jamaica Limited (SALF) has advised that at a Board of Directors’ meeting scheduled for Thursday, November 16, 2017 an interim dividend payment will be considered.
Tania, Mayberry’s Senior Vice President of Investment Banking, has significant experience in mergers and acquisitions, initial public offerings, private placements, divestitures and general corporate advisory services. She is currently a non-executive director of: Derrimon Trading Company Limited, Express Catering Limited and Main Event Entertainment Group Limited, as well as a mentor for Caribbean Flavours and
Lasco Manufacturing Limited (LASM) for the six months ended September 30, 2017 recorded a decrease in total revenue of $456.73 million or 12% to total $3.50 billion, relative to the $3.95 billion recorded for the comparable period in 2016. Revenue for the quarter amounted to $1.99 billion, approximately 11% below the $2.22 billion documented for
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U.S.: New York Fed President Dudley to Retire in Mid-2018 Federal Reserve Bank of New York President William Dudley plans to retire in the middle of next year, signaling the departure of an influential, crisis-tested policy maker that will widen the leadership overhaul at the U.S. central bank. The New York Fed said in a
