JSE: Board Appointments
Jamaica Stock Exchange (JSE) The JSE has advised that at a meeting of the Board of Directors held on September 20, 2017, Mr. Matthew Hogarth was appointed to its Board of Directors to fill a casual vacancy.
Production in construction up 0.2% in Euro area
Based on activity observed in July 2017 relative to June 2017, seasonally adjusted production in the construction sector expanded 0.2% and 0.3% in the EU28. According to Eurostat, the statistical office of the European Union, “In July 2017 compared with July 2016, production in construction increased by 3.4% in the euro area and by 3.6%
Overseas Headlines – September 22, 2017
U.S.: Fed's Williams Says 2.5% Funds Rate About the `New Normal' Federal Reserve Bank of San Francisco President John Williams said he expects “gradual rate increases” over the next couple of years, with one possibly as early as December. “The pace at which that happens and exactly the contour of that will depend on how
Mayberry rejects Berger offer
On July 24, 2017, Ansa Coating International Limited (ACI) purchased 100 per cent of shareholdings in Lewis Berger (Overseas Holdings) Limited (“LBOH Acquisition”). As a result of this acquisition, Ansa indirectly holds 109,332,222 ordinary shares in Berger Paints Jamaica Limited (BRG), which represents 51.01 per cent of the shares in issue. As the majority shareholder,
Daily Market Summary – September 21, 2017
Daily Market Summary 21.09.17 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 that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may
JMMBGL: Trade in Shares
JMMB Group Limited (JMMBGL) has advised that a connected party sold 145,004 JMMBGL shares on September 18, 2017.
PULS: Special Advisory
Pulse Investments Limited (PULS) has advised that the Company has engaged the services of NCB Capital Markets Limited to be Arranger and Broker in a bid to raise funds via a rights issue to complete current PULS projects. The rights issue is expected to be completed within the next 60 days.
JP: Trade in Shares
Jamaica Producers Group Limited (JP) has advised that a connected party purchased 344,905 JP shares on September 19, 2017.
RJR: Special Advisory
Radio Jamaica Limited (RJR) has advised that Chairman of Radio Jamaica Limited, J. A. Lester Spaulding, advised shareholders at the 69th Annual General Meeting of the Company of his intention to resign from that post later this year. Further information can be found via the following link: https://www.jamstockex.com/wp-content/uploads/2017/09/News-Release-RJRs-69th-Annual-General-Meeting.pdf