Overseas Headlines – June 06, 2017

Europe: Euro zone bond yields sink as geopolitics sow inflation doubts Euro zone government bond yields hit multi-week lows on Tuesday as geopolitical tensions from the Middle East to the United States pointed to slower price growth. A diplomatic rift between Qatar and several Arab states including Saudi Arabia has depressed oil prices as it

Overseas Headlines – June 06, 20172017-06-10T17:04:02-05:00

PJAM Special Advisory

PanJam Investment Limited (PJAM) has advised that on June 1, 2017, PJAM in accordance with exemptions granted by the Financial Services Commission, successfully raised $2.687 billion by way of a Private Bond Placement. A. The funds raised were allocated as follows: B. Tranche A - $ 1,195,000,000 (2020) – fixed at 8.25% C. Tranche B

PJAM Special Advisory2017-06-05T19:44:57-05:00

CAC Board Resignations

CAC 2000 Limited (CAC) has advised of the resignations of Kerith Foster, Andrew Bradley Cocking and Annette Marie Morrison from its Board of Directors effective May 30, 2017.

CAC Board Resignations2017-06-05T19:44:28-05:00

CAC Board Appointments

CAC 2000 Limited (CAC) has advised that the following individuals have been appointed to its Board of Directors effective May 30, 2017: Richard Powell, Jennifer McDonald, Patrick H. Smith and Matthew Hogarth.

CAC Board Appointments2017-06-05T19:44:02-05:00

SJ Trade in Shares

Sagicor Group Jamaica Limited (SJ) has advised that on June 2, 2017, an Executive purchased 101, 975 SJ shares and a related party sold 14,000 SJ shares.

SJ Trade in Shares2017-06-05T19:43:42-05:00

JAMT Trade in Shares

Jamaican Teas Limited (JAMT) has advised that a Director sold 52,091 JAMT shares during the period May 31 to June 1, 2017.

JAMT Trade in Shares2017-06-05T19:43:21-05:00

JPS Dividend Consideration

Jamaica Public Service (JPS) has advised that at a Board of Directors’ meeting scheduled for June 8, 2017 an interim dividend payment will be considered for its Class F Preference Shares.

JPS Dividend Consideration2017-06-05T19:43:01-05:00

RJR reports year end net profit of $145.23 Million for the 2016/17 financial year

RJR reports year end net profit of $145.23 Million for the 2016/17 financial year Radio Jamaica Limited (RJR) for the year ended March 31, 2017 recorded revenues of $5.23 billion, 127% higher than the$2.31 billion booked for the prior year. The quarter had a 110% increase to $1.20 billion (2016: $574.35 million).” The company noted

RJR reports year end net profit of $145.23 Million for the 2016/17 financial year2017-06-10T17:04:07-05:00