Special Advisory: FosRich Corporation Limited (FOSRICH)

July 23, 2020

FosRich Corporation Limited (FOSRICH) has advised that the Company has signed a 4-year renewable contract with the Jamaica Public Service Company Limited (JPS), to repair over one thousand (1,000) transformers annually, of the approximately forty-thousand (40,000) transformers now used in their power distribution system. FOSRICH will repair and certify these transformers to ISO9001 standards.

FOSRICH has also advised that the Company will operate this new transformer business from a 120,000 square ft. plant located in Hayes, Clarendon. This plant was recently acquired on a long-term lease from the Factories Corporation of Jamaica. For further information, please visit www.jamstockex.com

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