Special Advisory: Palace Amusement Company (1921) Limited (PAL)

Date: October 14, 2019

Palace Amusement Company (1921) Limited (PAL) has advised that at a meeting of its Board of Directors held on Tuesday, October 8, 2019, it was decided that having heavily invested for the long-term benefit of the Shareholders in a new cinema in Portmore, “Sunshine Palace”, there will be no recommendation to Shareholders to consider and vote for the payment of a dividend at its Annual General Meeting to be held on Tuesday, December 10, 2019.

 

Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -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 effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

2019-10-14T21:03:13+00:00