December 13, 2021
Salada Foods Jamaica Limited (SALF) has advised that effective October 1, 2021, the business operations of Mountain Peak Foods Processors Limited (MPFP), a wholly owned subsidiary of SALF, as a going concern, including all MPFP’s assets and liabilities, will be transferred to SALF. The Board of SALF does not expect the transfer of MPFP’s operational business, assets and liabilities to have any operational or material financial impact on the consolidated net assets, earning per share capital and substantial shareholdings of SALF. The Board also do not foresee any significant risk or liability to be assumed by SALF.
Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report. 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.