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

September 11, 2020

The Palace Amusement Company (1921) Limited (PAL) has advised that the Company has obtained a license for premises at Dominica Drive in New Kingston for the operation of a drive-in cinema. PAL has also advised that although the License was obtained on August 21, 2020 and preparatory work has begun, the Company is unable to say when operations will commence as this is subject to directives from the Government for the operation of cinemas and places of entertainment during the COVID-19 pandemic.


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.