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Board Appointment/Board Resignation: Consolidated Bakeries (Jamaica) Limited (PURITY)

Date: December 23, 2019

Consolidated Bakeries (Jamaica) Limited (PURITY) has advised that the Chairman of the Board of Directors, Mr Vincent J Chang, retired from his duties effective November 14, 2019.

Mr Anthony V Chang will assume the Chairmanship and will continue to carry out duties of Chief Executive Officer and Managing Director.

The company also announced that the following Directors were not re-elected to the Board effective November 14, 2019:

  • Mr. Tom Chin
  • Mr. Keith Collister

The company notes that the following Directors have been appointed to the Board of Directors, effective November 14, 2019:

  • Ms. Lamar Harris
  • Mr. Marshall Ogle

Both Directors are non-executive and independent.

 

Disclaimer: 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.

2019-12-23T16:18:56-05:00