Trade Sheet: Wednesday September 12, 2018
Crystal Gayle 2018-09-12T19:38:36-05:00
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GraceKennedy Limited (GK) – Signia Financial Group Inc Acquires Globe Finance Inc
Crystal Gayle 2018-09-12T13:31:36-05:00GraceKennedy Limited (GK) has announced that one of its associated companies in Barbados, Signia Financial Group Inc., has acquired Globe Finance Inc. The acquisition will result in the formation of the amalgamated company, which will be known as SigniaGlobe Financial Group Inc. GK currently holds a 40% shareholding in Signia and will hold the same
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09, 2018
Derrimon Trading Company Limited (DTL) Acquisition and Changes to the Board of Directors
Crystal Gayle 2018-09-12T13:10:49-05:00Date: September 12, 2018 Derrimon Trading Company Limited (DTL) has advised that the Company has completed the acquisition of the entire shareholding of Woodcats International Limited (“Woodcats”) for a total consideration of J$355 million. DTL further advised that at a Board Meeting of Woodcats held on September 6, 2018, Messrs. Derrick Cotterell, Ian Kelly, Earl
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CPJ reports 10% increase in annual gross operating revenues
Crystal Gayle 2018-08-30T17:16:15-05:00Date: August 30, 2018 In United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the year ended June 30, 2018 reported a 10% growth year on year in gross operating revenues to close at $107.80 million compared to the $98.29 million for the prior year. CPJ noted, “the company
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BANK OF JAMAICA MAINTAINS POLICY RATE
Crystal Gayle 2018-08-28T23:16:18-05:00Date: August 28, 2018 BANK OF JAMAICA MAINTAINS POLICY RATE Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) unchanged at 2.00 per cent. This decision reflects the Bank’s assessment that inflation, currently below target, will rise towards the lower end of