May 17, 2019 General Accident Insurance Company Limited (GENAC) for the three months ended March 31, 2019, reported Gross premium written of $2.69 billion, 22% higher than the $2.21 billion reported for 2018. Reinsurance ceded rose 21% to close at $2.11 billion relative to $1.75 billion booked in 2018. Excess of loss reinsurance trended downwards by
May 16, 2019 iCreate Limited (iCreate) the three months ended March 31, 2019 reported revenues of $11.90 million, up from $11.69 million reported a year ago. Management noted, “Business Development is also at an advanced stage. The Company has introduced several new courses, to include inter-alia, the Globally Accredited Digital Marketing Associate course and a
Daily Market Summary 16.05.19 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
May 16, 2019 Victoria Mutual Investments Limited (VMIL) has declared an interim dividend of $0.03 per share, payable on June 12, 2019 to shareholders on record as at May 29, 2019. The ex-dividend date is May 28, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however
May 16, 2019 Sagicor Group Jamaica Limited (SJ) has advised that two connected parties sold 283,386 SJ shares and that three Officers purchased 211,953 SJ shares. These transactions were conducted during the period April 30, 2019 to May 10, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be
May 16, 2019 PanJam Investment Limited (PJAM) has advised that 929,567 PJAM shares were issued to seven members of the Company’s management team under the PJAM Long Term Incentive Plan. These transactions were conducted on May 15, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however
May 16, 2019 The Palace Amusement Company (1921) Limited (PAL) has also advised that the Company will be expanding its operations and opening a new cinema in Portmore, St Catherine. This cinema will be located at the Sunshine Outlet Mall and will operate as Sunshine Palace. It is expected to open in June 2019.
Thursday, May 16, 2019 FOR IMMEDIATE RELEASE Wigton Windfarms Limited: Initial Public Offering Statistics Kingston: The Jamaica Central Securities Depository (“JCSD”) and Mayberry Investments Limited (“Mayberry”) have completed the reconciliation of all Applications in the Offer for Sale (the “Offer”) of 11,000,000,000 ordinary shares (the “Share”) in Wigton Windfarm Limited (the “Company”) pursuant
May 16, 2019 JMMB Group Limited (JMMBGL) has announced that it has committed to investing a minimum of US$200 million in Alignvest Acquisition ll Corporation (AQY), which is a publicly-traded Special Purpose Acquisition Corporation that is listed on the Toronto Stock Exchange. AQY is currently set to acquire 100% of the ordinary shares of
May 15, 2019 Salada Foods Jamaica Limited (SALF) has advised that the Board of Directors, at a meeting held on May 13, 2019, considered and declared an interim dividend of $0.45 per stock unit payable on June 14, 2019 to shareholders on record as at Friday, May 31, 2019. The ex-dividend date is May
