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10 09, 2019

LAB reports 17% increase in nine months net profit

2019-09-10T14:56:28-05:00

Date: September 10, 2019 The Limner and Bards Limited (LAB), for the nine months ended July 31, 2019, reported a 24% increase revenues to $486.28 million versus $391.28 million booked in 2018. Revenues for the quarter rose by 16% to $151.80 million (2018: $130.64 million). Management noted, “The revenue growth is attributable to increases in

10 09, 2019

Overseas Headlines: September 10, 2019

2019-09-10T14:29:51-05:00

September 10, 2019 United States: Many U.S. farmers fume at Washington, not Trump, over biofuel, trade policies “ROCHESTER, Minn./CHICAGO (Reuters) - American farmers helped elect President Donald Trump in 2016 on hopes he would shake up Washington and turn around a struggling agricultural economy, but many of his policies have actually stung farmers, notably his

9 09, 2019

Seprod continues to seek acquisition opportunities and partnerships

2019-09-09T21:10:05-05:00

Date: September 09, 2019 Seprod yielded a commendable performance for the year ended December 31, 2018, reinforcing the Group’s firm footing to continue on its growth agenda. Revenues increased to $23.55 billion compared to $16.50 billion the prior year, a 43% increase. Moreover, profit was up 64% from $648 million to $1.4 billion in 2018. 

9 09, 2019

Special Advisory: KEY Insurance Company Limited (KEY)

2019-09-09T20:31:27-05:00

September 9, 2019 KEY Insurance Company Limited (KEY) has advised that Peter Thompson has been appointed Chairman of the Loans & Investments Committee effective August 28, 2019. 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

9 09, 2019

Special Advisory: Sagicor Group Jamaica Limited (SJ)

2019-09-09T20:27:42-05:00

September 9, 2019 Sagicor Group Jamaica Limited (SJ) has advised that the Financial Services Commission (FSC) has advised of its non-objection to the acquisition of the shares in Advantage General Insurance Company Limited by Sagicor Investments Jamaica Limited (as to 60%), Fundy Bay Equity Holdings Limited (34%) and Resource in Motion Limited (6%). SJ has

9 09, 2019

Dividend Declaration: Scotia Group Jamaica Limited (SGJ)

2019-09-09T20:26:32-05:00

September 9, 2019 Scotia Group Jamaica Limited (SGJ) has advised that at a Board of Directors’ meeting scheduled to be held on September 11, 2019, an interim dividend payment will be considered. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed.

9 09, 2019

Trade in Shares: Jamaican Teas Limited (JAMT)

2019-09-09T20:25:25-05:00

September 9, 2019 Jamaican Teas Limited (JAMT) has advised that a Director sold 86,144 JAMT shares on September 5, 2019. 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

9 09, 2019

Trade in Shares: Mayberry Jamaican Equities Limited (MJE)

2019-09-09T20:24:40-05:00

September 9, 2019 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 129,705 MJE shares and that a connected party sold 40,237,000 MJE shares. These transactions were conducted during the period September 4 to 6, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however

9 09, 2019

Trade in Shares: Mayberry Investments Limited (MIL)

2019-09-09T20:22:11-05:00

Date: September 9, 2019 Mayberry Investments Limited (MIL) has advised that a connected party purchased 197,627 MIL shares during the period September 5 to 6, 2019. 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

9 09, 2019

Net International Reserves- August 2019

2019-09-09T17:15:21-05:00

Date: September 9, 2019 Net International Reserves- August 2019 Jamaica’s Net International Reserves (NIR) totaled US$2,936.45 million as at August 2019, reflecting a decline of US$14.90 million relative to the US$2,951.35 million reported as at the end of July 2019 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$17.45

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