NCB Financial Group Limited (NCBFG) has advised of a transaction under which the Company will acquire a majority stake in Clarien Group Limited (CGL), owner of Clarien Bank Limited (Clarien) based in Hamilton, Bermuda. Under the transaction agreement, NCBFG will acquire a 50.1% majority stake in CGL. Funds managed by Portland Private Equity (PPE) will
Jamaica Public Service Limited (JPS) has advised that at a Board of Directors’ meeting scheduled for December 8, 2017 a dividend payment for Class F Preference shareholders will be considered.
Cable Bahamas Limited (CAB) has advised of the resignation of Mr. Calvin Knowles from the Audit Committee effective August 2, 2017. CAB further advised that the resignation was not related to any disagreement in respect to accounting principles of practice, financial statements disclosure or any other material issue impacting on the Audit Committee or the
Asia: China cracks down on online micro-lending firms with new rules China’s financial regulators on Friday circulated new rules to local governments targeting a rampantly growing online micro-lending sector, part of a campaign to rein in its rapidly developing financial sector. A top-level multi-ministry body, tasked by the central government to bring risks in the
IronRock Insurance Company Limited (ROC) has advised that a connected party purchased 2,452 ROC shares on November 28, 2017.
Mayberry Investments Limited (MIL) has advised that a connected party purchased a total of 4,800 MIL shares on November 28, 2017.
Europe: Euro, bond yields slip on tepid European inflation data The euro tumbled to an eight-day low and European benchmark bond yields slipped on Thursday after European inflation data printed below forecasts, supporting the European Central Bank’s plan to remove stimulus only gradually. Euro zone inflation rose by less than expected in November, highlighting that
Eppley Limited (EPLY) has advised that an Extraordinary General Meeting has been scheduled for 9:00 a.m. on Thursday, December 21, 2017 at 58 Half Way Tree Road, Kingston to consider and if thought fit, pass the following resolutions: Ordinary Resolution That the authorized share capital of the Company be increased by 80,160,000 new Preference Shares
Supreme Ventures Limited (SVL) has advised that a connected party sold 5,000 SVL shares on November 27, 2017.
Mayberry Investments Limited (MIL) has advised that two connected parties purchased a total of 799,646 MIL shares. MIL further advised that a connected party sold a total of 628,864 MIL shares. These transactions were conducted on November 27, 2017.
