Please see below allocation posted on the Jamaica Stock Exchange. JMMB Securities Limited, lead Broker for GWest Corporation Limited, has advised on the allocation of shares from the Invitation for Subscription in respect of 169,689,500 ordinary shares subject to the Company’s prospectus dated November 29, 2017. The Broker states that the Invitation closed on the Opening
Europe: German business morale falls as political impasse clouds outlook German business morale deteriorated unexpectedly in December after hitting an all-time high in the previous month, a survey showed on Tuesday, suggesting that political deadlock in Europe’s economic powerhouse is clouding the outlook. Chancellor Angela Merkel is struggling to form a stable government after her
GraceKennedy Limited (GK) has advised of the following management changes effective January 1, 2018: Andrea Coy will be appointed as CEO of GK Foods International Business, a position previously held by Ryan Mack. GK’s manufacturing and distribution operations in the USA, Canada and the UK will fall under Mrs. Coy’s remit as well as the
Cable Bahamas Limited (CAB) has advised that Mrs. Elma Campbell has been appointed as a member of the Audit Committee effective November 16, 2017.
Mayberry Investments Limited (MIL) has advised that a connected party purchased a total of 100,788 MIL shares on December 13, 2017.
GK advised that as part of compensation for the year 2017, a total of 99,742 GK shares were acquired by seven Directors on December 12, 2017.
Europe: U.K. Manufacturing Orders Stay at Strongest Level Since 1988 U.K. factories enjoyed another month of strong demand in December, with orders staying at their highest level in almost three decades. The Confederation of British Industry said its monthly factory index was at 17 for a second month, matching the highest level since August 1988.
Seprod Limited (SEP) has advised that the Company has opted to submit fourth quarter unaudited financial statements within 45 days of the financial year end and audited financial statements within 90 days of the financial year end.
NCB Financial Group Limited (NCBFG)has advised that the Company has completed its acquisition of a 50.1% majority stake in Clarien Group Limited, owner of Clarien Bank Limited based in Hamilton, Bermuda.
Caribbean Producers Jamaica Limited (CPJ) has advised that a connected party sold a total of 41,000 CPJ shares during the period December 13 to 14, 2017.
