News Archives | Page 95 of 526 | Mayberry Investments Limited

11 09, 2019

Derrimon continues to seek opportunities through acquisitions and partnerships

kimberly-james 2019-09-11T19:39:35-05:00

Date: September 11, 2019 Derrimon Trading Limited, continued on the path of diversification, debt restructuring and strengthening of revenue sources during the 2018 financial year. The Group reported revenues of $9.30 billion versus $6.72 billion in 2017. Chairman and Chief Executive Officer, Derrick Cotterell, indicated that, “this outcome was positively influenced by the growth in

11 09, 2019

GENAC Positioned to Expand

Rochelle Muncey 2019-09-11T16:40:51-05:00

Date: September 11, 2019 General Accident had another year of success as Chairman, Paul B. Scott, stated, this year was, “one that delivered strong results and successfully combined profitability and solvency.” GENAC produced a commendable performance for the year ended December 31, 2018, improving net profit by 33% from $221.24 million to $295.33 million in

11 09, 2019

Overseas Headlines: September 11, 2019

Rochelle Muncey 2019-09-11T16:40:14-05:00

Date: September 11, 2019 United States: Trump Adds to Pressure on Fed, Seeking Rates of Zero ‘Or Less’ “President Donald Trump urged the Federal Reserve to lower interest rates to a level typically reserved for recessions or periods of persistently weak growth, suggesting that such a setting could allow the government to refinance Treasury debt

10 09, 2019

Stanley plans to maintain full rental for all spaces

kimberly-james 2019-09-10T19:28:49-05:00

Date: September 10, 2019 Stanley Motta Limited, after listing in July 2018, has had an incredible year, with a 100% occupancy rate and final valuation on the occupied properties. The Company’s revenue increased to $269.76 million compared to $72.26 million in the previous year. Chairman and Chief Executive Officer, Melanie Subratie, at the Company’s 1st

10 09, 2019

EPLY expects to fully deploy the Caribbean Mezzanine Fund this year

Rochelle Muncey 2019-09-10T19:11:51-05:00

Date: September 10, 2019 Eppley Limited has completed its first full five years as a public company and Chairman, P.B. Scott stated that “in no year since our listing has our return on equity been less than 10%.” The Company has grown considerably since its listing as, Eppley’s net profit was $15 million. In addition,

10 09, 2019

LAB reports 17% increase in nine months net profit

Rochelle Muncey 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

Rochelle Muncey 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

kimberly-james 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)

Rochelle Muncey 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)

Rochelle Muncey 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