Date: August 8, 2019 Jamaica Public Service Company Limited (JPS) has advised that its Board of Directors has approved quarterly preference dividends to be paid on October 1, 2019 to preference shareholders on record as at September 13, 2019 on the under mentioned classes of preference shares: 7% Cumulative Preference Shares “B” - $0.035 5%
Date: August 08, 2019 Brent Oil Brent oil prices decreased by 5.16% or US$3.12, as prices decreased this week relative to the prior week. Oil traded on August 08, 2019 at a price of US$57.38 per barrel relative to US$60.50 on August 01, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices
Date: August 08, 2019 tTech Limited (tTech) for the six months ended June 30, 2019; booked an 8% increase in revenues to $156.91 million compared to $145.25 million recorded for the prior financial year’s six month period. According to management, “monthly recurring revenues continue to trend in the right direction and our organization is
Date: August 8, 2019 United States: U.S. Rushes to Ready New China Tariffs as Companies Fear Damage “The Trump administration is rushing to finalize a list of $300 billion in Chinese imports it plans to hit with tariffs in a few weeks’ time, as U.S. companies make a last-ditch appeal to be spared from the
Date: August 8, 2019 Net International Reserves- July 2019 Jamaica’s Net International Reserves (NIR) totaled US$2,951.35 million as at July 2019, reflecting a decline of US$83.96 million relative to the US$3,035.31 million reported as at the end of June 2019 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$89.30
Date: August 07, 2019 Lasco Distributors Limited (LASD), for the three months ended June 30, 2019, posted a marginal increase in revenue to $4.34 billion, up from $4.28 billion in the corresponding period in 2018. Cost of sales amounted to $3.47 billion, up 2% on the $3.41 billion reported in the prior comparable period. Consequently,
Date: August 7, 2019 SSL Venture Capital Jamaica Limited (SSLVC) has advised that its portfolio company, Blue Dot Data Intelligence Limited, has garnered a well-known, established and value-added private investor at a higher valuation of US$1.1 million for a 20.0% share dilution effective July 23, 2019. SSLVC previously held 50% and will now hold 40%
Date: August 7, 2019 Jamaican Teas Limited (JAMT) has advised that a Director sold 182,500 JAMT shares on August 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
Date: August 7, 2019 Mayberry Investments Limited (MIL) has advised that a connected party purchased 2,920,714 MIL shares and that a connected party sold 49,900 MIL shares. These transactions were conducted on August 2, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness
Date: August 7, 2019 Mayberry Jamaican Equities (MJE) has advised that two connected parties purchased a total of 1,295,084 MJE shares. MJE has also advised that a connected party and a Director sold a total of 1,291,642 MJE shares. These transactions were conducted on August 2, 2019. Company Disclosure -The information contained herein has been
