October 2, 2019 NCB Financial Group Limited (NCBFG) has advised that the Caribbean Information and Credit Rating Services Limited (CariCRIS) has upgraded the regional scale issuer Ratings of NCBFG to CariA+ (Local Currency) and CariA (Foreign Currency) and reaffirmed the Jamaican national scale rating of jmAAA (Local Currency) and jmAA+ (Foreign Currency). Company Disclosure -The information
October 2, 2019 Victoria Mutual Investments Limited (VMIL) has advised that the Board of Directors has appointed Mr. Vikram Dhiman to serve as Director of the Company effective October 4, 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
October 2, 2019 Sagicor Group Jamaica Limited (SJ) advised that the sale of shares in Advantage General Insurance Company Limited (AGIC) by NCB Capital Markets Limited to an unincorporated consortium led by Sagicor Investments Jamaica Limited through its wholly owned subsidiary, Phoenix Equity Holdings Limited, was completed on September 30, 2019. Company Disclosure -The information contained
October 10, 2019 Unemployment rates trended downward for the month of August in 224 of the 389 metropolitan states compared to a year earlier. According to Bureau Labor Statistics, this was “higher in 132 areas, and unchanged in 33 areas.” Jobless rates lower than 3% were recorded in 82 areas while 2 areas posted rates
October 02, 2019 Sagicor Group Jamaica Limited (SJ) has advised that the sale of shares in Advantage General Insurance Company Limited (AGIC) by NCB Capital Markets Limited to an unincorporated consortium led by Sagicor Investments Jamaica Limited through its wholly-owned subsidiary Phoenix Equity Holdings Limited was completed on September 30, 2019. SJ further advised that
October 2, 2019 United States: Trump to Unveil Medicare Plan in Bid to Contrast Democrat Rivals “President Donald Trump will outline his vision for the future of Medicare this week, contrasting plans with Democrats in a speech promising to strengthen the program for the elderly and disabled. Trump is scheduled to travel to Florida on
October 1, 2019 Chairman, Mr. Winston Boothe, at Medical Disposal and Supplies Limited’s 6th Annual General Meeting, highlighted that the company has had, “ another year of growth and group performance.” The company encountered challenges such as, “foreign exchange losses, amounting to $22.3 million and the Hagley Park road construction works. The construction road works
October 1, 2019 Radio Jamaica Limited (RJR) has advised that the Board of Directors of the Company has appointed Lisa Johnston to the Audit Committee of the Board effective September 21, 2019. RJR has further advised that the current composition of the Audit Committee is as follows: Carl Domville, Chairman/Director (Independent) Elizabeth “Betty Ann” Jones,
October 1, 2019 NCB Financial Group Limited (NCBFG) has advised that its subsidiary, NCB Capital Markets Limited, has completed the sale of its 100% stake in Advantage General Insurance Company Limited. NCBFG has also advised that S&P Global Ratings ungraded its subsidiary, National Commercial Bank Jamaica Limited’s credit rating to ‘B+’ from ‘B’ with outlook
October 1, 2019 Barita Investments Limited (BIL) has advised of the Closing and Basis of Allotment of the Excess Shares Pool to subscribers of the Renounceable Rights Issue of 77,897,303 New Ordinary Shares at a subscription price of J$45.00 per share. The Offer, made subject to the Circular Letter of BIL, dated August 19th, 2019,
