NCB Financial Group Limited (NCBFG) On November 22, 2017, NCBFG advised that a connected party sold 4,350,000 NCBFG shares. This transaction was conducted on November 21, 2017. NCBFG has subsequently indicated that the correct number of shares sold was 4,371,875 and not 4,350,000 as previously advised.
Honey Bun Limited (HONBUN) For the Year ended September 30, 2017: Honey Bun Ltd. reported revenue for the financial year totalling $1.25 billion, an increase of 5% compared to the $1.19 billion booked for the prior financial year. For the fourth quarter revenue saw a 2% decline to total $281.70 million relative to $286.76 million
Scotia Group Jamaica Limited (SGJ) SGJ has advised of the following appointments; Mrs. Naadia White, Vice President, Compliance Scotia Group Jamaica Caribbean Central, effective November 1, 2017. Ms. Marcia Gaudet, Director Human Resources, Caribbean North and Central, effective January 1, 2018.
Sagicor Group Jamaica Limited (SJ) has advised that on November 21, 2017 a Senior Officer sold 15,794 SJ shares and a connected party purchased 500,000 SJ shares.
Lasco Financial Services Limited (LASF) has advised that a connected party sold a total of 20,022 LASF shares on November 20, 2017.
Lasco Distributors Limited (LASD) has advised that a Director sold a total of 2,042,774 LASD shares on November 20, 2017.
Jamaica Producers Group Limited (JP) has advised that at a Board of Directors’ meeting scheduled for December 1, 2017 an interim dividend payment will be considered.
E.U.: ECB urges Europe-wide trading platform for bad bank loans The European Central Bank called on Monday for the creation of a private sector platform to trade in soured bank debt, hoping to kickstart a dysfunctional market weighing on the bank sector. Euro zone banks are sitting on around 800 billion euros worth of non-performing
Asia: Chinese bankers, property developers downbeat on 2018 credit conditions Most Chinese bankers and property developers at a recent closed-door meeting expect growth in credit to real estate firms will taper off next year, said two sources who attended the gathering, amid a government clampdown on inflated home prices. Funding channels for developers have shrunk
Blue Power Group Limited (BPOW) for the six months ended October 31, 2017 booked a 12% increase in revenue to total $761.19 million compared to $667.67 million for the same period in 2016. Sales from the Lumber division climbed to $544.35 million, 16% higher than $468.68 million, while sales in the Soap division increased by
