Special Advisory: Key Insurance Company Limited (KEY)
Date: December 09, 2019 Key Insurance Company Limited (KEY) has advised that a round robin resolution was passed on November 6, 2019 to call an Extraordinary Shareholders’ Meeting for December 3, 2019. Additionally, emanating from a Board of Directors’ meeting convened on December 2, 2019, the following resolutions were passed: For the Company to approve an offer to issue participating voting shares to the existing shareholders of the Company in proportion to their current shareholding being part of the authorised capital of the Company currently unissued, the same to be offered to the holders of ordinary shares/stock units by way
Special Advisory: Kingston Wharves Limited (KW)
Date: December 09, 2019 Kingston Wharves Limited (KW) has advised that KW Logistics Limited, of which Kingston Wharves Limited is the ultimate parent, has acquired the remaining 50% of the shares in SSL REIT Limited at a cost of US$473,000.00. SSL REIT Limited is the registered owner of a 110,000 square foot warehousing facility in Newport West in close proximity to the Kingston Wharves terminal. A change of the company’s name to KW Warehousing Services Limited is now in progress. KW has also advised that the Company has adopted a Harassment Policy with effect from December 2019. A copy of
JMMB Group Limited (JMMBGL) – Investment in Alignvest Acquisition II Corporation
Date: December 06, 2019 JMMB Group Limited (JMMBGL) has issued the following update to the Company’s advisory dated May 15, 2019: “JMMB Group Limited (JMMBGL) wishes to advise that on December 5, 2019, it acquired 33,213,764 common shares of Sagicor Financial Company Ltd. (Sagicor) upon the immediate conversion of 33,213,764 Class B shares of Alignvest Acquisition II Corporation (Alignvest) on a one for one basis. JMMB purchased the Class B shares from Alignvest by way of a private placement at $10.00 per Class B share for total consideration of CAD$332,137,637.83 (based on a subscription amount of US$250,000,000.00 converted on the