Special Advisory: Caribbean Producers Jamaica Limited (CPJ)
Date: May 22, 2018 Caribbean Producers Jamaica Limited (CPJ) has advised that the Board has approved the proposal to invest in the further expansion of the company’s distribution capacity through a buildout of a multipurpose warehouse being currently constructed in Montego Freeport, on a proposed leased property. This proposed investment of US$ 2.5 million will allow the company to improve efficiency of its cold chain as well as to handle the anticipated growth in sales.
Special Advisory: PamJam Investment Limited (PJAM)
Date: May 22, 2018 PamJam Investment Limited (PJAM) has advised that its Fixed and Floating Rate Corporate Bonds Due 2025 (the “Tranche B Global Bonds”) have been admitted, by way of Introduction, to trading on the JSE’s Bond Market as of May 21, 2018. PJAM placed J$1,492,000,000.00 in secured, Tranche B Global Bonds during the second quarter of 2017. The Tranche B Global Bonds pay interest semi-annually on June 1st and December 1st at a fixed rate of 9.00% per annum for the first four years and a variable interest calculated at 6 month WATBY + 200 bps thereafter. Additionally,
Trade In Shares: Jetcon Corporation Limited (JETCON)
Date: May 22, 2018 Jetcon Corporation Limited (JETCON) has advised that a Director sold 100,090 JETCON shares during the period April 6 to 17, 2018.