Jamaican Teas Subsidiary to Sell Supermarket in Savanna la Mar

Jamaican Teas Limited (JAMT) has advised that JRG Shoppers Delite Enterprise Ltd, a subsidiary of Jamaican Teas Limited, has entered into an agreement to sell the supermarket currently operating in Savanna la Mar under the name of Shoppers Delite. The sale will be effective October 31, 2016. JAMT advised that the value of the sale is not material to the overall assets of the company and the sale will not have a material impact on current operations, but will lead to some improvement in overall operating results in the future.