Latest News

PJAM and FJI Published: 09 May 2011

Pan-Jamaican Investment Trust Limited has advised that at a Board of Directors meeting scheduled for Thursday, May 12, 2011, the Directors will consider the payment of an interim dividend for the year 2011.

Berger Paints declares dividends to shareholders Published: 26 April 2011

The Board of Directors of Berger Paints Jamaica Limited (BRG), at its meeting held on April 21, 2011 declared a final dividend of $0.12 payable on July 25, 2011 to stockholders on record as at July 8, 2011. The ex-dividend date is July 6, 2011.

 

SVL announces approval of extension to the Lottery Gaming License Published: 12 April 2011

Supreme Ventures Limited (SVL) has announced the approval of an extension to the Lottery Gaming Licence for its subsidiary company Supreme Ventures Lotteries Limited (SVLL), to the year 2026. The approval was granted by the Betting, Gaming & Lotteries Commission (BGLC). The approval of the lottery gaming licence extension was also accompanied by amendments to the Conditions of the Lottery Licence. Under the new terms, SVL is required to invest at least US$5Million (approximately J$450Million) in upgrading and expanding its lottery and gaming operations in Jamaica.

 

 

Pegasus passes resolutions Published: 06 April 2011

At a meeting of the Board of Directors of Pegasus Hotels of Jamaica Limited (PEG) held on March 28, 2011, resolutions were passed in regards to the proposed Lease of the Hotel and Sale Agreement for purchase of fixed assets of PEG by Surrey Hotel Management Limited, a company owned and operated by the majority shareholder:

a. That the Company lease its Hotel and real property to Surrey Hotel Management Limited.

b. That the company enter into a Sale Agreement with Surrey for the furniture fixture and equipment associated with the Hotel at the current book value of these assets on the terms negotiated.

c. That the parties use their best efforts to finalise and report to the Board on the terms of the above Lease and Sale Agreement on or before April 28, 2011.

d. That a sub-committee comprising Milton Samuda, Rev. Denzil Barnes and Alston Douglas be and is hereby appointed to conduct the negotiations in relation to the lease and sale agreement with Surrey on behalf of the Company.

e. That the company (with the guidance and help of a sub-committee to be appointed by the Chairman) shall take all necessary steps required for the closure of the Hotel after the signing of the Lease and Sale Agreement.

 

 

Lascelles' director announces Published: 01 April 2011

The Board of Lascelles deMercado & Co. Limited (LdM) has advised that Mr. Jason Abrahams has resigned as a Director of the company and as a Member of the Audit Committee, both effective the 31st March 2011.

SDBG announces that it has entered into an agreement with a non related party Published: 01 April 2011

Scotia DBG Investments Limited (Scotia DBG) has announced that it has entered into an Agreement effective March 31, 2011 for the sale of its shares of Asset Management Company Limited (AMCL) to a non-related party. AMCL is a wholly owned subsidiary of Scotia DBG which does consumer financing under the "Easy Own" brand.

 

MIL declares dividends Published: 01 April 2011

The Board of Directors of Mayberry Investments Limited (MIL) has declared a dividend of $0.08 per share payable on April 18, 2011 to shareholders on record as at April 13, 2011. The ex-dividend date is April 11, 2011. MIL has advised that during the period March 21 - 25, 2011, a related party to a director sold a total of 12,512 MIL shares.

 

Lascelles annouces retirement of directors Published: 31 March 2011

The Board of Directors of Lascelles, deMercado & Co. Limited (LAS) has announced the respective retirements of its Group Managing Director, the Hon. William McConnell, and its Group Finance Director, Mr. Anthony Bell, both effective June 30, 2011.The Company further announced that the successors to their positions will be announced in short order.

 

GHL declares dividends to shareholders Published: 31 March 2011

The Board of Directors of Guardian Holdings Limited (GHL) has declared a dividend of TT$0.33 per share payable on April 29, 2011 to shareholders on record as at April 12, 2011. The ex-dividend date is April 8, 2011.

JMMB declares dividends to shareholders Published: 25 March 2011

Jamaica Money Market Brokers Limited will pay dividends of $0.021875 per share and $0.024792 per share on its 8.75% and 8.50% preference shares respectively on April 7, 2011 to shareholders on record as at March 25, 2011. The ex-dividend date is March 23, 2011.