JSE Market Roundup: Delayed Filings Amidst Director Appointments and Dividend Hopes
- Last Week, the Jamaica Stock Exchange (JSE) had a mix of regulatory and strategic headlines, featuring an update on Edufocal’s delayed financials, key governance changes at two companies and dividend considerations.
- EduFocal Limited (LEARN) remains under regulatory scrutiny, after advising of a further delay in filing its Audited Financial Statements for 2024, which were originally due in March. The company has formally requested an extension to submit the completed financials by October 30, 2025. Trading activity of its ordinary shares remains suspended.
- Edufocal’s experience mirrors that of Kintyre Holdings Limited (KNTYR), which also faced challenges submitting timely financials. The experiences of both companies underscore the challenges that smaller companies often face in meeting the regulatory and governance requirements of being listed. Meanwhile, Jamaica Broilers Group Limited (JBG) 2025 Audited and Q1 2026 financial statements remain outstanding due to its ongoing review of its US operations. The company now anticipates that these submissions will be made on or before October 31, 2025.
- Additionally, two companies announced new directors: Knutsford Express Services Limited (KEX) appointed Mr. Larren Peart as an Independent Director. At the same time, Caribbean Assurance Brokers Limited (CABROKERS) welcomed Ms. Odene James to its board, reflecting a push toward enhanced governance and expertise.
- Lastly, Mayberry Group Limited (MGL) and A.S. Brydens & Sons Holdings (ASBH) had dividend updates. MGL announced that its Board of Directors will meet on October 23, 2025, to formally consider the payment of a dividend to Ordinary Shareholders, while ASBH declared preference dividends of US$0.0150 for preference shareholders on record as at October 31, 2025. ASBH’s preference dividends will be paid on November 14, 2015.
(Source: JSE)
