Sagicor Bank Jamaica Limited has advised that their Board of Directors, at its meeting held on December 4, 2017,  confirmed the appointment of Ms. Chorvelle Johnson as the Bank’s Chief Executive Officer (CEO), subject to Regulatory Approval.  The appointment becomes effective January 29, 2018.

The Bank further advised that as CEO, Ms. Johnson will be appointed to sit on Board as a non-Executive Director.

“The Board welcomes Ms. Johnson to the position,” states the Bank.

Supreme Ventures Limited (SVL) has advised that Mr. Dennis Chung has been appointed SVL’s Chief Financial Officer, effective February 1, 2018.

Jamaica Producers Group Limited (JP) has advised that its Board of Directors has declared that an interim capital distribution of JA$0.10 per share unit (less transfer tax at the applicable rate) to be paid to all shareholders on record as at the close of business on December 22, 2017. The date of payment is January 18, 2018. The ex-dividend date is December 21, 2017.

LASD has advised that in the matter of Pfizer Limited vs LASD, the formal order was signed by Honourable Mrs. Justice Vivene Harris and filed on November 24, 2017. The amount awarded for damages and interest up to the 3^rd November, 2017 was J$273,278,243.00.

LASD has further advised of its intention to file an appeal and will inform of the progress being made in the matter.

Jamaica Stock Exchange (JSE) has advised that at a meeting of their Board of Directors  to be held on November 15, 2017, the directors will consider the payment of an interim dividend.

Seprod Limited (SEP) has advised that the Board of Directors at a meeting scheduled for November 15, 2017, will consider payment of a dividend.

Jamaica Public Service Company Limited (JPS) has declared quarterly preference dividends payable on December 29, 2017 to shareholders on record as at December 15, 2017 on the undermentioned classes of Preference Shares:

(a)  7% Cumulative Preference Shares “B” – $0.035
(b)  5% Cumulative Preference Shares “C” – $0.025
(c)  5% Cumulative Preference Shares “D” – $0.025
(d)  6% Cumulative Preference Shares “E” – $0.03

The ex-dividend date is December 13, 201

Supreme Ventures Limited (SVL) has advised of the following changes to the composition of its Board following a meeting held on November 7, 2017:

Resignation:

• Independent Non-Executive Director  Mr. Peter Chin has resigned as a Director of the Company, and consequently, as Chairman of the Audit Committee.

Appointment:

• Independent Non-Executive Director Mr. Ansel Howell has been appointed as a member of the Audit Committee.
• Mr. Peter McConnell has been appointed as a Non-Executive Director to fill a casual vacancy, effective November 7, 2017.
• Mr. W. David McConnell has been appointed as a Non-Executive Director to fill a casual vacancy, effective November 7, 2017.

SVL further advised that the Chairman of the Audit Committee will be decided at the next meeting of the Board of Directors and that the Deputy Chairman, Mr. Ian Levy, will continue to act as the Board’s Chairman until the Board elects a new Chairman.