Carreras (CAR) has advised that the Board of Directors declared an interim dividend of two dollars ($2.00) per share unit, payable on June 25, 2015 to shareholders on record as at June 11, 2015. The ex-dividend date is June 9, 2015.
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Mayberry Investments Limited Increases its holdings in Lasco Financial to 20% Published: 08 June 2015
Mayberry Investments Limited (MIL) announced that it has increased its holdings in Lasco Financial Services (LASF) to 20%. In a transaction completed this morning, Mayberry increased its number of shares in LASF to 245,620,598 or 20% of the total shares in issue.
Hon. Lascelles Chin, Chairman of the Lasco Affiliated Companies, welcomes the partnership with Mayberry and looks forward to the opportunity for growth that it will present. "We are delighted to be partnering with Mayberry, a formidable company in the financial industry. They have an excellent track record in helping companies develop to their maximum potential, and we expect no less from them with this partnership. This is one of the many exciting reasons for this partnership".
According to Mayberry CEO, Gary Peart, “In Lascelles Chin and LASF, we’ve identified a partner that shares not only our core values, but also our strong work ethic and commitment to unlocking the financial potential of businesses”.
LASF started operations in 2004 as a Licensed Cambio Service Provider and Remittance Service Provider. The company, which is managed by Jacinth Hall-Tracey, has now expanded its suite of offerings to include loans, bill payments and courier services. It was recently recognised as the MoneyGram Agent of the Year for the Caribbean.
Peart, along with Mayberry executive chairman, Christopher Berry, will be appointed to the LASF Board of Directors.
Mayberry, celebrating its 30th year in operation, posted a net profit of $726 million for its 2014 financial year. The company is a full service financial advisory and brokerage firm whose offerings include asset management, stocks and bonds trading, cambio and investment banking services.
Medical Disposables & Supplies Ltd. (MDS) Dividend Consideration Published: 08 June 2015
MDS has advised the Board of Directors will meet on May 28, 2015 to consider an interim dividend payment.
Access Financial Services (AFS) Discontinuation of Legal Action Published: 08 June 2015
Access Financial Services Ltd., has advised that the Board of Directors has taken the decision to discontinue the legal action that was brought by the Company against the CEO Marcus James, Nenan Ltd., Renew Ltd., and Neville James relating to the expenditure for the refurbishing of the Company’s head office building located at 41A and 41B Half Way Three Road.
The decision was taken after the CEO Marcus James agreed that he would discontinue the suits that he had filed against the Company and former Directors of Access Financial Services Limited.
Pan-Jamaican Investments Trust Ltd. Declared Dividend Published: 22 May 2015
Pan-Jamaican Investments Trust Limited ( PJam) advised that at a Board of Directors meeting held on May 14, 2015 declared a second interim dividend of seventy cents ($0.70) per stock unit, payable on June 19, 2015 to shareholders on record as at June 1, 2015 and the Ex-date is May 28, 2015.
Access Financial Services Limited Declared Dividend Published: 22 May 2015
Access Financial services Limited ( AFS) advised that at a board of directors has approved a dividend to its ordinary shareholders in the amount of fifteen cents ($0.15) per stock unit, payable on June 18, 2015 to shareholders on record June 4, 2015. Ex-date June 2, 2015.
Eppley Limited Declared Ordinary Shares Dividend Published: 22 May 2015
Eppley Limited ( EPLY) advised that at a Board of Directors meeting held on May 12, 2015 an ordinary dividend of nine dollars ($9.00) per stock was declared. Payment will be made on June 2, 2015 to shareholders on record at May 26, 2015. X-date May 21, 2015
National Commercial Bank Ja. Ltd. (NCBJ) Securitization of Merchant Voucher Receivables Published: 22 May 2015
NCBJ has advised that they have successfully completed the securitization transaction. The transaction closed on May 18, 2015 and generated financing of US$250,000,000.00 via issuance of notes backed by future flows derived from international merchant voucher receivables acquired by NCBJ in Jamaica.
The notes were issued by Jamaica Merchant Voucher Receivables Limited, a special purpose vehicle incorporated under the laws of the Cayman Islands, in private placement within the United States to qualified institutional buyers. The notes were assessed by Fitch, Inc. and achieved a BB+ rating.
The notes have not been registered under the Securities Act of Jamaica and may not be offered or sold in Jamaica without registration or an applicable exemption under the said Securities Act and regulations.
Seprod Limited - Dividend Declaration Published: 15 May 2015
The Board of Directors of Seprod Limited has declared a dividend of sixty cents ($0.60) per share, payable on July 3, 2015 to shareholders on record as at May 29, 2015. The ex-dividend date is May 27, 2015.
Scotia Group Jamaica - Resignation Published: 15 May 2015
Scotia Group Jamaica Ltd.(SBJ) has advised that Mrs. Monique Todd, Vice President Marketing Public & Corporate Affairs, has resigned from The Bank of Nova Scotia Jamaica Limited subsidiary of Scotia Group Jamaica Limited effective April 30, 2015.