General Accident Co. Jamaica Ltd (GENAC) has advised that the Board of Directors will be meeting on March 26, 2015 to consider the payment of a dividend to stockholders.
General Accident Co. Jamaica Ltd (GENAC) has advised that the Board of Directors will be meeting on March 26, 2015 to consider the payment of a dividend to stockholders.
The Board of Directors of Sterling Investments Limited declared a dividend of $1.82 per share payable on March 20, 2015 to shareholders on record as at March 6, 2015, based on the number of shares in issue prior to the stock split. The company will pay this dividend in United States Dollars. The Bank of Jamaica`s weighted average sell rate as at March 6, 2015 (J$115.55) will be used to calculate the USD equivalent payable to shareholders. The dividend per share in USD terms is US$0.01575.
Kingston Properties Ltd has advised that the Board of Directors at its round robin on March 12, 2015 declared a dividend of US$0.0029 per stock unit payable on April 8, 2015 to stockholders on record as at March 26, 2015. The Ex date is March 24, 2015.
Mayberry Investments Limited (MIL), investment banker and lead broker to Derrimon Trading Company Limited (the "Company") in the Invitation for Subscription for 125,000,000 new preference shares in the capital of the Company (the "Shares") at the price of $2.00 per Share, made subject to a prospectus of the Company dated Friday 20 February 2015, is advising the public that the Invitation has been closed as of this afternoon, Thursday 12 March at 3:30 pm.
The Company will advise Applicants of the basis of allotment of the Shares by Tuesday 17 March 2015, in accordance with the Junior Market Rules of the Jamaica Stock Exchange. The Company has made application to list the Shares on the Junior Market of the Jamaica Stock Exchange but makes no guarantee that the Shares will be so listed.
Sagicor Group Jamaica Ltd (SJ) has advised that the Board of Directors at its meeting held on March 11, 2015 approved a resolution to declare an interim dividend of $0.39 per share payable on April 10, 2015 to shareholders on record as at the close of business on March 25, 2015. Ex dividend date is March 23, 2015.
Jamaica Broilers Group Ltd has advised that Mr. Edward Z. Barber has been appointed as a Director of the Company effective March 5, 2015.
Proven Investments Limited has advised that at a meeting of the Board of Directors held on February 9, 2015, the Board approved the issuance of: (a) A Renounceable Rights Issue of 1 new ordinary share of US$0.01 each in the capital of the Company for every block of 3 ordinary shares held at a subscription price of US$0.16/JA$18.50 per share; and (b) A further conditional offer of a maximum of 122,896,618 additional new ordinary shares of US$0.01 each in the capital of the Company at a subscription price of US$0.16/JA$18.50 per share. The record date for the Rights Issue has been set for March 20, 2015.
Scotia Investments Jamaica Ltd (SIJL) has advised that the Board of Directors has declared a dividend of 45 cents per stock unit payable on April 17, 2015 to stockholders on record as at March 25, 2015. The ex-dividend date is March 23, 2015.
The Board of Directors of Scotia Group Jamaica (SGJ) has declared a dividend of 40 cents ($0.40) per stock unit payable on April 17,2015 to stockholders on record as at March 25, 2015. The ex-dividend date is March 23, 2015.
Jamaica Broilers Group Ltd (JBG) has advised that a meeting of the Board of Directors of the Company will be held on Friday, March 27, 2015 to consider the declaration of a dividend.