The Board of Directors of Kingston Properties Limited will consider the payment of a dividend at a meeting to be held on March 12, 2015.
The Board of Directors of Kingston Properties Limited will consider the payment of a dividend at a meeting to be held on March 12, 2015.
Sagicor Group Jamaica Limited has advised that the meeting to consider and recommend dividends will be held on March 11, 2015.
LASCO Manufacturing Limited (LASM) has advised that Dr. Eileen Chin has resigned as the Managing Director of LASM with effect from March 2, 2015. LASM advised that Mr. Robert Parkins has been employed with effect from March 3, 2015 as the General Manager of the company with responsibility for the day to day operations reporting directly to the Executive Chairman.
Supreme Ventures Limited has advised that the payment date for its ordinary and special dividend has been changed from March 21, 2015 to March 20, 2015.
Proven Investments Ltd (PIL) has advised that it has sold the loan portfolio of Asset Management Company Ltd (AMCL), a subsidiary of Proven Investments Ltd to Access Financial Services Ltd (AFS). The sale follows Proven Investments Ltd purchase of 135, 239, 271 units or 49.27% of participating voting shares in AFS.
After announcing in January that GraceKennedy USA LLC would expand its own distribution in the New York, Atlanta and Florida markets, the company is also now advising of a deal with American beverage giant AriZona Beverages USA, LLC., to distribute its Grace beverages. Under the arrangement which began this month, Arizona will distribute Grace Beverages to convenience stores, independents and on premise locations – including restaurants and bars - across New York and New Jersey, with discussions now in place for distribution to Texas and other states in short order. This agreement will expand the distribution of Grace Beverages beyond the traditional Caribbean and Hispanic trade to the urban mainstream consumer in the US North East. Grace Kennedy USA LLC will continue to distribute Grace Beverages directly to the major retail chains in the North East going forward.
AriZona Beverages USA, LLC., based in Woodbury, New York, is a multi-billion dollar company, which makes Arizona Iced Tea, flavoured waters, juices, coffees, energy drinks and powdered tea mixes. AriZona is the leader in hot-filled beverages for the United States, and its iced tea is also the top-selling ready-to-drink tea in the United States. The company now distributes Grace Tropical Rhythms, the Grace Aloe Drink line, as well as Grace Coconut Water for GraceKennedy USA LLC.
Access Financial Services Limited (AFS) has advised that it has acquired the loan portfolio of Asset Management Company Limited, a subsidiary of Proven Investments Limited (PROVEN). AFS further advised that the purpose of the acquisition is to expand its local customer base and share of market. AMCL through its eZzeeas 123 brand offers consumer and business financing. The acquisition follows PROVEN`s purchase of 135,239,271 units or 49.27% of participating voting shares in AFS.
The Board of Directors of GraceKennedy Limited has declared an interim dividend of $0.75 per share payable on May 18, 2015 to shareholders on record as at April 28, 2015. The ex-dividend date is April 24, 2015.
The Board of Directors of Pan-Jamaican Investment Trust Limited has adopted a Resolution to declare a first interim dividend for the year 2015 in the amount of $0.70 per share payable on March 31, 2015 to shareholders on record as at March 13, 2015. The ex-dividend date is March 11, 2015.
The Board of Directors of Sterling Investments Limited has declared a dividend of $1.82 per share payable on March 20, 2015 to shareholders on record as at March 6, 2015. The ex-dividend date is March 4, 2015.