Trinidad Cement Ltd advised of its rescheduled meeting on Monday, February 9, 2015 at 5:00p.m to be held at the La Boucan Hilton Trinidad & Conference Centre, Lady Young Road, Port of Spain Trinidad.
Trinidad Cement Ltd advised of its rescheduled meeting on Monday, February 9, 2015 at 5:00p.m to be held at the La Boucan Hilton Trinidad & Conference Centre, Lady Young Road, Port of Spain Trinidad.
Energy Company, Jamaica Public Service Company Limited (JPS), received formal approval from the Jamaican Government for its proposal to proceed with the construction of a 190MW plant to replace the company’s existing units at the Old Harbour power station, located on the southern coast of Jamaica.
JPS is pursuing fuel diversification of its power generation fleet (new and existing), consistent with the Jamaica National Energy Policy, to reduce dependence on liquid fuels such as Diesel and HFO#6, in favour of lower cost Natural Gas. A market study undertaken by JPS in 2014 indicated that Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGL’s) such as propane and ethane, are viable options for power generation and can realise significant reduction in the cost of electricity.
JPS has subsequently defined a gas-powered generation project through collaboration with the Electricity Sector Enterprise Team (ESET) established by the Jamaican Government. The project has now received formal approval by the Government and has been awarded to JPS.
The Project is to be located at the existing Old Harbour site and is nominally rated at 190 MW under site conditions (197 MW – new and clean). JPS also seeks to convert the existing Bogue combined cycle project in Western Jamaica to gas fuel as expeditiously as possible. The primary objectives of the projects are to reduce costs, reduce electricity price volatility through establishing fuel diversity, and to provide flexible generation (fast start and ramp), allowing the integration of intermittent resources to further enable the Government’s Energy Policy to provide up to 20% of Jamaica’s energy from renewable generation projects.
The Board of Directors of Carreras Limited has declared an interim dividend of $1.60 per share payable on March 12, 2015 to shareholders on record as at February 20, 2015. The ex-dividend date is February 17, 2015.
The Board of Directors of Scotia Investments Jamaica Limited will consider a dividend payment at a meeting to be held on March 5, 2015.
Salada Foods Jamaica Ltd (SALF) has advised that Mrs. Keshia Nelson-Brown resigned from the Board of Directors of SALF on January 20, 2015.
Access Financial Services Ltd has advised that at its meeting held on January 29, 2015 declared an interim dividend of $0.1821 per ordinary stock unit. Dividend will be paid on March 20, 2015 to stock holders on record as at March 6, 2015. The ex date is March 4, 2015.
Lasco Distributors Ltd has advised that it was appointed distributors of UNILEVER CARIBE for distributing Uniliver home and personal Care products listed below for the territory of Jamaica.
LASCO Distributors will be responsible for the distribution of these Uniliver products effective February 1, 2015.
National Commercial Bank of Jamaica (NCB) has advised that Mr. Lincoln McIntyre, Assistant General Manager - Credit, went on retirement December 11, 2014.
The Annual General Meeting of Scotia Investments Jamaica Limited will be held at the Knutsford Court Hotel, 16 Chelsea Avenue, Kingston 5 on Friday, March 6, 2015 at 2:00 p.m.
An Extraordinary General Meeting of the shareholders of Derrimon Trading Company Limited will be held at the Knutsford Court Hotel, 16 Chelsea Avenue, Kingston 5 on Wednesday 4 February 2015 at 9:30 a.m.