The Annual General Meeting of Derrimon Trading Company Limited will be held at 10:00 a.m. on June 18, 2014, at the Knutsford Court Hotel, 16 Chelsea Avenue, Kingston 5, Jamaica.
The Annual General Meeting of Derrimon Trading Company Limited will be held at 10:00 a.m. on June 18, 2014, at the Knutsford Court Hotel, 16 Chelsea Avenue, Kingston 5, Jamaica.
The Board of Directors of Caribbean Producers Jamaica Limited has advised that effective May 5, 2014 Mr. Roger Williams assumed the position of Chief Operating Officer (COO) of the company. Mr. Williams will be responsible for the company`s manufacturing and distribution operations. Additionally, effective immediately, Ms. Jan Polack, the former COO, has assumed the position of Chief Financial Officer and will oversee the company`s financial and administrative divisions.
The Annual General Meeting of Mayberry Investments Limited will be held on Wednesday, June 18, 2014 at 4:00 p.m. at the Knutsford Court Hotel.
The Annual General Meeting of Montego Bay Ice Company Limited will be held on Wednesday, July 2, 2014 at the company`s registered offices No. 2 Creek Street, Montego Bay, at 4:00 p.m.
The Board of Directors of Supreme Ventures Limited has declared a dividend of $0.09 per share payable on May 29, 2014 to shareholders on record as at May 19, 2014. The ex-dividend date is May 15, 2014.
Desnoes & Geddes Limited (DG) has advised that Mr. Brian Pengelley has resigned as Sales Director of DG effective June 30, 2014. Mr. Pengelley will make his services available as a consultant to DG for a further 6 months ending in December 2014.
Access Financial Services Limited (AFS) has advised that in keeping with an Order of Sykes J. clarifying his previous Order of April 11, 2014, the Board of Directors of AFS by resolution passed unanimously on May 2, 2014, revoked the appointment of Mr. Alexander Johnson to the post of co-CEO. Further the board revoked the powers conferred upon Mr. Johnson by resolution passed on April 14, 2014. The powers that were revoked from Mr. Marcus James, and subsequently conferred on Mr. Johnson, will henceforth vest, remain with and be exercised by the board of directors.
The Annual General Meeting of Jamaican Teas Limited will be held at Jamaican Teas Limited Head Office, 2 Bell Road, Kingston 11, on Wednesday, May 28, 2014 at 3:00 p.m.
Trinidad Cement Limited (TCL) has advised that it proposes to issue Senior Secured First Lien Notes in an aggregate principal amount not exceeding the equivalent of US$325,000,000 to be issued in a Trinidad and Tobago Dollar denominated tranche to be distributed to potential investors in Trinidad and Tobago on a private placement basis, and in a United States Dollar denominated tranche, which will be distributed in the United States of America and Canada on a private placement basis. Approximately US$295,000,000 from the proceeds of the offering is expected to be utilized by TCL to pay existing debt. The remainder of the proceeds of the offering is intended to be used for working capital improvement and to pay all fees and expenses associated with the Offering. The Notes are expected to have a tenor of 7 years and to mature in 2021, at which time the full principal amount will become repayable. Interest on the Notes is expected to be fixed and paid on a semi-annual basis in arrears, commencing approximately 6 months after the issuance of the Notes.
Seprod Limited has advised that Mr. Geoffrey Messado and Dr. Wayne McLaughlin were on the Audit Committee and their resignations which took effect on March 31, 2014 and April 7, 2014 were not in relation to any disagreement in respect of accounting principles or practices, financial statement disclosure or any other material issue impacting the Audit Committee or the members` ability to properly carry out the functions delegated by the board.