Salada Foods Jamaica Limited (SAL) has advised that the distribution agreement between SAL and T. Geddes Grant (Distributors) Limited representing the Musson Group ended on December 31, 2013. On January 2, 2014 Lasco Distributors Limited was appointed Exclusive Distributors to distribute all the Salada branded products island-wide.

The Board of Directors of Carreras Limited has declared a special interim capital cash distribution of $1.18 per stock unit to be paid out of proceeds received from the liquidation of a subsidiary, pending the granting of a transfer tax exemption pursuant to the Transfer Tax Act. The special capital cash distribution will be paid on January 30, 2014 to shareholders on record as at January 17, 2014. The ex-dividend date is January 15, 2014.

Caribbean Flavours & Fragrances Ltd. (CFF) has informed the Jamaica Stock Exchange that its Annual General Meeting will be held Wednesday, February 19, 2014 at the Knutsford Court Hotel beginning at 9:30 am.

Professor Gordon Shirley's appointment as the new Chairman of GraceKennedy's (GK) Board took effect on January 1, 2014. In assuming his new post, Professor Shirley has vacated his roles as a member of the company's Audit Committee and Chairman of the Corporate Governance & Nomination Committee. Consequently, Mrs. Gina Phillipps Black, noted attorney-at-law and GraceKennedy Board member since February 2012, has been appointed the new Chair of the Corporate Governance & Nomination Committee of the Board.

Supreme Ventures Limited (SVL) has advised that it has decided to make redundant the position of AVP Facilities and Maintenance which primarily dealt with its recently closed Montego Bay operations. Accordingly, Mr. Nigel Warmington demitted office effective January 6, 2014.

The next Annual General Meeting of AMG Packaging & Paper Company Limited will be held at 9 Retirement Crescent, Kingston 5 on Tuesday, February 4, 2014
at 10 a.m.

The Board of Directors of Barita Investments Limited (BIL) has passed a Board Resolution for an interim dividend of $0.03 per stock unit to be paid on January 27, 2014 to shareholders on record as at January 10, 2014.  The ex-dividend date is January 8, 2014.

National Commercial Bank Jamaica Limited has advised on December 16, 2013 that the acquisition of AIC Finance Limited by NCB Capital Markets Limited has now been completed.

AIC Finance Limited was incorporated in the Republic of Trinidad and Tobago and held licenses under the Financial Institutions Act, 1993, as a financial institution with authority to undertake businesses as: finance house/finance company, confirming house/acceptance house, leasing corporation, mortgage institution and bureau de change.  Today the business accepts deposits, originates finances and services loans and leases, invests in investment securities, including certificates of participation in asset backed securities, and provides foreign exchange and trustee services.

Steven Gooden, CEO NCB Capital Markets shares what the acquisition represented for the enterprise: “We are seeking to expand to regional markets and grow our business through mergers and acquisitions.  This is another transaction that has strategic alignment with vast customer-value potential as well as realization of organizational vision.”

Gooden further stated, “Our goal at NCB Capital Markets is to continue to drive and secure wealth for all our stakeholders and we are proud of this milestone achievement for our Group.”

The Board of Directors of Sagicor Investments Jamaica Limited, at its Board meeting reconvened on December 18, 2013, declared an interim dividend in the amount of $0.91 per stock unit payable on January 28, 2014 to stockholders on record as at January 7, 2014 with an ex-dividend date of January 3, 2014.

The Board of Directors of AMG Packaging & Paper Company Limited will consider the payment of an interim dividend at a meeting scheduled for Tuesday, January 7, 2014.