Desnoes & Geddes Limited (DG) has advised that Mr. Bruce Kidner has been appointed Finance Director of DG. He will commence fully in his role in February 2014.
Desnoes & Geddes Limited (DG) has advised that Mr. Bruce Kidner has been appointed Finance Director of DG. He will commence fully in his role in February 2014.
Hardware & Lumber Limited (HL) has advised that Mrs. Andrea Coy, CEO of HL will demit office effective March 1, 2014 to take up the position of Senior General Manager, Global Category Management in the Grace Foods division of GraceKennedy Limited. Ms. Donna Doran, current HL Chief Financial Officer, will assume the position of Acting CEO of HL effective March 1, 2014. Mr. Jonathan Ruddock, Financial Accountant will, as of March 1, 2014 function as Acting Chief Financial Officer.
The Annual General Meeting of Consolidated Bakeries (Jamaica) Limited (PURITY) will be held on Friday, February 7, 2014 at the Liguanea Club at 10am.
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.