Key Insurance Company Limited (KEY) – Final Basis of Allotment

January 18, 2021 at 6:00 pm

Key Insurance Company Limited (KEY) has advised of the Closing and Basis of Allotment of up to 190,863,000 New Ordinary Shares to subscribers of the Renounceable Rights Issue at a subscription price of J$3.50 per share. The Offer, made subject to the Circular Letter of Key, dated the 11th day of December 2020, closed successfully […]
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Key Insurance Company Limited (KEY) – Preliminary Basis of Allotment

January 15, 2021 at 9:26 am

Key Insurance Company Limited (KEY) has advised of the successful closure of KEY’s Renounceable Rights Issue of up to 190,863,000 New Ordinary Shares. The preliminary basis of allotment will be as follows: 1. Existing Ordinary Stockholders were allocated 100% of their provisional allotment of New Ordinary Shares 2. Existing Ordinary Stockholders were allocated 100% of their […]
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Prime Minister, the Most Honourable Andrew Michael Holness, O.N., M.P. – Keynote Speaker at the JSE’s Regional Investments & Capital Markets Conference 2021

January 12, 2021 at 11:58 am

Prime Minister the Honourable Andrew Holness will be the Keynote Speaker at the JSE's 16th Annual Conference on Tuesday, January 26, 2021.
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Proven Investments Limited (PROVEN) – Upsize of Additional Public Offer (APO)

January 18, 2021 at 1:50 pm

Proven Investments Limited (PROVEN) has advised that based on the applications for subscriptions already received, the Company will be exercising its right to upsize the Additional Public Offering (APO) in respect of its New Ordinary Shares: “Pursuant to the Prospectus dated December 23rd, 2020, this will enable PIL to accept additional applications in excess of […] Read More

JSE Launched Private Market with $7B Listing Prospect

January 12, 2021 at 5:27 pm

The Jamaica Stock Exchange (JSE) on January 11, launched the Private Market portal, a service which provides a platform for listing and trading of private securities. Currently, private securities, registered with the Financial Services Commission (FSC), are traded “Over the Counter” (OTC) between licensed brokers. The Private Market portal is geared towards increasing market participation […] Read More

Sygnus Credit Investments Limited (SCI) – Basis of Allotment for the Additional Public Offer (APO) of Ordinary Shares

January 11, 2021 at 2:35 pm

Sygnus Credit Investments Limited (SCI) has advised that the Additional Public Offer (APO) of ordinary shares in the Company was oversubscribed and SCI has exercised the option to upsize the Invitation to 240,887,900 New Ordinary Shares, reflecting a 54% upsize to the maximum allowed y the Prospectus dated, December 11, 2020. The Basis of Allocation […] Read More

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