NEWS RELEASE
FOR: IMMEDATE RELEASE
FOR: MAYBERRY INVESTMENTS LIMITED (MIL)
December 3, 2010
CARGO HANDLERS OFFER CLOSED
Kingston: Mayberry Investments Limited (MIL), lead financial adviser and sole broker to Cargo Handlers Limited (Cargo Handlers) for the purposes of its proposed admission to the Junior Market of the Jamaica Stock Exchange, is advising the public that the Invitation to subscribe for up to 8,318,340 shares in Cargo Handlers has closed as at 9:01 a.m. this morning.
Based in Montego Bay, Cargo Handlers and its stevedores provide an essential service, namely cargo loading and unloading at the Montego Freeport. The Company contracts directly with the shipping lines that come into the Freeport and its stevedores load and unload both containerised and bulk cargo, of which cement, steel, and lumber form the largest part.
If its application for admission to the Junior Market is successful, Cargo Handlers will be the seventh firm that MIL listedon the Junior Market since that trading platform in April 2009. To date, there are six firms listed on the Junior Market.
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CONTACT: Dennise Williams TEL: 564-2493 E-mail: dennise.williams@mayberryinv.com
