Kingston Properties Limited (KPREIT) enters agreement to acquire commercial units in the Cayman Islands

Posted: September 10, 2021 at 9:16 am

Kingston Properties Limited (KPREIT) today entered into an agreement to acquire three (3) of four (4) pre-construction units in a mixed-use industrial development in the Cayman Islands called Gum Tree 5. The units are slated for completion in October 2022 and are being acquired for a consideration of approximately US$3.13 million. KPREIT has an option […]

 

Barita Investments Limited (BIL) Acquires 20% Stake in Derrimon Trading Company Limited

Posted: February 26, 2021 at 9:24 am

Barita Investments Limited (the “Company” or “Barita”) advised that, following the closing of the oversubscribed Derrimon Trading Company Limited (“DTL” or “Derrimon”) Additional Public Offer (APO) of shares, it now owns 20% of the issued and outstanding common shares of DTL. This minority stake acquisition sees Derrimon becoming an associate company of Barita Investments Limited. […]

 

Pulse Investments Limited’s (PULS) Acquisitions

Posted: February 21, 2020 at 4:14 pm

Pulse Investments Limited’s (PULS) has advised that PULS’ Board is considering the following acquisitions: “A substantial (non controlling) stake in Irie Jam 360 Media, a New York based radio, TV and internet media group, broadcast to a mainly Caribbean market in the tri state area of New York, New Jersey and Connecticut. “A substantial stake […]

 

Jamaica Broilers Group Limited (JBG) – Poultry Processing Plant Acquisition

Posted: September 20, 2019 at 6:44 pm

Jamaica Broilers Group Limited (JBG) has advised as that the Company continues to expand its US operations: Jamaica Broilers Group Limited continues to expand its US Operations through strategic acquisitions. Wincorp Properties, inc., a subsidiary of JBG, concluded the asset purchase agreement of Gentry’s Poultry Company Inc. ( a poultry processing plant located in South […]

 

Kingston Properties Limited (KPREIT) – Secures Loan Financing for Acquisitions

Posted: April 29, 2016 at 4:43 pm

Kingston Properties Limited (KPREIT) has advised that it has recently engaged bankers both locally and overseas to secure financing for its programme of property acquisitions going forward. A total of US$4.5 million has been approved and available for deployment in the local, regional and international markets in keeping with KPREIT`s diversification strategy.In addition, KPREIT recently […]