At a joint press conference at the Terra Nova Hotel on January 8, 2004, by Pan Caribbean Financial Services Ltd. (PCSF) and Manufacturers Investments Ltd. (MIL) the parent company of Manufacturers Sigma Merchant Bank (MSMB), it was announced that a binding agreement to merge the two institutions was signed on December 31, 2003. Due diligence […]
The Boards of Directors of Life of Jamaica and First Life Insurance company advise that the companies are in discussion with respect to further alliances between the two companies. The Boards of Directors will be reviewing the proposal at their January Board meetings and further a press release will be issued after those meetings.
The Jamaica Stock Exchange (JSE) and the Jamaica Central Securities Depository (JCSD) wish to advise the investing public and all shareholders that effective January 1, 2004 the JCSD’s user fees will be as follows:1. Equity Transaction Fees(i) Deposit Fees – $55 ( for the first 10 certificates per deposit/per company) plus $60 for each additional […]
At the AGM of Radio Jamaica Ltd. held at the Hilton Hotel on December 22, 2003, the following resolutions were passed: (1) To receive the Accounts for the year ended March 31, 2003 and the reports of the Directors and Auditors thereon. (2)To elect Directors. (3)To re-appoint the Auditors and to authorize the Directors to […]
On September 26, 2003 the Board will consider an interim dividend payment of 10 cents per stock unit payable to stockholders on record at the close of business on October 6, 2003. The XD date is October 2, 2003.The payment date is to be decided.
At the Board of Directors meeting held December 18, 2003 a final dividend in respect of 2003 of 21 cents per share was approved and is payable on January 19, 2004 for shareholders on Record as at January 7, 2004. The XD date is January 5, 2004.
The decision was taken to hold an Extraordinary General Meeting on January 21, 2004 to seek shareholders approval to authorize that 20,123,656 shares in the company be issued to the Government of Jamaica or its nominee.
The Directors of Carreras Group have resolved to return the focus of the Group to cigarettes and other tobacco products. To this end, Carreras will resume the manufacture and distribution of cigarettes and other tobacco products. The Cigarette Company has accepted an offer from Carreras to buy all of Cigarette Company of Ja.’s fixed assets, […]
Thomas Phillips resigned from the Board of Cable & Wireless (Ja.) on November 13, 2003.
The Board of Directors of Life of Jamaica Ltd. at its meeting , scheduled for December 22, will consider a resolution to declare a second interim dividend.