In furtherance of the of the previously announced ‘back office’ joint venture to administer their employee benefit business, First Life and Life of Jamaica Ltd. have signed a Co-Insurance Agreement under which each company will insure half of the Group Insurance portfolio of the other. First Life and Life of Jamaica will now share equally, […]
Mr. Brain Young- incumbent Local Director has been appointed Chairman and Mr. Tim Nafzinger has been appointed Director effective November 22, 2002.
The Board of Directors approved an interim dividend of 55 cents per stock unit payable on December 20, 2002 to stockholders on record at December 6, 2002.
The Directors of the Bank have approved the payment of an interim dividend of five cents (J$0.05) per stock unit, from retained earnings as at June 30, 2002 to be paid on December 23, 2002 to stockholders on the register as at December 13, 2002 .
An interim dividend of 5 cents (0.05) per stock unit will be paid on December 20, 2002 to stockholders on record as at close of business on December 5, 2002.
The company has made an offer to Island Life’s existing ordinary shareholders of three (3) new ordinary shares in Life of Jamaica in exchange for each one (1) ordinary share in Island Life transferred to LOJ.
Mr. David Henriques has resigned as Director of the company . This was tabled at the Meeting of the Board held on November 21, 2002. The following resolution was passed: That a dividend of 30.5 cents be paid on each stock unit of paid up capital stock of the company to the shareholders on record […]
Miss Tanya Allgrove, Mr. Michael G. Bernard and Mr. Pancha Sankaran were appointed to the Board on November 15, 2002.
The Board has declared a second interim dividend by way of capital distribution of 24 cents per stock unit to shareholders on record as of December 6, 2002. Payment date is December 20, 2002
A meeting of the Board of Directors of the company will be convened on November 19, 2002 and, if thought fit, to consider and recommend that a bonus issue of 71,440,798 ordinary shares be made.