First Life – New Directors on Board

Posted: May 10, 1999 at 12:00 am

At a meeting of the Board of Directors on May 6, the following persons were appointed to the Board: Stephen B. Facey; Donovan Perkins and Mrs. Joan Morrison.


Caribbean Cement – Rights Issue

Posted: May 6, 1999 at 12:00 am

The Board passed the following resolution on May 6: That the Directors hereby approve the increase in the issued share capital of the Company by an issue of such number of ordinary shares of fifty cents each as may be determined by a Committee to be named, such new shares to be offered at a […]


Goodyear Jamaica – Gets a New M.D.

Posted: May 3, 1999 at 12:00 am

The following appointments were made to the Directors of the company: Mr. Peter Graham – Managing Director Mr. Ian McNaughton – Financial Controller/Secretary Mr. Kenneth O. Earhart – Director Finance Mr. Eduardo Fortunato – Director, Sales Mr. John Richardson – Director Mr. Bert Bell – Assistant Secretary


Seprod – Capital Distribution

Posted: May 3, 1999 at 12:00 am

At a meeting of the Board of Directors it was resolved that a Capital Distribution of sixty-five cents per share (less Transfer Tax) be paid to all shareholders on record as at May 17, 1999 and that the payment date be June 7, 1999.


CIBC WI – Acquires Cayman Island Operations

Posted: April 30, 1999 at 12:00 am

The company has acquired the retail banking operations of CIBC Bank and Trust Company (Cayman) Ltd. As consideration, CIBC WI Holdings Ltd. will issue 171.5 million shares in exchange for 8.625 million Class “B” shares of CIBC Bank and Trust Company (Cayman) Ltd., which represents an ownership interest of 51%. Approvals from the relevant authorities […]


Cable & Wireless – Share Capital Increase & Dividend

Posted: April 28, 1999 at 12:00 am

An interim dividend of four cents per stock unit is to be recommended at the AGM for payment on May 28, 1999 to shareholders registered at the close of business on May 5, 1999. An increase in share capital from $9 billion to $11 billion as well as a two for 11 bonus issue is […]


Ja.Producers Gp. – Interim Dividend

Posted: April 27, 1999 at 12:00 am

At the Board of Directors meeting on April 27 the payment of a first interim dividend by way of Capital Distribution was approved. The amount is 20 cents per stock unit to stockholders on record on May 14, 1999.


Ja.Broilers Gp. – Joint venture operation closed

Posted: April 26, 1999 at 12:00 am

The company has advised that it has made the decision to close its joint venture poultry operation in the United Kingdom. The company, Pershore Poultry Ltd., has been experiencing continuing losses over the last two years due to changed market conditions. High volumes of imported products from other European countries and more recently from Thailand […]


Desnoes and Geddes -Sale of Shares

Posted: April 23, 1999 at 12:00 am

Effective March 01, 1999 the company entered into an agreement to sell its interest of 1,250,000 ordinary shares (5%) in Antigua Brewery Limited for EC$750,000.00