First Life – Joint venture with LOJ

Posted: July 17, 2002 at 12:00 am

The Boards of Directors of First Life and Life of Jamaica have agreed to form a joint-venture that will carry out the administrative functions to support the Group Life, Health, Annuity, Personal Accident and Pension businesses of both companies. An arrangement like this, called Third Party Administration, (TPA) is commonplace in North America and Europe […]

 

Caribbean Cement – Chairman Goes

Posted: July 17, 2002 at 12:00 am

At the Annual General Meeting of TCL Holdings Ltd. held on July 17, 2002 Mr. Arthur Lok Jack’s appointment as a director of the company was revoked, having regard to the loss of confidence in his ability to carry out his duties as a director of TCL Holdings Ltd. Mr. Lok Jack has tendered his […]

 

Trinidad Cement Ltd. – Director resigns

Posted: July 17, 2002 at 12:00 am

At the Annual General Meeting of TCL Holdings Ltd. held on July 17, 2002 Mr. Arthur Lok Jack’s appointment as a director of the company was revoked, having regard to the loss of confidence in his ability to carry out his duties as a director of TCL Holdings Ltd. Mr. Lok Jack has tendered his […]

 

Life of Jamaica – New Auditors

Posted: July 9, 2002 at 12:00 am

Included in the notice of Annual General Meeting will be the following item of business: that PricewaterhouseCoopers are appointed auditors of the company in place of retiring auditors KPMG Peat Marwick to hold office until the conclusion of the next annual general meeting of the company and that the Directors are authorised to fix the […]

 

Trinidad Cement Ltd. – Offer to shareholders

Posted: June 25, 2002 at 12:00 am

On June 24, 2002, Cemex S.A.,de C.V. (“CEMEX”), through its wholly owned indirect subsidiary, Cetacea investments Limited, presented to Shareholders of TCL a written conditional offer to acquire 249,765,136 issued and fully paid ordinary shares, with no par value, of TCL, representing 100% of the total issued share capital of TCL. Sierra currently owns 49,953,027 […]

 

Ja. Producers Gp. – Interim Dividend

Posted: June 13, 2002 at 12:00 am

The board approved the payment of an interim dividend by way of Capital Distribution of 20 cents per share to shareholders on record as at June 28, 2002. Payment date is August 2, 2002.

 

Montego Bay Ice – Dividend

Posted: June 5, 2002 at 12:00 am

At a meeting of the Board of Directors of the company held on May 15, 2002, a dividend of one hundred percent (100%) of the par value was declared amounting to $0.20 cents, on all ordinary stocks on record as of June 17, 2002. Payment date is July 15, 2002.

 

CIBC (Ja.) – Interim Dividend

Posted: June 4, 2002 at 12:00 am

At a Board of Directors meeting held on, June 4, 2002, a Resolution was passed that an interim dividend of 10 cents per share payable on July 24, 2002, to shareholders on record as at July 5, 2002 for the six months ended April 30, 2002.