CIBC W.I. – Resignations and appointments

Posted: June 25, 1997 at 12:00 am

The following are resignations and appointments of Directors at CIBC W.I. Holdings Ltd. and CIBC Caribbean Ltd.: Mike Pedersen and Ronald Huggins of CIBC W.I. Holdings were appointed on May 29, 1997 and Shastrie Ablack and John Lowry of CIBC Caribbean Ltd., resigned on May 29, 1997.

 

Posted: June 19, 1997 at 12:00 am

Desnoes and Geddes on April 2, 1997 announced 1996 profit before tax of J$28 million compared to a loss of J$112 million for 1995. Turnover increased by J$966 million on the previous year to J$5.581 billion for 1996. Earnings per share improved to a loss of (16) cents compared to a loss of (64) cents […]

 

Carreras – Final Dividend

Posted: June 19, 1997 at 12:00 am

At a meeting of the Board of Directors, the Directors agreed to recommend to the forthcoming Annual General Meeting scheduled to be held on September 15,1997 and that a Final Dividend of 65 cents per stock unit (less income tax) be declared payable on the issued stock. Payment date is October 16, 1997 to stockholders […]

 

Berger – Twenty-five cents dividend

Posted: June 12, 1997 at 12:00 am

The annual general meeting of the company will be held on June 27, 1997 at 2:30 p.m. at the Wyndham Kingston Hotel. A recommendation will be laid before the ordinary stockholders at the meeting that a dividend of 25.6 cents per ordinary stock unit be paid in respect of the year ended December 31, 1996 […]

 

RJR – Acquisition of JBC

Posted: June 12, 1997 at 12:00 am

RJR is finalizing arrangements with the Government and it now appears likely that the negotiation of arrangements for the acquisition of JBC-TV and Radio-2 by RJR will be concluded on June 12. Broad agreements in principle have been reached between Government and RJR and finalization of a formal contract is expected on June 12.

 

Dyoll – Co. suffers $211.3 million loss

Posted: June 10, 1997 at 12:00 am

Chairman’s Report: results at 31, December 1996 Dyoll has, like many other companies in Jamaica, been affected by the Government’s economic policies. Government must be commended on the dramatic reduction in inflation but the methods used to achieve this, together with other policy measures, has left the local financial sector in a weakened condition. In […]

 

Hardware & Lumber – Final Dividend

Posted: June 5, 1997 at 12:00 am

The Board of Directors has recommended that a Final Dividend for 1996 of ten cents per share be paid to ordinary shareholders on September 19, 1997. Record date is September 5, 1997, subject to approval at the annual general meeting. The proposed date for the AGM is August 21, 1997.

 

Kingston Wharves – Director Replaced

Posted: June 5, 1997 at 12:00 am

At the Board meeting on May 26, 1997 Mrs. Eleanor Henry was appointed a Director to replace David Bishop who had resigned.

 

D&G – Capital Incr. to J$207.5 million

Posted: June 4, 1997 at 12:00 am

Desnoes and Geddes on April 2, 1997 announced 1996 profit before tax of J$28 million compared to a loss of J$112 million for 1995. Turnover increased by J$966 million on the previous year to J$5.581 billion for 1996. Earnings per share improved to a loss of (16) cents compared to a loss of (64) cents […]

 

CIBC W.I. Interim Dividend Declared

Posted: May 30, 1997 at 12:00 am

At a meeting of the Directors on May 29, 1997 an interim dividend of three cents (Bds.$0.03) was declared on the common shares of the company.