Mr. James Cheesewright was appointed to Cable & Wireless as Senior Vice President Finance on August 3, 1998. He replaces James Crag. Mr. Hartland Paterson was appointed to the Board of the company on July 29, 1998. Mr. Paterson replaces Mr. William Allan who has resigned from the Board.Mr. Mark MacFee was appointed to the […]
The Board of the company voted to appoint Carl Grivner the new Chairman of teh company. He succeeds the Hon. Meyer Matalon, O.J. whose retirement from the Board became effective on July 17, 1998. Mr. Grivner is Cable & Wireless Chief Executive, Western Hemisphere. Based in Virginia, he is responsible for Cable & Wireless operations […]
The company has announced its audited financial results for the eighteen month period ended June 30, 1998. -Profit after Tax up by $162 million to $164 million -Profit before Tax up by $268 million to $314 million -Profit before interest and Tax up by 25% to $569 million In difficult trading conditions, D&G has continued […]
The fiftieth annual general meeting of the company will be held at the Hilton Kingston Hotel on September 30, 1998 at 10 a.m. One resolution to be considered is for a final dividend of five cents on each ordinary stock unit less income tax for the year ended December 31, 1997 to be declared payable […]
The annual general meeting of the company will be held at the Jamaica Conference Centre, 14-20 Port Royal Street on December 5, 1998 at 10 a.m. The meeting will consider the undermentioned special business and if thought fit pass the following resolution: That the authorised share capital of the company be increased from $285 million […]
The usual semi-annual payment of fixed 4% dividend on the cumulative participating preference shares of the company will be paid on September 25, 1998. Record date is September 15, 1998.
At a meeting of the Board on March 3, it was decided to pay a distribution of one cent per ordinary stock on March 31, 1998, to stockholders on record as at the close of business on March 17, 1998. No Board meeting was necessary to authorise payments of dividends on the Lascelles de Mercado […]
At a Board meeting on May 4, 1998 it was resolved that a Capital Distribution of one dollar and twenty-five cents (less Transfer Tax) per share be paid to all shareholders on record as at May 22, 1998 and that the payment date be June 10, 1998.
The Board on November 18, approved an interim dividend of thirty cents per share. Payment date is December 31, 1998 to shareholders on record as at December 18, 1998. The Board at its meeting on August 7, 1998, resolved that an interim dividend of thirty cents per share be paid on August 31, 1998 to […]
The Board of Directors has recommended for consideration and approval at the next Annual General Meeting, resolutions to: (i) Increase the authorised share capital from $285 million to $325 million, by the creation of 80 million new ordinary shares of 50 cents each. (ii) Make a Bonus Issue of 80,308,800 new stock units (on the […]