Mr. Compton Rodney resigned as Director of the company effective July 20, 1999. As a consequence of the acquisition of the controlling interest in the company by the TCL Group, the senior management position of President and Chief Executive Officer has been redefined to conform with the structure pertaining throughout the TCL Group and the […]
The worldwide merger of British American Tobacco p.l.c. (BAT) with Rothmans International B.V. (Rothmans) was completed on June 7, 1999. The merger brings together Rothmans Holdings through Rothman Holdings (Caricom) Limited of 47.2% (114,494,560 stock units) Carreras Group Limited Group Limited and 3.2% (7,766,971 stock units) held by Millbank Nominees Ltd., a subsidiary of BAT. […]
The Corporate office of the company has been relocated to the plant at Rockfort P.O. 448, Kingston.
The Board of Directors have resolved that an interim dividend of eighty-two cents per share be paid on August 31, 1999 to shareholders on record as at August 18, 1999.
On July 29, 1999 the Supreme Court approved the purchase by First Life of the Group Life and Health, Mortgage Life and Personal Accident insurance portfolios of Mutual Life, Dyoll Life, Crown Eagle and Horizon Life. This approval now clears the way for First Life to assume ownership and direct management of the portfolios as […]
Mr. Fernando Gonzalez has resigned as a Director of the company effective July 31, 1999. He was replaced by Mr. Alejandro Rodriguez on August 1, 1999. Mr. Paul Stockhausen was appointed as a Director of the Company effective August 12, 1999.
The Board has accepted the resignations of Hartland Paterson and Nick Koumarianos. The Board has agreed to accept the nominations of Odie Donald and Lisa Agard to fill the casual vacancies created by the resignations.
The Board has passed a resolution that an interim capital distribution of 3.5 cents per stock unit (less transfer tax of 7.5%) be paid to shareholders on record as at the close of business on July 30, 1999. Payment date is August 16, 1999. At the Board meeting on February 11, 1999 it was resolved […]
Following discussions with the JSE, British American Tobacco p.l.c.(BAT) announces that it will make an offer for the outstanding ordinary stock units of 25 cents each of Carreras Gp. at a price of JA$30 per stock unit. This offer will be made in compliance with Rule 19 of the Rules governing Take-overs and Mergers of […]
At a meeting of the Board of Directors on June 26, the Board accepted the resignation of Mr. Rizal Bon Ishak as a Director of the company. The Board appointed Tan Sri Wan Mohn Zahid Bin Mohd Noordin to fill the casual vacancy. The appointment will be ratified at the next annual general meeting.