Pegasus Hotels of Jamaica – Resolutions approved

Posted: April 14, 1997 at 12:00 am

At the Extra-Ordinary General Meeting of the company on April 14, 1997, the resolutions to increase the share capital and to issue bonus shares at one new share for every ten stock units held, were passed. Bonus stock certificates will be issued to shareholders on the Register of members as at April 29, 1997 on […]

 

Jamaica Broilers Gp. – First Interim Dividend

Posted: April 9, 1997 at 12:00 am

The Board of Directors declared and approved the payment of a First Interim Dividend of 4 1/2 cents per stock unit to be paid out of the tax relieved earnings of the company to stockholders on record on April 23, 1997 with payment to made on May 16, 1997.

 

Desnoes & Geddes – J$28 million profit

Posted: April 2, 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 […]

 

Grace, Kennedy – Net Interim Dividend

Posted: April 2, 1997 at 12:00 am

At the Board meeting on April 2, 1997, a resolution was adopted for the payment of net interim dividend of 30 cents per stock unit to be paid out of franked income on May 9, 1997 to stockholders on record at the close of business on April 17, 1997.

 

Pegasus Hotels of Ja.- Share Capital Incr./Bonus

Posted: March 26, 1997 at 12:00 am

An extra-ordinary general meeting of the company will be held at Jamaica Pegasus Hotel, 81 Knutsford Blvd., Kingston 5, Ja. on April 14, 1997 at 10 a.m. when resolutions to increase the share capital and to issue bonus shares will be considered.

 

TOJ – Bonus/Interim Dividend

Posted: March 26, 1997 at 12:00 am

At a special meeting of the Board of Directors on March 26, 1997, the Directors approved the following resolutions: That the directors have recommended a one to one bonus issue subject to the completion of authorization proceedings; to be considered and, if thought fit, approved by the members at the 1997 Annual General Meeting. That […]

 

Goodyear Ja. – Closure of Plant

Posted: March 26, 1997 at 12:00 am

Goodyear Jamaica Ltd. announced on March 21, that it is closing its Morant Bay tyre manufacturing facility, but will continue to maintain a strong sales presence in the country with offices in Kingston and Olivier Road. The plant closure will take effect immediately and all employees have been advised. “Intense pressure” from lower-cost producers, the […]

 

Island Life Ins. – Extra-ordinary General Meeting

Posted: March 25, 1997 at 12:00 am

An extra-ordinary general meeting is to be held at the Terra Nova Hotel at 9 a.m. on April 15, 1997 for the purpose of considering, and if thought fit, pass a resolution to increase the authorized share capital of the company from $8 million to $44 million by the creation of 184.4 million ordinary shares […]

 

Ja. Producers’ Gp. Ltd. – Interim Dividend

Posted: March 20, 1997 at 12:00 am

At a Directors’ meeting on March 20, 1997 a first interim dividend of 20 cents per stock unit was declared out of agricultural income. It is the first interim dividend for 1997. Record date is April 10, 1997 and dividend warrants will be mailed on May 15, 1997