At the meeting of the Board of Directors on January 21, 1998 the declaration of an interim shareholders’ dividend will be considered. The Board at its meeting on July 30, 1998 declared that an interim dividend of 4.2 cents be paid on each stock unit of the paid up capital of the stock of TDB […]
The company has entered into an agreement to dispose of its interest in West Indies Glass Company Ltd. to Wray and Nephew Group.
The Board declared that an interim dividend of ten cents be paid on each stock unit of the paid up capital of the company for the financial year ending September 30, 1998. Record date is March 9, 1998 and the payment date is February 13, 1998.
An extra-ordinary meeting of the company will be held at the Wyndham Kingston Hotel on February 5, 1998 at 10 a.m. The special resolution for consideration is: that the name of the company be changed to Cable & Wireless Jamaica Ltd.
At a Board meeting on september 25, the Directors adopted a dividend policy as under: To distribute at least 10% of the net profit attributable to stockholders. The new policy must be viewed against the background of an unpredictable economy. However, the company intends to maintain a total dividend pay out in dollars which is […]
At the Board meeting on December 10, 1997, the resignation as a Director, tendered by Mr. Ronald D. Thwaites was accepted and Dr. David M. Wildish, Chairman of the Board, announced his retirement from the Board. The Board of Directors will elect a new Chairman at its next Board meeting in January 1998.
Goodyear Jamaica Ltd. will continue to operate as a sales organization with minimal interruption and the goal is to continue efforts to enhance shareholder value.
The Council of the Jamaica Stock Exchange has suspended trading in the shares of Ciboney Gp. Ltd. effective December 1, 1997. The company’s audited financial statement for the year ended May 31, 1997 was due August 31. As soon as the outstanding statements are received the suspension in trading of the security will be lifted.
At a Board meeting on December 1, 1997 the directors will consider the payment of an interim dividend of four cents per stock unit on December 24, 1997. Record date is December 17, 1997.
At the annual general meeting on November 25, 1997 the following persons were re-elected to the Board of Directors: Hon. Mayer M. Matalon, O.J. Messrs: Joseph M. matalon Errald Miller Milton Weise William Allan David Bamford Nick Koumarianos