Montego Freeport Ltd.(MFP)- Late Financials
The Company wishes to advice the public that there has been some delay in the preparation of the First Quarter Financial Report therefore they are unable to submit the same
The Company wishes to advice the public that there has been some delay in the preparation of the First Quarter Financial Report therefore they are unable to submit the same
Dr. Marshall Hall, a director of the company, purchased 223, 000 shares in the company on August 15, 2005.
The Board of Directors of the Company, in keeping with modern corporate governance principles, on May 2, 2005 established a Remuneration Committee to review and advise the Board on the
The Annual General Meeting of the company will be held on Thursday, September 1, 2005, at Newport East, Kingston, commencing at 10:30 a.m.
The Company advises that regarding it’s restructuring, a redundancy exercise has been carried out in July 2005. As a result the Company will experience a major reduction in Labour cost, as well
The Jamaica Stock Exchange has promised greater strengthening of rules relating to transparency as well as an expansion of internal and external audit functions as part of expanded business plans.
At a special meeting of the Board the following resolution was approved: ” That the Bank issue and offer for subscription by stockholders 58,880,000 new ordinary shares of a par
The Directors have decided to pay an interim dividend of $0.15 cents per share to shareholders on record as at August 18, 2005. Payment date is August 25, 2005.
H&L to invest $112million in new MIS System in 2005 The Hardware & Lumber Group invested $69 million, of a projected capital expenditure of $112 million, in a new
David McBean (non-executive) was appointed to the Board as a Director effective August 3, 2005.