Articles

Cable & Wireless (LIME) – Director Resigns

Mr. James Cheesewright, Senior Vice President, Finance has resigned from the company effective June 30, 2000. Mr. Christopher Sadler has been appointed Senior Vice President, Finance, effective July 1, 2000.

DBG – Purchase of shares

DB&G Ltd. has signed an agreement to purchase all of the shares in Eagle Unit Trust’s Management company Ltd. for a price of J$115 million.

Seprod Ltd. – Disposal of Shares

Seprod has signed an agreement to dispose of all the shares in its fully owned subsidiary, Seprod Wharf & Storage Ltd. to Buskell Ltd. for US$3.5 million.

Radio Jamaica Ltd. (RJR) – Director Resigns

Mr. Aulous Madden, a Director of the Company has resigned from directorship effective November 30, 1999. Mr. Madden has had to resign due to the burden of his overseas travelling

First Life – Acquisition

A subsidiary of the company, Pan Caribbean Investments Ltd. has acquired 5% of the shareholding of Trafalgar Development Bank, bringing the consolidated holding of First Life to 20%. “First Life

Caribbean Metal Products Ltd. (CMP) – Disclosure

Caribbean Equity Partners (CEP), the management agent of Caribbean Investment Fund (CIF) has acquired 8,100,272 shares of CMP on behalf of its investors. This strategic share purchase has been made

CIBC (Ja.) – New Directors In

Mr. Raymond Campbell, Vice President Commercial Clients and Corporate Affairs was appointed a Director of CIBC Ja. Ltd. on December 6, 1999. Also, Mrs. Cecile Watson, Director, Branch Banking, was

Life of Jamaica – Directors report Profit

The Directors of the company present the unaudited Financial Statements for the nine months ended September 30, 1999. The Financial Statements reflect a profit of $19.6 million compared with a