The Bank of Nova Scotia Jamaica Ltd. (BNS) – Capital Distribution and Bonus
The Board of Directors on August 21, resolved that a capital distribution of 25 cents per stock unit, less Transfer Tax of 7.5% be paid to stockholders on record at
The Board of Directors on August 21, resolved that a capital distribution of 25 cents per stock unit, less Transfer Tax of 7.5% be paid to stockholders on record at
BNS and its subsidiaries recorded a strong third quarter performance, showing unaudited net profit after tax of $398 million. This takes the net profit for the nine months ended July
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
Mr. Andrew Gordon has resigned from the Board of Directors of the company and Messrs. Ronald Chin-Loy and Dalton Chen have been appointed as directors of the company. Due to
Mr. John Fletcher has resigned from the Board of Directors effective July 1, 1997.
The Board of Directors has declared a second interim dividend of six cents per stock unit, to be paid from tax relieved earnings of the company to shareholders on record
The profit attributable to the Group of $87.8 million for the period ending June, 1997, is well below the 1996 performance of $196.2 million for the same period. However, this
The Board of Directors will on July 31, 1997 consider and if thought fit declare a second interim dividend, as well as consider a recommendation for a bonus stock issue.
The Board of Directors of the company held a special meeting on July 30, 1997 to discuss the offer by Pan-Jamaican Investment Trust Ltd. to acquire all of the outstanding
At the company’s annual general meeting on July 30, it was resolved that a dividend of 5% gross on preference shares together with an additional 2.5% participating dividend less tax