The Board of Directors have resolved that an interim dividend of 12.5 cents be paid on each stock unit of paid up capital stock of the company to shareholders on record as at the close of business on March 3, 2000 and that the same be paid on March 30, 2000.
The Board of Directors has approved the payment of an interim dividend of fifty-five cents per stock unit in the form of capital distribution, less transfer tax arriving from the sale of the soft drinks business and twenty cents per stock unit (gross) based on the unaudited results for the six months ended December 31, […]
The Directors have approved an interim dividend of 1.3 cents (1999 – two cents) per share to be paid on April 7, 2000 to registered shareholders on March 17, 2000. On a like for like basis this represents a 30 per cent increase on the 1999 interim.
Miss Lynda Mair resigned from the Board of Directors of the company effective January 20, 2000.
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. Mr. Cheesewright remains as a Director of the Company. Mr. Richard Nelson, Senior Vice President Information services will be leaving the company effective August 1, […]
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 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.
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 and the increased workload in managing his office which will not allow him to adequately deal with the company’s matters.
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 views this shareholding as an investment and has no intention at this time to acquire any further shareholding in TDB.”
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 with the intention of creating long-term value for CMP’s stakeholders. CEP does not intend to increase its stake at this time. The new Chief Operating […]