For the Second Quarter ended June 30, 2018, the Jamaica Stock Exchange Group (JSEG) recorded a Net Profit after Tax of $89.8m reflecting an increase in Income of 33.7% and a reduction in expenses of 14% over the corresponding quarter in 2017. The increase in Income was due primarily to a significant improvement in Cess […]
A very delighted, Managing Director of the Jamaica Stock Exchange (JSE), Mrs. Marlene Street Forrest, welcomed Mayberry Jamaican Equities (MJE) to the Main Market this morning after a very successful fully subscribed IPO. MJE raised $908 million from their offer and this amount increased the JSE Main Market capitalization to $1.19 trillion and the overall […]
Victoria Mutual Wealth Management (VMWM) celebrates Double Victory with their colleagues Leovaughni Dillon, Equity Trader Analyst (centre), who captured the Top Award of the 2017-2018 Market Research Competition and their Research Analyst Daren McGregor (2nd right) who placed 2nd Runner Up.
Barita Investments Limited (BIL) – Board Resolution and Approval for the Suspension of Trading, Take Over Bid Barita Investments Limited (BIL) has advised that by letter dated July 19, 2018, Cornerstone Investments Holdings Limited (“Cornerstone” or the “Offeror”) notified the BIL’s Board that it was making an offer to its shareholders for 100% of the […]
GK Capital Management Limited has advised on the basis of allotment of the Indies Pharma Jamaica Limited Initial Public Offering, as follows: 1. Directors’ Reserved Shares Reserved were allocated 100% 2. GK Reserved Shares were allocated 100% 3. Employees’ Reserved Shares were allocated 100% 4. Key Partners’ Reserved Shares were allocated 100% 5. Brokers’ Client […]
NCB Capital Markets Limited has advised on the Basis of Allocation of the Ordinary Shares of Stanley Motta Limited, following the successful closure of its Invitation for Subscription. Methodology for allotment of Ordinary Shares: Reserve Shares. All applicants in the Reserved Shares pool were allocated 100% of the shares for which they applied. General Public. […]
GK Capital Management Limited has advised on behalf of their client Indies Pharma Jamaica Limited, the Preliminary Basis of Allotment of their Initial Public Offering: 1. Directors’ Reserved Shares Reserved were allocated 100% 2. GK Reserved Shares were allocated 100% 3. Employees’ Reserved Shares were allocated 100% 4. Key Partners’ Reserved Shares were allocated 100% […]
NCB Capital Markets Limited has advised that the Invitation for Subscription made by Stanley Motta Limited subject to the prospectus dated June 27, 2018 in respect of Ordinary Shares at the price of J$5.31 per share closed at approximately 9:00 a.m. on Friday, July 20, 2018. The basis of allocation will be communicated in due […]
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