At a Board meeting on september 25, the Directors adopted a dividend policy as under: To distribute at least 10% of the net profit attributable to stockholders. The new policy
Because of extenuating circumstances the company cannot meet the November 11, date for its annual general meeting as had been advised. The new date will now be November 25, 1997.
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
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
Pan-Jamaican Investment Trust Ltd., owners of 58% of the issued Ordinary shares in Hardware and Lumber Ltd., have announced an offer to purchase all remaining shares now held by outside
Northcoast Milling Ltd., a company which is 50% owned by Seprod Ltd. has agreed to sell its fixed assets including land, buildings, plant, motor vehicles and brand names to Newport
Chairman’s Report: results at 31, December 1996 Dyoll has, like many other companies in Jamaica, been affected by the Government’s economic policies. Government must be commended on the dramatic reduction
Desnoes and Geddes on April 2, 1997 announced 1996 profit before tax of J$28 million compared to a loss of J$112 million for 1995. Turnover increased by J$966 million on
