At a meeting of the Board of Directors on May 5, 1997 it was resolved that a Capital Distribution of $1.25 per share (less Transfer Tax) be paid to all
At the Extra-Ordinary General Meeting of the company on April 14, 1997, the resolutions to increase the share capital and to issue bonus shares at one new share for every
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
The Board of Directors on February 20, 1997 resolved that a Capital Distribution of twenty cents per stock unit, less Transfer Tax of 7.5% be paid to stockholders on record
A Board meeting on February 13, approved a Capital Distribution of five cents per stock unit (less Transfer Tax of 7.5%) to be paid to shareholders on record as at
The Board of Directors at its meeting on January 31, 1997, appointed Mrs. Karen Chin Quee Akin as Secretary of the Company in place of Scotiabank Jamaica Trust and Merchant
At a meeting of the Board on January 29, 1997 Mark A. Thwaites was appointed Company Secretary for the Group.
Effective January 1, 1997 the Registrar and Transfer Agent will be Pan- Caribbean Merchant Bank Ltd., 1st Floor, The Pan Caribbean Merchant Bank Bldg., 64 Knutsford Blvd., Kingston 5.
The company has purchased Agricultural Marketing Corporation’s 20% shareholding in Jamaica Grain and Cereals Ltd. for a purchase consideration of Ja$12 million. As a result, Jamaica Grains and Cereals is
At the extra-ordinary general meeting on December 19 the following resolutions were passed: 1. An increase in the authorized share capital of the company from $22.9 million (divided into 50,000
