CIBC Jamaica Limited began operating as FirstCaribbean International (Jamaica) Limited on October 11, 2002.
Other Company News
Following an Extraordinary General Meeting held on August 21, 2002, the company has received shareholders approval to change the name of the company to First Caribbean International Bank Jamaica Limited,
At the Board of Directors meeting on December 18, 2001, it was decided to pay a Capital Distribution, representing such amount as will yield – after the payment of Transfer
Industrial Sales Ltd., fully owned subsidiary of Seprod Ltd. has by ordinary resolution of the company dated November 14, 2001, increased its share capital by $9.6 million to $29.1 million
Miss Conniffer Grant has been appointed Financial Controller/Company Secretary with effect from August 2001 while Dennis Harris now assumes the role of Deputy Managing Director.
RBTT Financial Holdings was listed on the JSE on November 28, 2001. On March 15, 2001, Union Bank of Jamaica was acquired by RBTT International Ltd. – a member of
The company has reduced the size of the Board of Directors significantly from the current 22 members to 12, following decisions taken at a retreat of its Executive Directors held
Mr. Ronald Harford and Mr. Ronald Huggins both of Republic Bank Ltd. have resigned from the Board of the company effective September 26, 2001. At a meeting of the Board
Nicole Foga and Milton Weise, the Government nominees on the Board of Directors have resigned with immediate effect. Mr. Milton Weise was appointed to the Board on August 28, 2001,
The Board has advised of the declaration of a capital distribution of 10% of profit after tax to shareholders. The dividend to be paid is $0.099 per share; the record