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Jamaica Producers Group Ltd transfer shares in Mavis Bank Coffee Factory Limited

JP Press Release

Jamaica Producers Group Ltd. (JP) has advised that JP has entered into an agreement to transfer its shares in Mavis Bank Coffee Factory Limited (‘Mavis Bank’) to Specialty Coffee Investments Company Limited (‘SCI’). SCI is acquiring the shares in Mavis Bank from both JP Tropical Group Limited, a subsidiary of JP, and Scotts Preserves Limited, a subsidiary of Pan Jamaican Investment Trust Limited (‘Pan Jam’), who each own fifty percent of the company.