On July 29, 2004, LOJ and First Life have signed and exchanged definitive agreements with respect to the proposed transfer of First Life’s insurance business to LoJ. Consummation of the agreement is subject to approval o the Financial Services Commission (‘FSC’) pursuant to the Insurance Act, 2001 and the Regulations made thereunder. For the purpose […]
On June 30, 2004 JMMB Ltd entered into an agreement to acquire 50% of the shares of Intercommercial Bank Ltd and its wholly-owned subsidiary, Intercommercial Trust and Merchant Bank Ltd, based on the consolidated net book value of the entities as reflected in their audited financial statements at December 31, 2003. Both companies operate in […]
It was resolved that an interim dividend of Fifty Cents ($0.50) per share be paid on August 31, 2004 to shareholders on record at the close of business on August 18, 2004. The XD date is August 16, 2004.
A recommendation for the payment of final dividends to common and preference shareholders of the Company will be considered at the next Board of Directors’ meeting to be held on Wednesday, December 8, 2004.
Mr. Peter J. July, Group Chairman – RBTT Financial Holdings Ltd. announced the acquisition of Caribbean Commercial Bank (CCB) in Barbados, effective June 24, 2004. This latest addition follows the acquisition in July 2003 of RBTT Trust Corporation, an offshore bank and Trust company providing trusteeship and administrative services. Having published total assets of BDS$411 […]
The Chairman of PCFS, Mr. Richard O. Byles, and the Chairman of Lets Investment Ltd , Ms. Dorothy Marzouca announced that the companies have finalized an agreement whereby PCFS will acquire the investment assets and client liabilities on LIL. The Purchase Agreement was signed with a closing date of July 31, 2004. The transaction is […]
Ms. Jacqueline Holding was appointed as president and a member of the Board of Directors of Cable & Wireless Ja. Ltd. with effect from October 1, 2004.
The 63rd Annual General Meeting of Jamaica Livestock Association will be held at the office of the Company at Newport East, Kingston, on August 26, 2004 commencing at 10:30 a.m.
At the Board of Directors Meeting held on July 22, 2004 an interim dividend of 9 cents per share was approved for the quarter ended June 30, 2004. The dividend is payable on August 17, 2004 for shareholders on record as at August 9, 2004.
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