LOJ – CEO Quits

Posted: September 26, 1996 at 12:00 am

The Board of LOJ announced on September 26 that Richard Powell, the Company’s President and CEO will be demitting office on December 31, 1996 to pursue other endeavours. The Board of Directors has initiated a search for Mr. Powell’s successor.


Dyoll Group – Directors Resigns

Posted: September 25, 1996 at 12:00 am

At a Board meeting on September 25, the resignation of Owen Munro as a director of the company was considered and accepted.


Carreras Gp. – Transfer of Shares

Posted: September 23, 1996 at 12:00 am

114,494,560 Ordinary stock units in Carreras Group Lt. (Ja.), representing 47.17% of the issued capital, are currently held and registered in the name of Rothmans of Pall Mall (International) Ltd., which is an indirectly wholly owned UK subsidiary of Rothmans International BV. The stock units in Carreras Gp. Ltd. are being transferred to Rothmans Holdings […]


DB&G – Merger

Posted: September 13, 1996 at 12:00 am

At the annual general meeting on August 28, 1997, Messrs. Garfield Sinclair, Earle Harriot, Eugene Ffolkes and William Craig were appointed directors of the company. Rev. Marjorie Lewis-Cooper has migrated to the United Kingdom and accordingly has resigned as a director.


Posted: September 12, 1996 at 12:00 am

September 12 – Supreme Court Judge, Mr. Justice Cooke threw out the much publicized attempt by Towerbank Ltd., a Panamanian bank to wind up Jamaica Broilers Group, for non-payment of US$153,000 which Towerbank had alleged was due under a letter of credit arrangement with now liquidated Bahamian bank, First Trade International Bank and Trust. Towerbank. […]


Seprod – Acquisition of Minority Interest

Posted: September 11, 1996 at 12:00 am

September 11 – Seprod Ltd. has purchased the following shareholdings from minority shareholders in Jamaica Feeds Ltd.: Purina International – 33 1/3% Jamaica Livestock Association – 6 2/3% Based on the above, Jamaica Feeds Ltd. is now a wholly owned subsidiary of Seprod Ltd.


Hardware & Lumber – Final Dividend

Posted: September 5, 1996 at 12:00 am

At the annual general meeting on September 5, 1996 a final dividend of 10% (five cents per stock unit) was declared for 1995 net of income tax on October 4, 1996. Record date is September 19.