JMMB Group Limited (JMMBGL) – Statement & Notice to Shareholders

Posted: July 30, 2015 at 8:34 am

JMMB Group Limited (JMMBGL) has issued a statement to shareholders regarding the absence of an Annual General Meeting for 2015 because of the implementation of the Scheme of Arrangement, approved in 2014 by JMMB. With this implementation, JMMB’s sole shareholder became JMMBGL and by extension, ordinary shareholders of JMMB automatically became a shareholder of JMMBGL.This […]

 

JMMB Acquisition of Banco Ahorro y Credito Rio

Posted: July 2, 2015 at 2:22 pm

JMMB has advised that through its Dominican Republic subsidiary, JMMB Holding Company Limited, has obtained regulatory approval for the acquisition of ninety percent (90%) of the shares of Banco Ahorro y Credito Rio (Banco Rio).Banco Rio is a savings and loans bank, in accordance with the Financial and Monetary Law of the Dominican Republic (Ley […]