Jamaica Money Market Brokers Limited (JMMB) has advised that it has successfully sold its minority shareholdings in Caribbean Money Market Brokers (CMMB) Group of Companies to the majority shareholder CL Financial for a price of US$41 .37 million. The transaction has yielded a substantial gain to JMMB which will be reflected in its second quarter […]
Jamaica Money Market Brokers has advised of the impact that the filing of Lehman for Chapter 11 on Monday, September 15, 2008 has had on the company. Currently the company`s analysis shows an estimated exposure to Lehman of less than 3 percent of its propriety investment portfolio.
Jamaica Money Market Brokers Limited has advised that the Trustees of Jamaica Money Market Brokers Employees Share Ownership Plan are Donna Duncan Scott, Keith Duncan, Janet Patrick, Carolyn DaCosta and Cedric Stewart.
The Board of Directors of Jamaica Money Market Brokers Limited has scheduled its next Annual General Meeting for Wednesday, September 17, 2008 at the Terra Nova Hotel beginning at 10:00 a.m.
Jamaica Money Market Brokers Limited has advised that Mr. Rodger Braham was appointed as a Director of the Company at a Board of Directors meeting held on Tuesday, July 15, 2008.
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At the meeting of the Board of Directors of Jamaica Money Market Brokers Limited, held on May 20, 2008, the Directors declared a dividend of 12 cents per ordinary share payable to shareholders on record as at June 2, 2008, to be paid on June 27, 2008. The x-date is May 29, 2008.
Mr. Leo Williams has resigned from the JMMB Group of Companies effective April 30, 2008. However, he will continue to serve as JMMB Securities Limited’s representative on the Board of the Jamaica Stock Exchange until the Stock Exchange holds its next Annual General Meeting in June of this year. Jamaica Money Market Brokers has proposed […]
Jamaica Money Market Brokers Limited has advised that for preference shares, JMMB 12.25% and JMMB 12%, the dividend payments will be on the 14th of each month and the principal repayment date is December 14, 2010. For JMMB 12.15%, quarterly dividend payments will be made and the first payment is May 14, 2008 and the […]
The Board of Directors of Jamaica Money Market Brokers Limited will meet on Tuesday, May 20, 2008 to consider an interim dividend.