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Seprod Limited (SEP) – Board Movements

The following changes were effected at a meeting of the Board on April 3,200: Mr. A.R. Diaz announced his retirement as director of Seprod; Mr. Gregory B. Solomon tendered his

Seprod Ltd. – Disposal of Shares

Seprod has signed an agreement to dispose of all the shares in its fully owned subsidiary, Seprod Wharf & Storage Ltd. to Buskell Ltd. for US$3.5 million.

Seprod Ltd. (SEP) – Subsidiary News

Ja. Grain & Cereals Ltd., a fully owned subsidiary of Seprod Ltd., has by ordinary resolution of the company dated November 15, 1999, increased its share capital by $12.2 million

Seprod Ltd. (SEP) – Capital Distribution

At a meeting of the Board of Directors it was resolved that a Capital Distribution of sixty-five cents per share (less Transfer Tax) be paid to all shareholders on record

Dr. Ralph Thompson, CEO/Managing Director of the company will retire on March 31, 1999. Mr. Byron Thompson will take over the position effective April 1, 1999.

Seprod Limited

At a Board meeting on May 4, 1998 it was resolved that a Capital Distribution of one dollar and twenty-five cents (less Transfer Tax) per share be paid to all

Seprod Ltd. (SEP) – Capital Distribution

At a Board meeting on May 4, 1998 it was resolved that a Capital Distribution of one dollar and twenty-five cents (less Transfer Tax) per share be paid to all

Seprod Ltd. (SEP) – Sale of Assets

Northcoast Milling Ltd., a company which is 50% owned by Seprod Ltd. has agreed to sell its fixed assets including land, buildings, plant, motor vehicles and brand names to Newport

Seprod Ltd. (SEP) – Buy Out

The company has purchased Agricultural Marketing Corporation’s 20% shareholding in Jamaica Grain and Cereals Ltd. for a purchase consideration of Ja$12 million. As a result, Jamaica Grains and Cereals is