As of January 1, 2002, the Board of Directors of Grace, Kennedy & Company Ltd. is as follows: Douglas Orane Donald Wehby Brian Goldson Robert Kinlocke Erwin Burton John Mahfood Christopher Bovell Gordon Shirley John Issa Gordon Sharp A. Rafael Diaz Peter Moss-Solomon
An extra-ordinary general meeting of the company will be held in the company’s Multifunction Room, 73 Harbour Street, Kingston on November 30, 2001 at 9 a.m. to consider a one for five bonus. The record date is December 21, 2001 and the x-bonus date is December 17, 2001.
At the Board meeting it was resolved that the payment of an interim dividend of 28 cents per stock unit be made out of franked income on December 7, 2001 to the stockholders on record at the close of business on November 16, 2001. It was also agreed to convene an extraordinary general meeting on […]
The company has reduced the size of the Board of Directors significantly from the current 22 members to 12, following decisions taken at a retreat of its Executive Directors held recently. According to Chairman and CEO, Senator Douglas Orane deciding on the optimal size of the Board of Directors which would ensure its maximum effectiveness […]
The Board of Directors of Hardware & Lumber Ltd. and Grace, Kennedy & Company Ltd. on August 3, 2001 reached agreement, subject to due diligence on the merger of H&L and its subsidiaries including H&L Value and H & L Agri & Marine Co., with Rapid & Sheffield and Agro Grace Ltd. This merger is […]
At the Board meeting it was resolved that the payment of an interim dividend of 25 cents per stock unit be made out of franked income on May 18, 2001 to shareholders on record at the close of business on April 26, 2001.
TDB and Grace, Kennedy have entered into an agreement for sale of shares dated December 13, 2000, which if completed will transfer all of TDB’s shareholdings in Trafalgar Commercial Bank Ltd. to Grace, Kennedy Ltd. Grace will therefore become the 100% shareholder of TCB. The agreement is subject to the approval of the Minister of […]
At the Board meeting on October 26, 2000 it was agreed to convene an extraordinary general meeting on November 24, 2000 to consider the following: 1. Increasing the authorised share capital to $300 million (300 million ordinary shares of $1.000 each) 2. The issue of one bonus share of every five stock units held by […]
At the Board meeting October 26, 2000 it was resolved that the payment of an interim dividend of 27 cents per stock unit be made out of franked come on December 15, 2000 to the stockholders on record at the close of business on November 24, 2000.
Interim Report to shareholders – March 2000: The Group achieved revenues of $3,585.9 million (1999 $3,603.5 million.) The net profit attributable to shareholders increased by $27.3 million over the corresponding period of 1999 moving from $134 million to $161.3 million. This represents earnings per stock unit of 89 cents (1999 – 74 cents), an increase […]