Kingston Wharves Limited wishes to advise the Jamaica Stock Exchange of its decision to invest US$20,000,000.00 to expand and augment their properties and assets. These to include;the purchase and refurbrishing of existing Warehouse;the construction of new Warehouse complex and purchase of additional cargo handling equipment.
Kingston Wharves Limited has advised that the Ministry of Industry and Commerce has approved an application from the company for Free Zone Status of the port area.
Kingston Wharves Limited has advised that on February 14, 2014 it acquired the stevedoring business conducted by Allied Trucking & Maritime Services Limited (“ATMS”) at Port Bustamante. The purchased price of US$2,950,0000.00 is subject to certain terms and conditions and is payable over a period of three years.
Kingston Wharves Ltd has advised that Ms. Clover Moodie was appointed Group Chief Financial Officer for the company effective October 1, 2013.
The Board of Directors of Kingston Wharves Limited has declared an interim dividend of $0.08 per share payable on December 20, 2013 to shareholders on record as at December 13, 2013. The ex-dividend date is December 11, 2013.
The Board of Directors of Kingston Wharves Limited will consider the payment of an interim dividend at a meeting to be held on November 28, 2013.
The Annual General Meeting of Kingston Wharves Limited will be held on June 26, 2013 at the Jamaican Conference Centre. The meeting will commence at 10:00 a.m.
Kingston Wharves Limited has advised that Ms. Karen Gilbert, Chief Financial Officer has tendered her resignation effective July 31, 2013.
Click here to open document
The Board of Directors of Kingston Wharves Limited has approved a resolution for a final dividend of $0.02 per share in respect of the financial year ended December 31, 2012 and an interim dividend of $0.08 per share in respect of the current year, making a total payment of $0.10 per share payable on […]