Seprod Ltd. – Sale of Assets

Posted: July 14, 1997 at 12:00 am

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 Mills Ltd., for a consideration of J$134.250 million.


CIBC Ja. – Interim Dividend

Posted: July 11, 1997 at 12:00 am

It is proposed that a Board of Directors meeting of CIBC Ja. Ltd. will be held on July 23 and a resolution will be considered and if thought fit, passed for an interim dividend for 1997.


Carib Cement – Interim Dividend

Posted: July 3, 1997 at 12:00 am

The Board of Directors of the company passed a resolution for an interim dividend of ten cents per stock unit to be declared payable on August 22, 1997 to shareholders on record as at July 18, 1997.


Courts – Proposed Dividend

Posted: June 27, 1997 at 12:00 am

The Directors have decided to propose at the Annual General Meeting to be held on September 4, 1997 that a Final Dividend of eleven cents per share, less income tax be paid. This dividend, if approved, will be paid on October 7, 1997 to shareholders on record as at September 19, 1997 on the share […]


Island Life – Increase in share capital approved

Posted: June 25, 1997 at 12:00 am

An extra-ordinary general meeting will be held at the Terra Nova Hotel, 17 Waterloo Road, Kgn. 10 at 9 a.m. on June 17, 1997. Among the resolutions to be considered are: that the authorised share capital of the company be increased from $8 million to $231 million by the creation of 8.9 million additional ordinary […]


CIBC W.I. – Resignations and appointments

Posted: June 25, 1997 at 12:00 am

The following are resignations and appointments of Directors at CIBC W.I. Holdings Ltd. and CIBC Caribbean Ltd.: Mike Pedersen and Ronald Huggins of CIBC W.I. Holdings were appointed on May 29, 1997 and Shastrie Ablack and John Lowry of CIBC Caribbean Ltd., resigned on May 29, 1997.


Posted: June 19, 1997 at 12:00 am

Desnoes and Geddes on April 2, 1997 announced 1996 profit before tax of J$28 million compared to a loss of J$112 million for 1995. Turnover increased by J$966 million on the previous year to J$5.581 billion for 1996. Earnings per share improved to a loss of (16) cents compared to a loss of (64) cents […]


Carreras – Final Dividend

Posted: June 19, 1997 at 12:00 am

At a meeting of the Board of Directors, the Directors agreed to recommend to the forthcoming Annual General Meeting scheduled to be held on September 15,1997 and that a Final Dividend of 65 cents per stock unit (less income tax) be declared payable on the issued stock. Payment date is October 16, 1997 to stockholders […]


RJR – Acquisition of JBC

Posted: June 12, 1997 at 12:00 am

RJR is finalizing arrangements with the Government and it now appears likely that the negotiation of arrangements for the acquisition of JBC-TV and Radio-2 by RJR will be concluded on June 12. Broad agreements in principle have been reached between Government and RJR and finalization of a formal contract is expected on June 12.


Berger – Twenty-five cents dividend

Posted: June 12, 1997 at 12:00 am

The annual general meeting of the company will be held on June 27, 1997 at 2:30 p.m. at the Wyndham Kingston Hotel. A recommendation will be laid before the ordinary stockholders at the meeting that a dividend of 25.6 cents per ordinary stock unit be paid in respect of the year ended December 31, 1996 […]