Posted: May 15, 1997 at 12:00 am
Note: FINSAC was incorporated as a limited liability company on January 29, 1997 as the vehicle to address the liquidity problems and others being experienced within the financial sector and specifically the insurance and banking sector.
Posted: May 14, 1997 at 12:00 am
At a board of Directors meeting on May 14, 1997, the Directors declared a second interim dividend of 60 cents per stock unit, less Income Tax, to be paid on June 17, 1997 to stockholders on record as at May 30, 1997.
Posted: May 13, 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 […]
Posted: May 12, 1997 at 12:00 am
Based on unfavourable market conditions as now exist, a decision has been taken by the Directors of the Company not to proceed with the Rights Issue.
Posted: May 5, 1997 at 12:00 am
At a meeting of the Board of Directors on May 5, 1997 it was resolved that a Capital Distribution of $1.25 per share (less Transfer Tax) be paid to all shareholders on record as at May 30,1997. Payment date is June 13, 1997.
Posted: April 29, 1997 at 12:00 am
At the Directors’ meeting on April 29, 1997, it was agreed that an interim dividend of ten cents per stock unit was declared. Payment date is June 27, 1997 and the record date is June 13, 1997.
Posted: April 16, 1997 at 12:00 am
Ja$28 Million Profit 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 […]
Posted: April 14, 1997 at 12:00 am
At the Extra-Ordinary General Meeting of the company on April 14, 1997, the resolutions to increase the share capital and to issue bonus shares at one new share for every ten stock units held, were passed. Bonus stock certificates will be issued to shareholders on the Register of members as at April 29, 1997 on […]
Posted: April 9, 1997 at 12:00 am
The Board of Directors declared and approved the payment of a First Interim Dividend of 4 1/2 cents per stock unit to be paid out of the tax relieved earnings of the company to stockholders on record on April 23, 1997 with payment to made on May 16, 1997.
Posted: April 2, 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 […]
