Berger – New Directors on Board

Posted: November 13, 1996 at 12:00 am

At a meeting of the Board of Directors on November 13, 1996 the Board accepted the resignation of Mr. Vijay Mallya and appointed Mr. Dato Che Mohd Annuar Bin Che Modh Senawi and Mr. Rizal Bin Ishak to the Board.


Carib Cement – Million Dollar capital increase

Posted: November 7, 1996 at 12:00 am

Resolutions approved at the Extraordinary General Meeting on November 7 were: 1)That the authorized capital of the company be increased from $225 million to $400 million by the creation of 350 million ordinary shares of 50 cents each; 2)That there be an increase in the issued share capital of the company by the issue of […]


BNS – Acquisition

Posted: November 7, 1996 at 12:00 am

Mr. W.E. Clarke, Managing Director of BNS (Ja.) and Mr. Joseph A. Matalon, President of Chief Executive Officer of Mechala Group Ja. Ltd. announced on November 7, 1996 that BNS has granted an option to Mechala to acquire 50% of its equity in Industrial Finance Holdings Ltd. This option is exerciseable at any time up […]


Island Life – Directors Replaced

Posted: November 6, 1996 at 12:00 am

Letter of Nov. 6: Mr. John Issa resigned from the Board of Directors in April this year and was replaced by Deryck Gibson. Mr. A. DeCordova Webb resigned in August and was replaced by Noel Foster, Vice President of the company.


JLA – Share Issue

Posted: November 5, 1996 at 12:00 am

At a meeting of the Board of Directors on November 5 it was resolved that 40 million Preference Shares of $1.00 each of the company be offered at $1.50 per share to the members of the company as at record date November 25, in proportion to their respective holdings in the issued capital of the […]


Kingston Wharves Ltd. – Interim Dividend

Posted: October 28, 1996 at 12:00 am

At the board meeting held on October 28, 1996, an interim dividend was approved to be paid to stockholders on record on November 30, 1996. Payment date is December 23. The payment is to be made as follows: three cents (net) per stock unit out of franked income and three cents per stock unit (less […]


Posted: October 16, 1996 at 12:00 am

Effective October 16 1996, the Registrar and Transfer Agent for Pa-Jamaican Investment Trust will be transferred from Scotiabank Ja. Trust and merchant Bank to Pan Caribbean Merchant Bank Ltd.


DB&G – Rights Issue

Posted: October 8, 1996 at 12:00 am

At the annual general meeting on August 28, 1997, Messrs. Garfield Sinclair, Earle Harriot, Eugene Ffolkes and William Craig were appointed directors of the company. Rev. Marjorie Lewis-Cooper has migrated to the United Kingdom and accordingly has resigned as a director


Ja. Producers – Interim Dividend

Posted: October 1, 1996 at 12:00 am

The Directors at their meeting on October 1, approved the payment of an interim dividend of 24 cents per stock unit out of agricultural income to stockholders on record at October 17. Dividend warrants will be mailed on November 15.


LOJ – CEO Quits

Posted: September 26, 1996 at 12:00 am

The Board of LOJ announced on September 26 that Richard Powell, the Company’s President and CEO will be demitting office on December 31, 1996 to pursue other endeavours. The Board of Directors has initiated a search for Mr. Powell’s successor.