JMMB Group Limited (JMMB Group) has announced that it acquired 33,213,764 common shares of Sagicor Financial Company Ltd. (Sagicor), on December 5, 2019, upon the immediate conversion of 33,213,764 Class B shares of Alignvest Acquisition II Corporation (Alignvest), on a one-for-one basis. JMMB purchased the Class B shares from Alignvest, by way of a private […]
The founder of Huawei says the Chinese tech giant is moving its U.S. research center to Canada due to American sanctions on the company. Huawei’s founder, Ren Zhengfei said the move was necessary because Huawei would be blocked from interacting with U.S. employees. Huawei Technologies Ltd. is the No. 2 global smartphone brand and the […]
#1 Dianna Blake-Bennett General Manager Salada Foods Jamaica Limited Businessuite 2019 Top Jamaica Main Market CEO By US$ % Change in Profit after Tax
Mrs. Dianna Blake-Bennett joined Salada in February 2016 as the Commercial and Corporate Affairs Manager and was promoted to Acting General Manager in August 2016. Mrs. Blake-Bennett has over 15 years’ experience in Sales and Marketing leading in this area in a number of companies including Restaurant Associate, Mothers Enterprises Limited and the Jamaica Co-Operative […]
Scotia Group is reporting net income of JA$13.19 billion for the year ended October 31, 2019, which represents an increase of JA$419 million or 3.28% over the prior year. Excluding gains on the sale of a subsidiary of $753 million that occurred in the prior year, net income increased year on year by $1.17 billion […]
Taking Stock for Monday November 4th 2019 – MPC Stock Doubles Before Rights Issue, Mailpac To List & More!!
MPC Caribbean Clean Energy stock price finally takes off after a year of remaining flat. The company is now seeking US$23 million through a rights issue to invest in more renewable energy projects. MPC Caribbean’s Managing Director, David Delaire, joins us. Related posts: Taking Stock for Monday October 28th 2019 – New Small Biz Fund, […]
To register click HERE Related posts: A Year In Which JSE Profits Climbed To A Record JA$224M From JA$175M In 2015, A 28% Increase – Ian McNaughton JSE In 2016 Saw A 57% Increase In The Number Of Active Investors Opening New Accounts Businessuite 2019 Top 10 Jamaica Junior Market […]