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KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

John Mahfood, President and CEO of Jamaica Teas Limited has indicated to shareholders that for the rest of the current financial year and into 2018 their focus will be on new products and the construction of an apartment complex in Kingston by end of 2018. Recently acquired KIW International he said, will transition from a […]

Corporate Movements: Berger Paints, tTech and Angostura Holdings

Sagicor Real Estate X Fund Reporting 30% Lower Consolidated Net Profit Of $785 Million To June 2017

Sagicor Real Estate X Fund Limited is reporting in their just released financial results of the Group for the six months ended 30 June 2017 consolidated net profit attributable to stockholders of $785 million, 30% lower than June 2016’s net profit of $1.124 billion. Among the factors given for the reduction include $565 million in […]

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

Planning Institute Of Jamaica Projecting BPO Sector To Grow By 1.5% In Financial Year 2016/17.

The performance of the Jamaican construction sector is used as a gauge for assessing activities in the real estate sector, this according to Rohan Miller, Chief Executive Officer for Sagicor Real Estate X Fund Limited. Addressing shareholders in the company’s just released financial results for the three months ended 31 March 2017, he indicated that […]

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

Marriott Courtyard Hotel New Kingston Performed Well In 2016, Generates $27M For Panjam

Stephen Facey, Chairman & CEO of The PanJam Group is reporting that the Marriott Courtyard hotel in New Kingston performed well in 2016, its first full year of operations, generating for PanJam $27 million as its share of profit.. Commenting further in the company’s just released 2016 annual report, Mr. Facey indicated that work on […]

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

Panjam Achieved Record Earnings In 2016, With Net Profit After Minority Interests Of $4.1 Billion, Up 27% From $3.2 Billion – Stephen Facey

Stephen Facey, Chairman & CEO of The PanJam Group is reporting that the Marriott Courtyard hotel in New Kingston performed well in 2016, its first full year of operations, generating for PanJam $27 million as its share of profit. Commenting further in the company’s just released 2016 annual report, Mr. Facey indicated that work on […]

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

Cement Supply Issues Have Now Been Addressed – Sophia Pinnock

Caribbean Cement Company Corporate Communication and Public Relations Manager Sophia Pinnock is reporting that the lack of delivery, related to an issue in the plant’s packaging area where some of the equipment is outdated, was in the process of been replaced and that most of the issues they were having have now been addressed. Hardware […]

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

Derrick Cotterell Pushes Derrimon Trading Deeper Into Retail

Derrick Cotterell’s Derrimon Trading Company Limited (DTL) has signed an agreement with Jamaica Property Company Limited to refurbish and operate Shop #15 at Upper Manor Park, formally known as Carihome Supermarket under the Select Grocers brand. It comes as the company sets into motion its Five Years Strategic Plan to establish a Joint Venture Company […]

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

Great Things Are Expected From The Towers Investment – Rezworth Burchenson

Victoria Mutual (VM) Wealth Management says it intends to ‘restore its newest purchase, The Towers at Dominica Drive in New Kingston, to its former glory’ as part of its capex investment programme. This follows the company’s $1.38 billion dollar purchase of the property from Cable and Wireless Pension Fund, which first put the building on […]

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

Kingston Properties Makes Acquisition In The Cayman Islands & Jamaica

Kingston Properties Limited has made its first foray into the Cayman Islands with the acquisition of a fully tenanted, mixed use building located in the West Bay Beach South area in the Cayman Islands. The acquisition is part of the company’s strategy to broaden its geographic reach as well as diversify the mix of property […]

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

Kingston Properties Limited Completes Acquisition of Building in the Cayman Islands

Kingston Properties Limited (KPREIT) has advised that the Company on January 10, 2017, completed the acquisition of a fully tenanted, mixed use building located in the West Bay Beach South area in the Cayman Islands. KPREIT further discloses: “The building comprises offices, retail outlets and residences along the famous Seven Mile Beach corridor, an area […]

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

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