Home Tag "businessuite markets"

DBJ and Investors issue Call for Proposals from Fund Managers

The Development Bank of Jamaica (DBJ) through its Jamaica Venture Capital Programme (JVCP), and in collaboration with a group of corporate investors (“the Panel)”, is issuing of a Call for Proposals (CFP) to local and international private equity and venture capital fund managers, seeking financing for Funds to invest in companies operating in Jamaica. The […]

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FosRich Brings The Total Number Of Companies Listed On The JSE To 68

The listing of FosRich Company Limited brings the total number of companies on the Junior Market of the Jamaica Stock Exchange to 33 as the fourth company added to the market since the start of the year. FosRich Company Limited raised J$200.9 million from its Initial Public Offering (IPO) and will trading under the symbol […]

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Salada Foods Engages Younger Demographic With Jamaica Mountain Peak Flovoured Coffees

Salada Foods Jamaica is reporting a 7.62 per cent increase in operating profits for the financial year ending September 2017. Reporting in their just released audited financial report to shareholders Chairman Patrick Williams indicated that group operating profit was $80M, which compares favourable to 2016 results of $74.81M Net profits was however down slightly at […]

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“Selling Shareholders” to Pocket J$5B of the $6B in Wisynco Group Limited IPO.

The Wisynco Group Limited is looking to raise just over $6 billion Jamaican dollars and has published its prospectus inviting the public to take up to 784.5 million shares at the subscription price of J$7.87 per share. According to information in the prospectus the Directors will be using the net proceeds to among other things, […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

Blue Power Group Hit By Revaluation Of The Jamaican Currency

Dhiru Tanna Chairman of the Blue Power Group is reporting that export sales continued to outpace increases in the domestic market, with an improvement of 33% over the same quarter in the previous year and 30% for the half year. This as the performance of the hotel size soap continued to show improvement with an […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

Dolphin Cove Assisted By Cruise Ships Diverted From Destinations Impacted By Hurricane Irma

The Board of Directors of Dolphin Cove Limited have released the unaudited consolidated financial statements for the nine months ended September 30, 2017. With the Negril and Yaaman parks showing strong increases, the company reported that total revenue was up 8% in US dollars, for both the nine month and the rolling 12 month periods, […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

FosRich Company Limited Looking To Raise JA$200 Million Via An Initial Public Offering

FosRich’s Managing Director Cecil Foster (right) signs off on IPO prospectus documents earlier in November with SSL’s CEO Mark Croskery. FosRich Company Limited is looking to raise at least JA$200 million via an Initial Public Offering, inviting the public to apply for up to 100.4 million shares @ $2.00 per Share in the capital of […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Oliver Townsend CEO of Knutsford Express is reporting that the 2016/17 financial year saw the company continuing on its strong and sustained growth path with the business recording a 40% increase in net profit to $170M over 2016 with a corresponding 33% growth in assets from $442M in 2016 to $587M. With growth in revenues […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

Paramount Trading Looking To Tourism And Agriculture And Export Of Lubricants And Chemicals To Increase Footprint And Profitability.

For the 2016-2017 financial year Paramount Trading’s performance was fairly solid as revenue grew by $131.5 Million reaching $1.15 Billion up from $1.02 Billion in the previous year, this according to Hugh Graham CEO & Managing Director of company in his report to shareholders contained in the company’s 2017 annual report. Graham who founded the […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

International rating agency Standard Poor’s (S&P) this week downgraded Barbados for the second time in six months, lowering its long-term local currency rating from CCC+ to CCC. In giving the rating a negative outlook, S&P said this reflected the potential for a downgrade over the next 12 months should the Government fail to advance measures […]

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