Home Tag "IPO"

MoneyMondays with Kalilah Enriquez Reynolds- Trans Jamaica Highway IPO Coming Soon!

MoneyMondays for The latest business, finance and economics news in Jamaica from the country’s leading business journalist, Kalilah Reynolds. MoneyMoves Advice for businesses seeking growth. Financial literacy is becoming increasingly important in Jamaica’s changing economic landscape. As more companies go public by listing on the Jamaica Stock Exchange, and with the number of Jamaicans investing […]

Taking Stock for Monday November 4th 2019 – MPC Stock Doubles Before Rights Issue, Mailpac To List & More!!

Tyrone Wilson Takes iCreate Limited To Market With IPO To Raise JA$70M

iCreate Limited is going to the public to raise JA$70M in an Initial Public Offering, and will be inviting applications for 74,062,500 newly issued ordinary shares at a price of $1.01 each. Of the $70M, at least $30M is expected from an allocation for the public and the remaining $40M from two key partner groups. […]

Business Owners Who Have Paid Minimum Business Tax Entitled To Refund, Expected Revenue Loss For Government Is JA$1.093B.

National Water Commission To be listed on Jamaica Stock Exchange Via IPO As Jamaican Government Looks To Raise Equity Financing

Prime Minister Andrew Holness, says the Government is exploring new business models for the National Water Commission (NWC), in an effort to transform and improve the water sector’s performance. Mr. Holness said this has become necessary following a review of the corporate governance and the business model of the water company. The Prime Minister noted […]

Business Owners Who Have Paid Minimum Business Tax Entitled To Refund, Expected Revenue Loss For Government Is JA$1.093B.

Sygnus Credit Investment Flush With Undeployed “dry powder” of US$21M To Invest

Sygnus Credit Investment Limited, which recently listed on the Jamaica Stock exchange following a very successful IPO, is reporting a net profit of US$1.4 Million for the financial year ending June 30th 2018. This, the company is reporting amounts to 9 US cents in basic and diluted earnings per share, driven by total income of […]

Business Owners Who Have Paid Minimum Business Tax Entitled To Refund, Expected Revenue Loss For Government Is JA$1.093B.

Productive Business Solutions & Express Catering Initial Public Offering’s Closed, Oversubscribed

In IPO activity within the local capital markets, Express Catering’s Initial Public Offering closed yesterday at 9am just after it opened, as the offer according to executives from lead broker Mayberry Investments, was oversubscribed. The offer was scheduled to close on, Wednesday 19th July 2017. Express Catering Limited on behalf of its holding company, Margaritaville […]

Business Owners Who Have Paid Minimum Business Tax Entitled To Refund, Expected Revenue Loss For Government Is JA$1.093B.

David McDaniel Taking Family Controlled Stationery and Office Supplies Public To Raise JA$95 million in IPO

Stationery and Office Supplies Limited will be looking to raise JA$95 million dollars via the local capital market with an Initial Public Offering of up to 50 million shares, inclusive of 22.5 million Reserved Shares in the capital of the Company Started in 1965 and now controlled by the McDaniel family headed David McDaniel his […]

Scotia Group Reporting Net Income Of JA$13B For 2019, An Increase Of JA$419M Or 3.28% Over 2019

OVERSUBSCRIBED? – Main Event Offering General Public 2% in IPO, Founders and Mayberry Investments Holding Onto The Rest.

From all indications the Main Event Entertainment Group’s IPO will be over-subscribed, as more than 98% of the shares are already locked-up and accounted for, this according to Businessuite Markets having reviewed the just released prospectus. Main Event Entertainment Group is seeking to raise approximately JA$120 million in an IPO which values the company at […]

Business Owners Who Have Paid Minimum Business Tax Entitled To Refund, Expected Revenue Loss For Government Is JA$1.093B.