Home Tag "IPO"

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 […]

Jamaican Entrepreneurs and Private Sector Encouraged to Explore Opportunities Within New Cariforum-United Kingdom (Uk) Trade Arrangement

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 […]

Jamaican Entrepreneurs and Private Sector Encouraged to Explore Opportunities Within New Cariforum-United Kingdom (Uk) Trade Arrangement

Spotify’s unusual IPO

Music streaming service Spotify has filed to go public in what could be one of the biggest tech debuts this year. Unlike a traditional IPO, no new shares will be offered. Instead, through a process known as a direct listing, the music streaming group will float its existing shares and let the market find a […]

Hiring Seniors Seen Is A Good Deal For Fast-Food Chains As They Get Years Of Experience For The Same Wages

Spotify Files For IPO

Spotify, the music streaming company, has filed paperwork to list its shares on the New York Stock Exchange. Beginning the regulatory process for a listing means the popular music service could be the first large, well-known market debut of 2018, after a rebound in initial public offering activity last year. By the end of the […]

Hiring Seniors Seen Is A Good Deal For Fast-Food Chains As They Get Years Of Experience For The Same Wages

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 […]

Jamaican Entrepreneurs and Private Sector Encouraged to Explore Opportunities Within New Cariforum-United Kingdom (Uk) Trade Arrangement

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 […]

“GraceKennedy Satisfied With Q3 Financial Results, However Still Have Work To Do To Ensure That We Maximize Shareholder Value.” Wehby

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 […]

Jamaican Entrepreneurs and Private Sector Encouraged to Explore Opportunities Within New Cariforum-United Kingdom (Uk) Trade Arrangement