Home Tag "JMMB Group"

Kisha Anderson, JMMB Group’s Country CEO For Jamaica Steps Down

JMMB Group Limited (JMMBGL) has advised that Mrs. Kisha Anderson has tendered her resignation, as Country CEO (Jamaica), effective March 31, 2019. JMMBGL further states that after 23 years of invaluable service, Kisha has taken the decision to leave her beloved JMMBGL family and pursue other personal endeavours. She has been instrumental in leading several […]

Corporate Movements February 2019

Proven Investments Now Holds a 20% Equity Position in JMMB Group Limited

Proven Investments Limited (PIL) has declared that PIL total equity holdings in JMMB Group Limited (JMMBGL), now stands at 326,277,325 shares or 20% of the participating voting shares in JMMBGL. PIL also states that the purpose of the acquisition is to generate dividend income, and to ensure that JMMBGL can be characterized as an associated […]

Corporate Movements February 2019

JMMB Group Records Over J$2B in Net Profit

The regional financial entity, JMMB Group, closed out the six-month period, ended September 2018, with a net profit of J$2.1 billion, which reflect a 24% growth year-over-year. Additionally, the Group posted net operating revenue of J$9.3 billion, which reflects an increase of 15%, compared to the corresponding prior period. The Group’s performance was largely driven […]

Wisynco Group Reporting 16% Increase Q2 Revenues and 18% In Gross Profits, As It Takes A Loss Of JA$128 Million Due To Revaluation Of USD Deposits

NCB Financial Group Posts Highest Profit In Company History Supported By Strong Performances Across Business Segments.

The NCB Financial Group Limited (NCBFG) and its subsidiaries (the Group) recorded net profits of JA$28.6 billion for the financial year ended September 30, 2018, with net profit attributable to stockholders of $28.0 billion, an increase of 46% or $8.9 billion over the prior year. For the fourth quarter, net profits exceeded JA$7 billion which […]

Wisynco Group Reporting 16% Increase Q2 Revenues and 18% In Gross Profits, As It Takes A Loss Of JA$128 Million Due To Revaluation Of USD Deposits

JA$2.7B Investment In JMMBGL In Line With PanJam’s Long-Term Strategy To Take Meaningful Equity Positions In Strong, Growing Companies With A Regional Reach.

PanJam Investment Limited has acquired 100,000,000 shares, or a 6.1% stake, in JMMB Group Limited (JMMBGL). PanJam’s purchase of the JMMBGL shares, which took place on September 26, 2018, will be funded with proceeds from a private placement of JA$2.7 billion in secured notes with a 19-month maturity. According to Joanna Banks, PanJam’s Vice-President of […]

Wisynco Group Reporting 16% Increase Q2 Revenues and 18% In Gross Profits, As It Takes A Loss Of JA$128 Million Due To Revaluation Of USD Deposits

NCB Financial Group Reduces Stake In JMMB Group Selling 6% Stake To PanJam Investment Booking Millions In Profit

NCB Financial Group Limited (NCBFG) announced last week that National Commercial Bank Jamaica (NCBJ) a wholly owned subsidiary sold 102,500,000 JMMB Group Limited ordinary shares on September 26, 2018. It was also announced last week that PanJam Investment Limited (PanJam) acquired 100,000,000 shares, or a 6.1% stake, in JMMB Group Limited (JMMBGL) on September 26, […]

Wisynco Group Reporting 16% Increase Q2 Revenues and 18% In Gross Profits, As It Takes A Loss Of JA$128 Million Due To Revaluation Of USD Deposits

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

Mr. Archibald Campbell, Chairman of the JMMB Group, has congratulated Mrs. Street Forrest for her effectiveness as the leader at the Stock Exchange, he went on to say “I would like to thank our shareholders for sticking with us over the years, for without you we could not have achieved the phenomenal growth that we […]

Corporate Movements February 2019

Companies Should Look To The Stock Exchange As A Medium To Raise Capital And Grow Your Business As The Economic Climate Is Right For Companies To Access Capital – Duncan

Mr. Keith Duncan, Group CEO of JMMB Group Ltd, is congratulating the JSE on its 100th listing and thanking his staff for their stellar effort through the years. He told the audience at an event held at the Jamaica Stock Exchange last week where the JMMB Group listed its Cumulative Redeemable and Preference shares on […]

Corporate Movements February 2019

The Jamaica Stock Exchange Is A Medium For Business Expansion And Wealth Creation.

Mrs. Marlene Street Forrest, Managing Director of the Jamaica Stock Exchange is lauding and presenting the JMMB Group as a testament of what can be achieved by other companies, using the Exchange as a medium for business expansion and wealth creation. JMMB she said, has used the power of the market and their record of […]

Corporate Movements February 2019

JMMB Group Creates Innovation Centre In Partnership With Sheldon Powe, Former Group Chief Information Officer.

JMMB Group Limited (JMMBGL) has advised that the Company has decided that it is the right time to pull out innovation from its information (IT) operations, and create an Innovation Centre in partnership with Sheldon Powe, Group Chief Information Officer. “For 21 years, Sheldon Powe has led the JMMB IT team serving the technological needs […]

Corporate Movements February 2019