Home Tag "Joanna Banks"

PanJam Investment acquires 25% stake in Williams Offices (Caribbean) the Regus’ Franchise Partner in the Caribbean

PanJam Investment Limited (PanJam) yesterday announced that it had acquired a 25 per cent stake in Williams Offices (Caribbean) Limited (Williams Offices), this following on the heels of their recent acquisition of a 6.1% stake in JMMB Group Limited, valued at close to JA$2.7 billion. Williams Offices (Caribbean) Limited, which is the Regus’ Franchise Partner […]

Corporate Movements February 2019

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

PanJam Investment Acquires 20 % Stake In Micro-Lender Term Finance

PanJam Investment Limited recently announced its acquisition of a 20 per cent stake in Term Finance (Jamaica) Limited, the Jamaican subsidiary of Term Finance Holdings Limited, a regional micro-lending business. Term Finance was established in Jamaica in September 2017, with the aim of introducing a new, ethical, and completely web-based approach to Jamaica’s microcredit industry. […]

Corporate Movements February 2019