Home Tag "Keith Duncan"

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

JMMB Group Limited (JMMB) has committed to investing a minimum of US$200 Million in Alignvest Acquisition ll Corporation (AQY), which is a publicly-traded Special Purpose Acquisition Corporation that is listed on the Toronto Stock Exchange. AQY is currently set to acquire 100% of the ordinary shares of Sagicor Financial Corporation (SFC). Upon the completion of […]

Sagicor Investments To Acquire 60% Stake In Advantage General Insurance For US$30.3M or JA$3.9B

JMMB Group’s Pension Fund in the Dominican Republic is the Top-Performing Fund

JMMB Group’s pension fund in the Dominican Republic, AFP JMMB BDI, was the top-performing pension fund of the seven players in that market, as it provided its clients with a return of 9.19%; when compared to the market’s average of 7.5% on retirement savings, at the close of 2018. The results were revealed by the […]

Sagicor Investments To Acquire 60% Stake In Advantage General Insurance For US$30.3M or JA$3.9B

JMMB Group Newest Campaign Introduces Holistic Approach to Financial Planning

The JMMB Group, on February 24, rolled out its newest marketing campaign that, the company said, is expected to showcase its unique client partnership approach, which will better enable clients to be more strategic in achieving their financial goals. “We want to help Jamaicans to write their success stories, by introducing them to a more […]

Sagicor Investments To Acquire 60% Stake In Advantage General Insurance For US$30.3M or JA$3.9B

Solid 9 Month Results Shown In Banking And Related Services, And Investments Portfolios, Reflect Commitment To Building Out An Integrated Regional Financial Partnership Strategy – Duncan

The regional financial entity, JMMB Group, recorded a net profit of J$3.02 billion, for the nine-month period ending December 31, 2018, which is a 17% increase year-over-year. Additionally, the Group posted net operating revenue of J$13.77 billion, which reflects an increase of 12%, compared to the corresponding prior period. The Group’s performance was largely driven […]

SSL Venture Capital Limited Post Revenues Of JA$93.6M And A Net Loss Of JA$35.6M For The Quarter Ended 31 March 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 […]

Sagicor Investments To Acquire 60% Stake In Advantage General Insurance For US$30.3M or JA$3.9B

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 […]

SSL Venture Capital Limited Post Revenues Of JA$93.6M And A Net Loss Of JA$35.6M For The Quarter Ended 31 March 2019.

EPOC Remains Supportive Of The BOJ’s Accommodative Monetary Policy Stance – Duncan

Economic Programme Oversight Committee (EPOC) Co-Chairman, Keith Duncan, said members are optimistic that the economic growth momentum will be sustained. Statistical Institute of Jamaica (STATIN) data has indicated that the economy grew by 2.2 per cent during the April to June quarter. Mr. Duncan said that as growth levels continue to rise quarter over quarter, […]

Sagicor Investments To Acquire 60% Stake In Advantage General Insurance For US$30.3M or JA$3.9B

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 […]

Sagicor Investments To Acquire 60% Stake In Advantage General Insurance For US$30.3M or JA$3.9B

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 […]

Sagicor Investments To Acquire 60% Stake In Advantage General Insurance For US$30.3M or JA$3.9B

JMMB Group Posting 11% Growth In Net Operating Revenue

The Directors of the JMMB Group have announced that the Group posted net profits of J$2.58 billion, closing the period with earnings per share of J$1.56 for the nine months ended 31 December 2017. The JMMB Group also posted net operating revenue of J$12.28 billion, representing an 11% growth when compared to the prior period, […]

SSL Venture Capital Limited Post Revenues Of JA$93.6M And A Net Loss Of JA$35.6M For The Quarter Ended 31 March 2019.