Home Tag "Proven Investments Limited"

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 […]

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

Proven Investments Limited Acquires International Financial Planning (Cayman) Limited (IFP).

Christopher Williams, CEO of Proven Management, the management company for Proven Investments, has announced the acquisition of International Financial Planning (Cayman) Limited (IFP) by Proven Investments Limited. International Financial Planning was acquired, as at August 15, 2018, for Fourteen Million, Two Hundred and Thirteen Six Hundred and Ten United States Dollars (US$14,213,610) for 100% of […]

Cargo Handlers’ Increased Q2 Revenue Mainly Attributed To Baggage Handling And Provisioning Activities Associated With Home-Porting Cruise Vessels

Access Financial Services Reporting Solid Performance Recording 2017/2018 NPAT Of JA$716M On Revenues Of JA$1.7B.

Marcus James CEO, for Access Financial Services Limited is reporting a solid performance for the Company for the financial year 2017/2018. The company recorded net profit after tax of JA$716 million on Revenues of JA$1.7 billion, as total assets grew by 10%, up from $3.2 billion in 2017 to $3.5 billion in 2018. This credible […]

Cargo Handlers’ Increased Q2 Revenue Mainly Attributed To Baggage Handling And Provisioning Activities Associated With Home-Porting Cruise Vessels

PROVEN Declares Dividend & Early Redemption of Cumulative Redeemable Preference Shares

Proven Investments Limited has declared a dividend payment of US$ 0.0012 per share payable on June 26, 2018 to ordinary shareholders on record as at June 8, 2018. The ex-dividend date is June 7, 2018. Ordinary shareholders who have requested payment in Jamaican Dollars will receive the equivalent of JA$0.151491 per share. PROVEN also declared […]

Cargo Handlers’ Increased Q2 Revenue Mainly Attributed To Baggage Handling And Provisioning Activities Associated With Home-Porting Cruise Vessels

Proven Investments Enters Agreement To Acquire 100% Of Licensed Security Dealer With Offices Throughout Caribbean Region.

Proven Investments Limited has advised that it has entered into an agreement to acquire 100% of the common equity of a licensed security dealer with offices in Cayman and throughout the Caribbean Region. The offer which is subject to regulatory approval within the various jurisdictions, will see full disclosure provided after the relevant approvals have […]

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

Proven Investments Reporting Marginal Growth In Net Revenues & A 42.53% Decline In Net Profits To June 2017

Proven Investments Limited is reporting marginal growth in Net Revenues for the quarter ended June 30, 2017, with a 2.97% increase to US$7.30 million compared to US$7.09 million earned during the same period last year. Spread income was the major contributor to revenue during the period, with a 22.78% improvement compared with the same period […]

Cargo Handlers’ Increased Q2 Revenue Mainly Attributed To Baggage Handling And Provisioning Activities Associated With Home-Porting Cruise Vessels

Proven Investments To Raise US$16.5 Million To Fund Acquisition Opportunities, Expansion Plans And Strengthening Capital Base

Proven Investments Limited has gone to the capital markets to raise US$16.5 million or JA$2.15 billion, at full subscription, in funding for upcoming acquisition opportunities, expansion plans and strengthening the capital base of the company. To raise the funds the company’s board of directors approved the offer and issuance of an additional 68,949,472 ordinary shares […]

Cargo Handlers’ Increased Q2 Revenue Mainly Attributed To Baggage Handling And Provisioning Activities Associated With Home-Porting Cruise Vessels

Proven Preference Shareholders To Receive Dividend Payment Of J$0.1031 Per Share.

Proven Investments Limited preference shareholders on record before February 28 will today receive a dividend payment of J$0.1031 per share. It stems from a reported 123.1% increase in Net Profit attributable to shareholders for the nine months ended December 31, 2016, amounting to US$4.8 million. For the 2015 period, net profit amounted to US$2.1 million. […]

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

Proven Plans To Canvas The Caribbean To Further Develop Leads In A Number Of Territories – Williams

Proven Investments Limited preference shareholders on record before February 28 will today receive a dividend payment of J$0.1031 per share. It stems from a reported 123.1% increase in Net Profit attributable to shareholders for the nine months ended December 31, 2016, amounting to US$4.8 million. For the 2015 period, net profit amounted to US$2.1 million. […]

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

Proven Investments Acquires Bank of Saint Lucia International Limited

Proven Investments Limited (PROVEN) has advised that on December 12, 2016 it entered into an Agreement for Sale and Purchase of Shares to acquire 100% of the common equity of Bank of Saint Lucia International Limited (BOSIL) from East Caribbean Financial Holding Company Limited for an undisclosed consideration. The proposed acquisition by PROVEN is subject […]

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