Home Tag "Scotia Group Jamaica Limited"

Scotia Group Jamaica Reporting Marginally Improved EPS of JA$3.91 For 2017

Scotia Group Jamaica Limited is reporting increased profits of JA$12.4 billion compared with JA$11.6 billion in the prior year, achieved on revenues of JA$39.4 billion, an increase of $2 billion. The Group outlined in recently released Audited Financial Statements for the Year Ended October 31, 2017, closed the year with marginally improved earnings per share […]

Eppley Acquires Fortress Caribbean Property Fund

Scotia Group Has The Right Strategy To Ensure Delivery Of Solid Returns And Increased Long Term Value For Stakeholders – Sharp

As she hands over the leadership reins to David Noel, outgoing Group Chief Executive Officer of Scotia Group Jamaica Jackie Sharp, has indicated that she was confident that Scotia Group has the right strategy to ensure delivery of solid returns and increased long term value for stakeholders. Mrs. Sharp reported that her final quarter showed […]

Gray’s Pepper Products Sells 33.3 % Stake To GK Investments Limited

David Noel Tipped To Head Scotia Group Jamaica Limited and The Bank of Nova Scotia Limited effective November 1, 2017

Scotia Group Jamaica Limited (SGJ) has advised that Mrs. Jacqueline Sharp has resigned from Scotia Group Jamaica Limited and The Bank of Nova Scotia Limited in order to pursue her desire to join her family business.  The effective date of her resignation is October 31, 2017. SGJ advises that Mr. David Noel, currently Deputy CEO, […]

Eppley Acquires Fortress Caribbean Property Fund

Scotia Investments Shareholders Vote In Favour Of Scheme Of Arrangement

Scotia Investments Jamaica Limited (SIJL) has advised that its shareholders voted in favour of the Scheme of Arrangement whereby shares held by the minority shareholders are to be cancelled, and in consideration of which, shareholders shall receive J$38.00 per share or the US$ equivalent from the Scotia Group Jamaica Limited. SIJL has further advised that […]

Eppley Acquires Fortress Caribbean Property Fund

Scotia Investments Jamaica Secures Supreme Court Order Permitting Company To Convene Meeting Of Its Stockholders

Scotia Investments Jamaica Limited has announced that on July 24, 2017 the Supreme Court of Judicature of Jamaica issued an Order permitting the Company to convene a Meeting of its stockholders to facilitate the Company becoming a wholly-owned subsidiary of Scotia Group. Under the Scheme of Arrangement, if approved, stock units in the Company held […]

Eppley Acquires Fortress Caribbean Property Fund

Mayberry Signs “Lockup Agreement” With Scotia Group For Scotia Investments At J$38.00

Mayberry’s Senior VP of Investment Banking, Tania Waldron-Gooden, signs “Lockup Agreement” with Scotia Group Jamaica Limited. The agreement was signed pledging support of Scotia Group’s recently announced Scheme of Arrangement to take Scotia Investments private at a price of J$38 per share. Looking on is CEO of Scotia Investments, Lissant Mitchell. Mayberry Investments Limited (Mayberry) […]

Gray’s Pepper Products Sells 33.3 % Stake To GK Investments Limited

Scotia Investments Jamaica Limited To Be Delisted?

Scotia Investments Jamaica Limited has received a formal proposal from its parent company, Scotia Group Jamaica Limited to initiate a Scheme of Arrangement to take Scotia Investments private by cancellation of the shares held by all the minority shareholders at a price of J$38.00 per share. Under the proposal, shareholders whose shares are listed on […]

Gray’s Pepper Products Sells 33.3 % Stake To GK Investments Limited

Scotia Group Jamaica Reporting 14% Jump In Net Income To JA$5.7 Billion For Six Months Ended April 2017 – Sharp

Scotia Group Jamaica Limited released Unaudited Financial Statements for Q2, 2017 reporting net income of JA$5.7 billion for the six months period ended April 30, 2017. This represents an increase in net income of JA$718 million or 14%, compared to the period ended April 30, 2016. Jackie Sharp, President & CEO commenting on the results […]

Gray’s Pepper Products Sells 33.3 % Stake To GK Investments Limited

SGJ And SIJL Declares Interim Dividend Of JA$0.45 Per Share Payable On April 19, 2017 To Shareholders On Record As At March 28, 2017.

Scotia Group Jamaica Limited (SGJ) and Scotia Investments Jamaica Limited (SIJL) have submitted their unaudited financial statements for the first quarter ended January 31, 2017. SGJ has declared an interim dividend of $0.45 per share payable on April 19, 2017 to shareholders on record as at March 28, 2017. The ex-dividend date is March 24, […]

Eppley Acquires Fortress Caribbean Property Fund

Scotia Group Reporting Net Profit Of JA$2.2 Billion For The Three Months Ended January 2017.

Jackie Sharp Group president and CEO of Scotia Group is reporting net profit of $2.2 billion for the three months ended January 2017. This represents a $250 million increase over the $1.96 billion reported for the same period in 2016. In her report to shareholders as part of the company’s financial statement for the period, […]

Eppley Acquires Fortress Caribbean Property Fund