Home Tag "Willliam Mahfood"

Wisynco Group To Take a JA$1B Hit in Revenue and JA$74M in Net Income From Proposed Ban On Styrofoam

Wisynco Group Limited (WISYNCO) is reporting that it will cost the company around JA$1B in revenue, representing 4% of the company’s revenue and approximately JA$74M in net income, representing 3% of the company’s net income, arising from the proposed ban on Styrofoam for local manufacturers, set to take effect on January 1, 2020. This based […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

“Selling Shareholders” to Pocket J$5B of the $6B in Wisynco Group Limited IPO.

The Wisynco Group Limited is looking to raise just over $6 billion Jamaican dollars and has published its prospectus inviting the public to take up to 784.5 million shares at the subscription price of J$7.87 per share. According to information in the prospectus the Directors will be using the net proceeds to among other things, […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits