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BUSINESSUITE EVENTS CALENDAR

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May 16
Caribbean School of Sales Management Sales and Marketing Workshop
Venue: College of Insurance Professional Studies

May 17
JBDC “Taping into Donor Funds -A Proposal Writing Workshop”
Venue: JBCD Incubator & Resource Center

Annual General Meeting -Kingston Properties Limited
Venue: Knutsford Hotel 16 Chelsea Avenue, New Kingston

May 18
Management of Non-Performing Loan
Venue: The Jamaica Institute of Financial Services VM Building

One-day Masterclass in Corporate Governance Excellence
Venue: The Jamaica Pegasus Hotel

“Thought Leaders” Business Conferece
Venue: Spanish Court Hotel

May 19
Annual General Meeting – Caribbean Cement Company Limited
Venue: The Knutsford Court Hotel

JITSA’s Members Meeting – Vision Setting & Annual Objectives
Venue: Fujitsu’s Office, 18 Belmont Road, Kingston 5

Jamaica Chamber of Commerce 34th Annual Awards Ceremony
Venue: The Jamaica Pegasus Hotel 81 Knutsford Boulevard

May 20
Annual General Meeting – TIP Friendly Society
Venue: Jamaica Conference Center, Kingston

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John Mahfood “I Listed on the JSE to Raise Capital for My Business”

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JSE Online Trading Platform

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Grace Stockholders To Vote On 3-for-1 Stock Split Today

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Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

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UK Loses S&P Triple A Rating

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The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

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Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

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Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.

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