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Businessuite Events Calendar

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Monday, November 23
Rotary Club St. Andrew North
Venue: Wyndham Hotel, New Kingston

Tuesday, November 24
UC Rusal Scholarship Award Breakfast
Venue: Knutsford Court Hotel

PSOJ President’s Forum
Venue: The Jamaica Pegasus Hotel,

Rotary Club of Mandeville
Venue: Golf View Hotel, Manchester

MSBM Public Advocacy Series
Venue: Executive Lecture Theatre, Mona School of Business and Management, North UWI, Mona

Wednesday, November 25
Kiwanis Club of New Kingston
Venue: Institute of Chartered Accountants

Thursday, November 26
MYMC Workshop “Communicating Strategic Decisions and Changes to Team Members”
Venue: The Knutsford Court Hotel

Saturday, November 28
BUILD EXPO JAMAICA 2015
Venue: The National Arena

Sunday, November 29
A Jamaican Made Christmas
Venue:Jamaica Pegasus Hotel

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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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