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COMPANY REPORTS

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DIVIDEND CONSIDERATION
Access Financial Services Limited (AFS) has advised that at a meeting scheduled for Thursday, January 21, 2016 the Board of Directors will consider making a dividend payment to its ordinary shareholders.
AMG Packaging & Paper Company Limited (AMG) has advised that at a meeting scheduled for Thursday, January 14, 2016 the Board of Directors will consider the payment of an interim dividend.
Cave Shepherd and Company Limited directors have declared a final dividend of six (6) cents per share to be paid on February 26th, 2016 to Shareholders on record at close of business on February 12th, 2016.

TRADING IN SHARES
Supreme Ventures Limited (SVL) has advised that a connected party sold 200,000 units of SVL shares January 6, 2016.
Jamaica Stock Exchange Limited (JSE) advises that a Director purchased 20,000 units of JSE shares on January 5, 2016.
Lasco Financial Services Limited (LASF) has advised that a connected party sold 40,901 units of LASF shares January 4, 2016.
Jamaican Teas Limited (JAMT) has advised that a connected party purchased 27,634 units of JAMT shares on January 4, 2016.
Caribbean Producers (Jamaica) Limited (CPJ) has advised that a connected party purchased 1,000 units of CPJ shares December 31, 2015 and it has also advised that a connected party purchased 28,000 units of CPJ shares December 29 – 30, 2015.
Scotia Group Jamaica Limited (SGJ) has advised that three Senior Managers collectively purchased 101,800 units of SGJ shares December 30 – 31, 2015.
Jamaica Stock Exchange Limited (JSE) advises that a Senior Manager sold 8,000 units of JSE shares on December 30, 2015.
138 Student Living Jamaica Limited (138SL) has advised that connected parties sold 15,679,334 units of 138SL shares on December 29, 2015.
National Commercial Bank Jamaica Limited (NCBJ) has advised that two subsidiaries collectively purchased 20,000,002 units of Knutsford Express Limited shares on December 22, 2015, which represents a 20% holding.

CORPORATE MOVEMENTS
Trinidad Cement Limited (TCL) has advised that Mr. Luis Ali has been assigned to assume the position of Group Finance Manager, TCL Group effective January 4, 2016.
Hardware & Lumber Limited (HL) has advised that several directors tendered their resignation at a meeting held on December 30, 2015. They are: Andrea Coy, Grace Burnett, M. Audrey Hinchcliffe, Gordon Sharp and Donald G. Wehby
Also at that meeting, the following directors were duly appointed: Christopher Bovell, Joseph Bogdanovich, Anthony Bell, Patrick Williams and Marcus Richards.

ANNUAL GENERAL MEETINGS
BICO Limited -Directors have fixed January 26th, 2016 as the record date for the determination of shareholders entitled to receive notice of the Annual General Meeting of the Company which will be held on February 23rd, 2016.
138 Student Living Jamaica Limited (138SL) – Annual General Meeting, January 26, 2016
Pulse Investments Limited (PULS) – Annual General Meeting, January 26, 2016
Massy Holdings Limited Notice is hereby given that the Annual General Meeting of the Shareholders of the Company will be held on February 12th, 2016.
National Commercial Bank Jamaica Limited (NCBJ) – Annual General Meeting, February 25, 2016

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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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