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RESIGNATIONS AND APPOINTMENTS

Caribbean Producers (Jamaica) Limited (CPJ)
Caribbean Producers (Jamaica) Limited (CPJ) has advised of the appointment of Dr. Neville Ledgister to the post of Director of Retail Trade and Marketing effective October 26, 2015, with responsibility for the company’s retail trade sales division.

Scotia Group Jamaica Limited (SGJ)
Scotia Group Jamaica Limited (SGJ) has advised of the resignation of Ms. Carlene Lyn as Vice President, Commercial Banking from the Bank of Nova Scotia Jamaica Limited subsidiary Company effective October 30, 2015. Ms. Lyn has been appointed to the position of Assistant General Manager, Corporate & Commercial Banking at the Bank of Nova Scotia Cayman.

Scotia Investments Jamaica Limited (SIJL)
Scotia Investments Jamaica Limited (SIJL) has advised of the resignation of Dr. Anna Law as Director effective October 30, 2015.

Caribbean Cement Company Limited (CCC)
Caribbean Cement Company Limited (CCC) has advised of the appointment of Ms. Kathryna Baptiste as Company Secretary effective November 1, 2015 and the resignation of Mrs. Bernadene M. Crooks as Company Secretary effective October 31, 2015.

Paramount Trading (Jamaica) Limited (PTL)
Paramount Trading (Jamaica) Limited (PTL) has advised of the appointment of Ms. Barbara Michelle Kudis as Director effective November 1, 2015.

DECLARATION OF DIVIDEND

Paramount Trading (Jamaica) Limited (PTL)
Paramount Trading (Jamaica) Limited (PTL) has advised that the Board of Directors approved the payment of a final dividend of $0.39 on November 23, 2015 to shareholders on record as at November 12, 2015. The ex-dividend date is November 10, 2015.

Supreme Ventures Limited (SVL)
Supreme Ventures Limited (SVL) has advised that the Board of Directors approved the payment of a dividend of $0.07 to shareholders on record as at November 19, 2015, payable on December 3, 2015. The ex-dividend date is November 17, 2015.

Grace Kennedy Limited (GK)
GraceKennedy Limited (GK) has advised that the Board of Directors approved the payment of an interim dividend of $0.90 payable on December 16, 2015 to shareholders, on record as at November 30, 2015. The ex-dividend date is November 26, 2015.

CONSIDERATION OF A DIVIDEND

Lasco Manufacturing Limited (LASM)
Lasco Manufacturing Limited (LASM) has advised that the Board of Directors at a meeting on Monday, November 9, 2015 will consider the payment of an interim dividend.

Dolphin Cove Limited (DCOVE)
Dolphin Cove Limited (DCOVE) – has advised that the Board of Directors at a meeting on Tuesday, November 10, 2015 will consider the payment of a dividend.

Carreras Limited (CAR)
Carreras Limited (CAR) has advised that the Board of Directors at a meeting on Thursday, November 12, 2015 will consider the payment of an interim dividend and a special capital cash distribution to its shareholders.

JMMB Group Limited (JMMBGL)
JMMB Group Limited (JMMBGL) has advised that the Board of Directors will be convening a special meeting on Friday, November 13, 2015 to consider an interim dividend payment on the company’s ordinary shares.

Salada Foods Jamaica Limited (SALF)
Salada Foods Jamaica Limited (SALF) has advised that the Board of Directors at a meeting on Thursday, November 19, 2015 will consider whether to pay out dividends to the shareholders.

TRADING IN SHARES

Caribbean Cream (KREMI)
Caribbean Cream (KREMI) has advised that connected parties collectively sold 752,895 units of KREMI shares between the period October 22 – 30, 2015.

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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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