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Brian Wynter, Former Bank of Jamaica Governor, Joins Seprod Group Board of Directors

Seprod Limited has announced the appointment of Mr. Brian Wynter, CD to the Board of Directors, effective February 10, 2020. Mr. Brian Wynter is internationally recognized as a central banker and financial markets executive with a wide range of private and public sector experience in challenging environments. He was governor of the Bank of Jamaica […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

Junior Market listed company iCreate Limited is reporting in recently published unaudited financial statements for the twelve-month ended December 31, 2019, strong revenue growth. This as the company recorded revenue of JA$48.3 million for the twelve months, an increase of 51.6% when compared to the corresponding period of 2018. Managing Director Tyrone Wilson, commenting on […]

Irie Jam 360 Media To Conclude Sale Of Non-Controlling Stake To Kingsley Cooper Controlled Pulse Investments

Irie Jam 360 Media is set to conclude the sale of a non-controlling stake in the company to the Kingsley Cooper controlled Pulse Investments Limited. Irie Jam 360 Media is a New York-based radio, TV and internet media group, which broadcasts to a mainly Caribbean market in the tri state area of New York, New […]

Caribbean Producers Jamaica Reporting Strong Sales In 2019 QI And Q2, Recording Revenues Of US$32.38M and an increase of 522% in Q2 Net Profit

Caribbean Producers Jamaica (CPJ) after recording strong sales in QI, continued the trend in Q2 of the current fiscal year, recording revenues of US$32.38M, which is 10% over Q2 of the last fiscal year 2018/2019. For the month of December 2019, the company achieved record sales of over USS11M and earned profit before taxes of […]

138 Student Living Jamaica Reporting Positive Impact Of Sustained Measures Impacting Profit Before Taxation Of JA$183M For The Three Months Ended 31 December 2019

138 Student Living Jamaica Limited is reporting for the three months ended 31 December 2019 profit before taxation of JA$183M. Revenue for the quarter was JA$464M, an increase of 108% when compared to the corresponding period last year. Overall, expenses for the quarter increased by 1% when compared to 2019. Operating profits amount to $191M, […]

Government Of Jamaica Earmarks JA$8.8M To Further Promote And Build Out The Global Services Sector

The Government of Jamaica has earmarked approximately JA$8.857 million to further promote and build out the Global Services Sector (GSS) in Jamaica during the upcoming fiscal year. This provision, for the ‘Implementation Support for Skills Development for Global Services’ project, is contained in the 2020/21 Estimates of Expenditure, now before the House of Representatives. The […]

Mailpac Group Performing Ahead of IPO Revenue and Profits Projections

Mailpac Group Limited has released its first set of financial statements as a publicly listed company, reporting revenues for the quarter ended December 31, 2019, of JA$361.7 million, which is 5.9% higher than what they had projected in the IPO Prospectus. Gross Profit for the quarter was JA$181.7 million, surpassing the JA$176.8 million projected in […]

Pulse Investments On Acquisition Drive

The Kingsley Cooper Controlled Pulse Investments Limited’s (PULS) has advised that PULS’ Board is considering the following acquisitions: “A substantial (non-controlling) stake in Irie Jam 360 Media, a New York-based radio, TV and internet media group, broadcast to a mainly Caribbean market in the tri-state area of New York, New Jersey, and Connecticut. “A substantial stake in […]

Caribbean Assurance Brokers Limited – Initial Public Offer Closed

Mayberry Investments Limited (“Mayberry”) announces the closure of Caribbean Assurance Brokers Limited’s (the “Company”) Initial Public Offer (the “Offer”) of 52,500,000 ordinary shares (the “Shares”), at the price of $1.91 per share, made subject to a Prospectus issued by the Company on Friday, February 7, 2020. The application list for the Offer opened today at […]

Electric Mobility To Be Explored At Fourth Energy And Climate Partnership Of The Americas (ECPA) Ministerial Meeting

Electric mobility, or e-mobility, will be one of the topics explored at the Fourth Energy and Climate Partnership of the Americas (ECPA) Ministerial meeting from February 27 to 28 at the Montego Bay Convention Centre, St. James. E-mobility refers to vehicles that are powered by an electric motor and primarily get their energy from the […]