Mayberry sells Access shares
KINGSTON, Jamaica – Mayberry Investments today announced that it has sold over 100 million units of its shares in Access Financial Services Limited. The shares were sold at $9 each.
After an initial investment of J$38 million in 2006, the investment bank says it will earn approximately J$955 million or US$8.34 million from the transaction.
CEO of Mayberry Investments Gary Peart said, “Whilst we are happy to monetise the investment, we are now interested in finding new investments to deploy the proceeds profitably.
“As we approach our 30th year in business, Mayberry will continue to provide value, creating solutions for our various stakeholders.”
Mayberry is a full service financial advisory and brokerage firm whose offerings include asset management, stocks and bonds trading, cambio and investment banking services.