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O-Wrap: J’can-American young wonder… Wisynco raises $6.1 b in IPO… Slight decrease in NWC bills
Haile Thomas
Latest News, News
December 27, 2017

O-Wrap: J’can-American young wonder… Wisynco raises $6.1 b in IPO… Slight decrease in NWC bills

In case you missed it, here are OBSERVER ONLINE’s top 10 stories for today:

1. Jamaican-American named CNN ‘Young Wonder of the Year’

The Atlanta, Georgia-based Cable News Network (CNN) has named Jamaican American, Haile Thomas among its five “Young Wonders of the Year.” Full story here

2. Alpart to ship first 35,000 tonnes tomorrow

The first shipment of 35,000 tonnes of alumina from Alpart since the plant reopened under Chinese ownership is scheduled to leave Jamaica on Friday, marking the first time alumina is being exported from the company in over eight years, the company said in a release a today. Full story here

3. NWC customers to see slight decrease in bills come January

Come January 1, 2018, National Water Commission (NWC) customers should see a slight decrease in their water bills due to a change in the computations for water, sewerage, service charge as well as the X factor and price adjustment mechanism (PAM). Full story here

4. 2,000 new investors added to stock market as Wisynco raises $6.1 b in IPO

Wisynco Group Limited raised the single largest amount of ordinary equity capital from investors via an IPO, raising $6.1 billion to list on the Main Market of the Jamaica Stock Exchange (JSE) today. Full story here

5. New Year’s Eve fireworks for St Ann

The St Ann Development Company is offering families in St Ann and surrounding parishes the opportunity to enjoy fireworks this New Year’s Eve on the Ocho Rios Bay Beach. Full story here

6. Zimbabwe unveils generous Mugabe retirement package

Zimbabwe’s ousted president Robert Mugabe will get a residence, a car fleet and private air travel as part of a new government-funded retirement package for former leaders, state media reported Thursday. Full story here

7. Victoria Mutual Investments to list on JSE

Victoria Mutual Investments Limited (VMIL) is scheduled to list on the main market of the Jamaica Stock Exchange (JSE) tomorrow following a successful public offer, which was over-subscribed and closed on December 12. Full story here

8. Verdict pending in lawsuit over 2011 Caribbean Airlines plane crash in Guyana

A federal judge is considering whether an airline should pay damages to a Connecticut woman injured in a plane crash in Guyana in 2011. Full story here

9. JUTC postpones Premium Express fare increase pending review

The Jamaica Urban Transit Company (JUTC) has postponed its planned fare increase for its Premium Express Service pending a review. Full story here

10. Sunwing launches inaugural non-stop flight from Vancouver to Montego Bay

Signalling a growth spurt in the Canadian tourism market for Jamaica, major Canadian tour operator Sunwing on Tuesday launched its first non-stop, once weekly flight between Canada’s third largest city, Vancouver, and Montego Bay, Jamaica. Full story here

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