Business notes — February 15, 2023
Executive & Director Changes
Michelle Harris has been promoted to senior manager of the Employee Benefits Division of Caribbean Assurance Brokers Limited effective February 1.
Chantal Bennett has been appointed chair of JFP Limited’s Corporate Governance, Remuneration and Nomination Committee, and as a member of its Audit Committee effective February 7.
James McLetchie has been appointed as the group chief financial officer of Massy Holdings Limited effective June 1.
Toni Cooke has been appointed the deputy chief executive officer and chief operating officer of iCreate Limited.
Market Sales & Events
A connected party of Jamaica Broilers Group Limited purchased 750,000 shares for a consideration of $22.23 million while another connected party purchased 249,366 shares for a consideration of $7.92 million on February 9. A connected party of Kingston Wharves Limited purchased 6,147,361 shares at $34.99 for a consideration of $215.10 million on February 9.
Eppley Caribbean Property Fund Limited – Value Fund repurchased 1,185 shares for $55,860 between January 30 to 31.
MPC Caribbean Clean Energy Limited’s unaudited fourth-quarter report has been delayed and should be submitted by February 28.
Sygnus Real Estate Finance Limited’s annual report has been delayed due to internal system constraints and should be published by March 15.
Salada Foods Jamaica Limited’s annual report has been delayed and should be submitted by March 15.
Access Financial Services Limited has declared a dividend of $0.10 to be paid on March 9 to shareholders on record as of February 23. This payment totals $27.45 million.
Proven Group Limited has declared a dividend of US$0.0020/$0.3087 to be paid on March 13 to shareholders on record as of February 24. This payment totals US$1,603,464 or $247.49 million.
Carreras has declared a dividend of $0.23 to be paid on March 22 to shareholders on record as of March 1. This payment totals $1.12 billion.
Sterling Investments Limited’s board of directors will meet today to consider an ordinary dividend payment to shareholders, while Cargo Handlers Limited will consider an ordinary dividend payment at its board meeting on February 20. Productive Business Solutions Limited will consider dividend payments on its 9.25 and 10.50 per cent perpetual cumulative redeemable preference shares on February 23. Dolla Financial Services Limited will consider an interim dividend payment on February 23.
— David Rose
