Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • Videos
  • Career & Education
  • Classifieds
  • All Woman
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Design Week
Business Notes — June 8, 2022
Mariame McIntosh Robinson—president and CEO of First GlobalBank (Photos: Garfield Robinson)
Business
David Rose  
June 7, 2022

Business Notes — June 8, 2022

Executive and Director Changes

Mariame McIntosh Robinson will be resigning as the president and chief executive officer of First Global Bank Limited (FGB) on July 18. Radcliffe Daley has been made the acting head of the bank until a permanent leader is appointed. Daley is the chief operating officer of FGB. Its unknown if McIntosh Robinson will remain on the boards of other GraceKennedy Limited subsidiaries, such as Key Insurance Company Limited and GK Capital Management Limited.

Tricia Hill has resigned as the country manager for Trinidad and Tobago Seprod Limited effective May 4.

Shena Stubbs Gibson resigned as the company secretary of 1834 Investments Limited and its subsidiaries on May 1. Tara Leevy was appointed as the new company secretary on the same day.

Lisa Kong-Lee and Vishwanauth Tolan have been appointed as the executive director and general manager of Blue Power Group Limited as of June 2.

Market Sales and Events

A connected party of Mayberry Investments Limited purchased 452,884 shares on May 24 while other connected parties purchased 205,293 shares on May 17.

A connected party of Supreme Ventures Limited purchased 10,000 shares on May 18. A connected party of Elite Diagnostic Limited sold 762,359 shares for a consideration of $2.59 million between May 31 to June 2. A director of Wisynco Group Limited sold 500,000 shares for a consideration of $9.5 million on May 26.

An executive of Sagicor Group Jamaica Limited (SJ) was issued stock grants of 5,969 shares under the SJ Employee Share Purchase Plan. An executive of SJ sold 35,088 shares on May 25, while another executive sold 107,592 shares on May 24.

Eppley Caribbean Property Fund Limited-Value Fund repurchased 3,700 shares between May 24 to 31 under its share buyback programme.

A connected party of Mayberry Investments Limited purchased 2,771 shares on May 30, while senior managers sold a total of 313,333 shares on May 31. A connected party of Supreme Ventures Limited sold 1,248,600 shares at $30 for a consideration of $37.46 million on May 31. A director of Icreate Limited purchased 69,747 shares on May 25. A connected party of Ironrock Insurance Company Limited purchased 391,723 shares for $3.08 for a consideration of $1.21 million, while a connected party purchased 266,723 shares between May 24 to 30. A connected party of Mayberry Jamaican Equities Limited sold 715,043 shares to another connected party for a consideration of $10.51 million on May 24. A senior manager of Mailpac Group Limited sold 164,583 shares on May 18.

Berger Paints Jamaica Limited, Stationery and Office Supplies Limited, and Ironrock Insurance Company Limited should submit their annual reports by June 10, June 30, and July 8, respectively. Wigton Windfarm Limited will exercise the extension offered by the Jamaica Stock Exchange to file its 2022 audited financials and annual report.

Proven Investments Limited expects to publish its audited financials by June 30, following additional time to finalise the audit process of three acquisitions during the year.

Carreras Limited has declared a dividend of $0.23 to be paid on July 5 to shareholders on record as of June 17. This payment totals $1.12 billion.

Eppley Caribbean Property Fund Limited-Value Fund has declared a dividend of BDS$0.0015 to be paid on July 15 to shareholders on record as of June 17. This payment totals BDS$204,617.49.

Scotia Group Jamaica Limited will consider an interim dividend payment at its board meeting today. Barita Investments Limited and the Limners and Bards Limited will consider interim dividends at their board meetings tomorrow. Mayberry Investments Limited, Access Financial Services Limited and Procen Investments Limited will consider a dividend payment at its board meeting on June 15, 17 and 24.

— David Rose

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Former Lacovia star Dockery among four Jamaican winners in Berlin
Latest News, Sports
Former Lacovia star Dockery among four Jamaican winners in Berlin
August 30, 2026
Former Lacovia High School standout Sabrina Dockery was among four Jamaican winners at the ISTAF Berlin athletic meet at the Olympic stadium in German...
{"jamaica-observer":"Jamaica Observer"}
More than 20 people may be missing after Grand Canyon flash flood
International News, Latest News
More than 20 people may be missing after Grand Canyon flash flood
August 30, 2026
LOS ANGELES, United States — More than 20 people may be missing after a flash flood in Grand Canyon National Park, the National Park Service said in a...
{"jamaica-observer":"Jamaica Observer"}
Application deadline extended for 2026 National Science, Technology and Innovation awards
Latest News, News
Application deadline extended for 2026 National Science, Technology and Innovation awards
August 30, 2026
KINGSTON, Jamaica — The Office of the Prime Minister (OPM) has extended the application deadline for the 2026 Prime Minister’s National Medal for Scie...
{"jamaica-observer":"Jamaica Observer"}
American Mayo wins ATP Kingston 2 tournament
Latest News, Sports
American Mayo wins ATP Kingston 2 tournament
August 30, 2026
KINGSTON, Jamaica — American Aidan Mayo won the ATP Kingston 2 Challenge Lawn Tennis tournament, beating Andy Andrade of Ecuador 6-3, 7-6 in the final...
{"jamaica-observer":"Jamaica Observer"}
Vernon Buckley keeps reggae alive in Canada
Entertainment, Latest News
Vernon Buckley keeps reggae alive in Canada
August 30, 2026
Vernon Buckley, half of the classic reggae duo popularly known as The Maytones, continues to make his presence felt on the Canadian reggae scene, near...
{"jamaica-observer":"Jamaica Observer"}
Literary content creator Renee Wallace named JLS Reading Ambassador
Latest News, News
Literary content creator Renee Wallace named JLS Reading Ambassador
August 30, 2026
KINGSTON, Jamaica — Literary content creator, Renee Wallace, has been appointed the Jamaica Library Service’s (JLS) new Reading Ambassador. The announ...
{"jamaica-observer":"Jamaica Observer"}
UTech, Jamaica STEM Summer Camp equips youth with AI, Robotics and Sustainability Skills
Latest News, News
UTech, Jamaica STEM Summer Camp equips youth with AI, Robotics and Sustainability Skills
August 30, 2026
KINGSTON, Jamaica — Approximately 100 students from primary and secondary schools across Kingston and St Andrew gained hands-on experience in artifici...
{"jamaica-observer":"Jamaica Observer"}
Rajindra Campbell extends national shot put record
Latest News, Sports
Rajindra Campbell extends national shot put record
August 30, 2026
KINGSTON, Jamaica — Olympic Games medalist Rajindra Campbell extended his Jamaican men’s shot put national record to 22.59m after he won the event at ...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct