Tue, 24 Mar 2020 23:02:05 +0000 Transjamaican Highway Biggest IPO on the JSE, Raising JA$14.1 Billion

Today, Transjamaican Highway Limited (TJH) lists its shares on both the Main and USD markets of the Jamaica Stock Exchange (JSE). The Company raised JA$14.1 billion, the largest amount raised from an Initial Public Offering (IPO) on the JSE. The prospectus of Transjamaican Highway Limited was published on February 4, 2020, with an Offer open […] The post Transjamaican Highway Biggest IPO on the JSE, Raising JA$14.1 Billion appeared first on Jamaica Stock Exchange.

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Tue, 18 Feb 2020 21:01:44 +0000 Caribbean Assurance Brokers Limited – Initial Public Offer Closed

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 post Caribbean Assurance Brokers Limited – Initial Public Offer Closed appeared first on Jamaica Stock Exchange.

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Fri, 14 Feb 2020 00:14:35 -0500 Brokers see upside to TJH stock after listing

Brokerage firms rate the TransJamaican Highway, TJH, initial public offering of shares as a buy, with expectations that the stock price will rise in the short term. That’s despite disclosures in the IPO prospectus indicating the toll operator was...

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Thu, 13 Feb 2020 05:39:22 +0000 Moruga eTeck Park to be completed next month

Trade Minister Paula Gopee-Scoon said the eTeck Moruga agro-processing and light industrial park is scheduled to be fully completed next month. She was responding to a question in Senate Tuesday from Opposition Senator Taharqa Obika on the status of the park given Government's commitment to the project in successive budget contributions from 2015-2019. She said construction of the park is 98 per cent complete with full completion scheduled for the end of March. She reported activities already completed were: all factory shells; roads and drainage infrastructure; utilities services such as potable water supply; waste water collection; electrical infrastructure and street lighting; security fencing; and culvert works. She further reported that statutory approvals obtained were Certificate of Environmental Clearance for overall works: approval from the Town and Country Planning Division (TCPD) for development of infrastructure on the site and subdivision of the parcel of land into lots; final TCPD approval for the overall development and subdivision of land and factory shell buildings; design approval from WASA for the waste water treatment plant; and approval from the county medical officer of health. Gopee-Scoon said the marketing and tenanting of the park was being

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Mon, 10 Feb 2020 21:44:44 +0000 Basis of Allotment for First Rock Capital Holdings Limited Issue of 119,903,250 Ordinary Shares in Two Classes

Sagicor Investments Jamaica Limited has advised of the Basis of Allotment to subscribers of the issue of 119,903,250 ordinary shares.  The Offer, made subject to the Prospectus of First Rock Capital Holdings Limited, dated December 5, 2019,  closed on January 31, 2020.  A total of 2,501 applications totaling 119,903,250 units were received – 81,650,250 units […] The post Basis of Allotment for First Rock Capital Holdings Limited Issue of 119,903,250 Ordinary Shares in Two Classes appeared first on Jamaica Stock Exchange.

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Fri, 07 Feb 2020 23:23:02 +0000 Caribbean Assurance Brokers Limited – Junior Market Prospectus

Prospectus – Caribbean Assurance Brokers Limited The post Caribbean Assurance Brokers Limited – Junior Market Prospectus appeared first on Jamaica Stock Exchange.

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Tue, 04 Feb 2020 14:02:20 +0000 NROCC’s Offer for Sale of Shares in Transjamaican Highway Limited – Main Market Prospectus

TransJamaican Highway Limited Prospectus The post NROCC’s Offer for Sale of Shares in Transjamaican Highway Limited – Main Market Prospectus appeared first on Jamaica Stock Exchange.

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Tue, 04 Feb 2020 14:02:20 +0000 Transjamaican Highway Limited – Main Market Prospectus

TransJamaican Highway Limited Prospectus The post Transjamaican Highway Limited – Main Market Prospectus appeared first on Jamaica Stock Exchange.

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Mon, 03 Feb 2020 14:29:46 +0000 Closure of First Rock Capital Holdings Limited’s IPO

Sagicor Investments Jamaica Limited has advised that the Subscription List for First Rock Capital Holdings Limited, made subject to its Prospectus dated December 5, 2019, was closed on January 31, 2020 at 4:30 p.m., and that the Basis of Allotment of Subscribers will follow. “Sagicor Investments Jamaica Limited and First Rock Capital Holdings Limited thank […] The post Closure of First Rock Capital Holdings Limited’s IPO appeared first on Jamaica Stock Exchange.

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Fri, 31 Jan 2020 02:20:34 +0000 Mayor Wagner Updates on Municipal Bond

Belize City Mayor Bernard Wagner is preparing to launch a bond and prospectus. The City Council’s plan is to increase revenue by selling bonds. Wagner says that the limit of [...]

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Thu, 30 Jan 2020 14:25:52 +0000 Prime Minister Andrew Holness at the JSE’s 15th Regional Investments and Capital Markets Conference

Prime Minister Andrew Holness speaks at the JSE's 15th Regional and Capital Markets Conference on January 21, 2020. The Prime Minister told Investors to expect the release of the prospectus for TransJamaican Highway and its possible listing in February. The post Prime Minister Andrew Holness at the JSE’s 15th Regional Investments and Capital Markets Conference appeared first on Jamaica Stock Exchange.

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Thu, 23 Jan 2020 00:16:56 -0500 TransJamaican Highway IPO, Deaf Can! listing imminent

Investors can expect the release of the prospectus for TransJamaican Highway and its possible listing in February, according to Prime Minister Andrew Holness. TransJamaican is already projected to be the largest initial public offering of shares ,...

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Wed, 22 Jan 2020 12:50:20 -0500 Holness expects February listing for TransJamaican Highway

  Investors can expect the release of the prospectus for TransJamaican Highway and its possible listing in February, according to Prime Minister Andrew Holness. TransJamaican is already projected to be the largest initial public offering of...

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Thu, 19 Dec 2019 23:01:56 +0000 First Rock Capital Holdings Limited – Main Market Prospectus

FRCH2019-Prospectus The post First Rock Capital Holdings Limited – Main Market Prospectus appeared first on Jamaica Stock Exchange.

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Thu, 12 Dec 2019 22:14:12 +0000 Basis of Allotment for Sagicor Select Funds Limited (Class C – Sagicor Manufacturing and Distribution Select Fund) Ordinary Shares

Sagicor Investments Jamaica Limited (SIJL) has advised of the Basis of Allotment to subscribers of the issue of Sagicor Select Funds Limited (Class C – Sagicor Manufacturing  and Distribution Select Fund) Ordinary Shares, as follows: “The Offer made subject to the Prospectus of Sagicor Select Funds Limited (Class C – Sagicor Manufacturing  and Distribution Select […] The post Basis of Allotment for Sagicor Select Funds Limited (Class C – Sagicor Manufacturing and Distribution Select Fund) Ordinary Shares appeared first on Jamaica Stock Exchange.

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Thu, 05 Dec 2019 00:12:57 +0000 Sagicor Select Funds Limited ( Class C- Sagicor Manufacturing and Distribution Select Fund) – Closure of Initial Public Offer

Sagicor Investments Jamaica Limited has advised that the Subscription list for Sagicor Select Funds Limited ( Class C- Sagicor Manufacturing and Distribution Select Fund) IPO, made subject to its Prospectus dated October 30, 2019 was closed on December 4, 2019 at 4:30 pm. The post Sagicor Select Funds Limited ( Class C- Sagicor Manufacturing and Distribution Select Fund) – Closure of Initial Public Offer appeared first on Jamaica Stock Exchange.

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Fri, 22 Nov 2019 22:40:41 +0000 Mailpac Group Limited – Initial Public Offering (IPO) Closure

NCB Capital Markets Limited has advised that the Invitation for Subscription made by Mailpac Group Limited subject to a prospectus dated November 12, 2019 in respect of ordinary shares at the price of $1.00 to the general public and $0.90 to certain reserved share applicants, closed at approximately 5:00 p.m. on Friday, November 22, 2019.  […] The post Mailpac Group Limited – Initial Public Offering (IPO) Closure appeared first on Jamaica Stock Exchange.

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Sat, 16 Nov 2019 00:10:08 +0000 JMMB Group Limited (JMMBGL) – Additional Share Offer Basis of Allotment

JMMB Group Limited (JMMBGL) – Additional Share Offer Basis of Allotment: JMMB Group Limited (the “Company”) has made an invitation for subscription (the “Invitation”) in respect of 266,737,797 New Ordinary Shares, with the ability to upsize to a maximum of 325,000,000 New Ordinary Shares (the “New Ordinary Shares”) subject to a prospectus dated 15 October […] The post JMMB Group Limited (JMMBGL) – Additional Share Offer Basis of Allotment appeared first on Jamaica Stock Exchange.

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Fri, 15 Nov 2019 17:37:01 +0000 Lumber Depot Limited – Junior Market Prospectus

Lumber Depot Prospectus The post Lumber Depot Limited – Junior Market Prospectus appeared first on Jamaica Stock Exchange.

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Thu, 14 Nov 2019 05:50:41 +0000 Govt, China sign loan for US$104m

Chinese ambassador Song Yumin and Minister of Foreign and Caricom Affairs Dennis Moses have signed a framework agreement for a concessional loan between the governments for the development of Phoenix Park Industrial Estate. The agreement was signed yesterday at the ministry at the International Waterfront Complex. Trade Minister Paula Gopee-Scoon gave the value of the loan as USD104 million. On the time frame for repayment, interest rate, and terms and conditions of the loan, Gopee-Scoon said: “That is still amateur for the Ministry of Finance in their negotiations with the China Exim Bank.” She added: “It’s a concessional loan, so I’m sure it’s at a very low interest rate, but it is a matter for the Ministry of Finance in their negotiations.” She said at least 1,000 people will be employed in the construction stage, and when the entire park is filled, some 5,000 people will get jobs there. “There are already interested parties from China, TT, and we do have an anchor tenant from Latin America,” said Gopee-Scoon. “We have completed our prospectus and InvesTT, (an arm of her ministry) will be going to China to meet with Beijing Construction Engineering Group (BCEG) and our mission in China, where they will further market the p

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Thu, 14 Nov 2019 01:01:15 +0000 Mailpac Group Limited Prospectus

Mailpac_Prospectus Final The post Mailpac Group Limited Prospectus appeared first on Jamaica Stock Exchange.

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Wed, 06 Nov 2019 16:43:09 +0000 Sagicor Select Funds Limited – Manufacturing and Distribution Prospectus

Sagicor Select Funds Limited Manufacturing and Distribution The post Sagicor Select Funds Limited – Manufacturing and Distribution Prospectus appeared first on Jamaica Stock Exchange.

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Mon, 04 Nov 2019 22:44:56 +0000 JMMB Group Limited (JMMBGL) – Additional Share Offer New Closing Date

JMMB Group Limited (JMMBGL) has advised that due to the overwhelming response to its Additional Public Offer made subject to the Prospectus dated October 15, 2019, the Company has elected to close the offer earlier than its previously scheduled closing date of November 11, 2019.  The new closing date is Thursday, November 7, 2019 at 3:00 […] The post JMMB Group Limited (JMMBGL) – Additional Share Offer New Closing Date appeared first on Jamaica Stock Exchange.

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Tue, 22 Oct 2019 19:39:40 +0000 EHL announces opening of initial public offering

ENDEAVOUR Holdings Ltd (EHL) says it is offering an exciting investment opportunity for investors to potentially build wealth through an indirect investment in prime, income-producing real estate in TT. EHL’s initial public offering (IPO) opened at 8 am on Monday and closes at 4 pm on November 15. Through the IPO, the company will offer 1,439,744 ordinary shares at a price of $12.50 per share. EHL is a real estate investment company, incorporated in March 2001, and its primary assets consist of various commercial and retail income-generating properties. The company has a diverse portfolio that includes Class A signature buildings, including Briar Place office building in St Clair, Price Plaza Shopping Centre in Chaguanas, and four leased to SuperPharm in Westmoorings, Valsayn, Chaguanas and San Fernando. The rental income generated by EHL’s property portfolio will be its primary source of income and, therefore, the primary source of dividends to be declared by EHL. The company says it aims to declare dividends of at least 15 per cent to 30 per cent of its net profit after tax and will make payment of any declared dividends twice annually. The company’s total asset base is $900 million ($864 million from properties) wi

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Tue, 15 Oct 2019 23:01:00 +0000 JMMB Group Limited Prospectus – Additional Public Offer of Ordinary Shares

JMMB PROSPECTUS Offer Opens: October 22, 2019 The post JMMB Group Limited Prospectus – Additional Public Offer of Ordinary Shares appeared first on Jamaica Stock Exchange.

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