Insurance brokerage firm Caribbean Assurance Brokers Limited (CAB) is seeking to raise just over $100 million in an initial public offering (IPO) on the Junior Market of the Jamaica Stock Exchange (JSE). According to the prospectus posted on Friday last, the IPO, which opens on February 18 and closes on
KINGSTON, Jamaica— Former Contractor General Greg Christie is to take over as the executive director of Jamaica's anti-corruption agency, the Integrity Commission In a release issued a short while ago the commission said Christie will assume the position of executive director on May 18. “He will bring to the commission
Finance Minister Dr. Nigel Clarke will this afternoon table the 2020/2021 Estimates of Expenditure. Parliament's Standing Finance committee will meet on February 24 and 25 to discuss the new Budget. On March 10, Dr. Clarke will outline how the budget will be financed. The Government is to spend $859 billion
Local company Caribbean Assurance Brokers is set to launch an Initial Public Offer (IPO), in which 52.5 million ordinary shares will be sold for $1.91 each. Of this amount 44.3 million shares will be offered to reserved applicants and a little over 8 million shares to the general public. The
Sagicor Group Jamaica and its charitable arm — Sagicor Foundation Jamaica — took home the Corporate Social Responsibility and Civic Leadership awards at the American Chamber of Commerce Jamaica (AMCHAM Jamaica) Business and Civic Leadership Awards gala on January 28 at Jamaica Pegasus hotel in New Kingston. The financial conglomerate
Sagicor Investments will underwrite the additional public offering (APO) for PROVEN Investments Limited, which is set to open before the end of this month. Underwriting refers to the process through which an individual or institution takes on financial risk for a fee. The entities signed the agreement recently at the
Dear Claudienne I bought 9,000 shares of Jamaica Broilers stock when they were issued over 25/30 years ago. I am in a desperate financial situation and would like to sell them. I went to my bank, Scotia and was told that I would have to open an investment account with
BRIDGETOWN, Barbados (CMC) — A senior official of the United Nations Development Programme (UNDP) says Latin America and Caribbean countries (LAC) will suffer disruptions to their supply chains as Chinese production of goods has come as a result of the coronavirus (2019-nCoV) outbreak that has killed more than 600 people
PORT AU PRINCE, Haiti (CMC) — An earthquake with a magnitude of 3.4 on the Richter scale was recorded to the west of here on Saturday. The Bureau of Mines and Energy (BME) says the epicentre of the quake was located 20 km west of Port-au-Prince, between the commune of
BRIDGETOWN, Barbados, (CMC) — The Pan American Health Organization (PAHO) says it is working with health ministries in Latin America and the Caribbean to help them prepare to deal with possible importations of cases of novel coronavirus (2019-nCoV). PAHO said that experts in laboratories, preparedness, epidemiology, clinical management, infection prevention
