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
KINGSTON, Jamaica — Consultant Cardiologist at the Heart Foundation of Jamaica, Dr Handel Emery, is expressing concern at the increasing prevalence of hypertension in Jamaica. Dr Emery was speaking at a recent JIS 'Think Tank' focusing on Heart Month, being observed in February under the theme 'High Blood Pressure, the
You do not always get what you want: true of life and sometimes, true of death. Unlike some other legal systems, Jamaican law recognises the freedom of individuals to dispose of their assets by will after death in whatever manner they wish. However, individuals should also be aware that the
The last time Jamaica saw any decent level of growth was in the 1960s. During that period we saw growth as high as 12 per cent, and the average for that decade was in fact around six to seven per cent. Since then we had about three to four years
