Caribbean Business Reports

Investment

Proven upsizes APO by 33.33%

Proven Investments Limited (PROVEN or PIL) has informed the public that it will exercise its...

Jan 18 | BY Josimar Scott

Real Estate

Knutsford Express to offer 14 stores at Drax Hall

Knutsford Express Services Limited, which has moved its headquarters from Kingston, St Andrew to Drax...

Jan 18 | BY

Automotive

Tropical Battery profit dips in 2020

Tropical Battery Company Limited in its updated audited results for year ending September 30, 2020,...

Jan 18 | BY

Production

Caribbean Cream profit almost doubles amid pandemic

Caribbean Cream Limited, which trades as Kremi, posted nine-month revenue of J$1.3 billion at November...

Jan 18 | BY

Insurance

Key Insurance closes rights issue

Key Insurance Company Limited closed its new rights issue on Monday, January 11, 2021. Company...

Jan 14 | BY

Investment

Jamaica Stock Exchange launches private market portal

On Monday, the Jamaica Stock Exchange announced the launch of a private market portal, a...

Jan 13 | BY

Shipping

Ja’s Cargo Handlers projects container increase by year-end 2021

For the quarter ending September 30, 2020, Cargo Handlers Limited reported revenue of JM$54.3 million,...

Jan 12 | BY

Finance

Zoom seeks to raise US$1.5B through new stock offering

Zoom Video Communications Inc is seeking to raise $1.5 billion through a stock offering, capitalising...

Jan 12 | BY

Investment

Sygnus APO upsized 54 per cent

Sygnus Credit Investments Limited (SCI) has advised that its additional public offer (APO) of ordinary...

Jan 11 | BY

Automotive

TransJamaican Highway records traffic increase in December

TransJamaican Highway Limited (TJH) has indicates that while traffic volumes for 2020 are still below...

Jan 11 | BY

Retail

Derrimon to acquire distribution and retail outfits in New York

Derrimon Trading Company Limited on Friday, January 8, 2021, announced an agreement to secure a...

Jan 11 | BY

Manufacturing

AMG Packaging announces February start for factory expansion

The management of AMG Packaging Limited has indicated that the company plans to commence previously...

Jan 08 | BY

Investment

Sagicor Group Ja to participate in Playa IPO

On Wednesday, January 6, Playa Hotels and Resorts filed an S-1 form with the United...

Jan 07 | BY

Real Estate

Kingston Properties eyes warehousing as future trend

Kevin G Richards, chief executive officer of Kingston Properties Limited (KPREIT), has indicated that the...

Jan 05 | BY

Real Estate

Eppley Caribbean Property acquires controlling stake in Mall Plaza

Eppley Caribbean Property Fund Limited SCC — Value Fund (ECPF) has announced that it has...

Jan 04 | BY

Investment

Proven Investments refloats APO on last day of 2020

Proven Investments Limited has once again launched its additional public offer (APO) of up to...

Dec 31 | BY

Markets

Main Event considers modified business model

Main Event Entertainment Group Limited’s CEO Solomon Sharpe, and chairman Ian Blair have indicated the company...

Dec 31 | BY

Finance

CAC 2000 profit climbs to JM$33 million

For the year ended October 31, 2020, revenues for air conditioning company CAC 2000 surged...

Dec 30 | BY

Money

Mayberry directors resign from Lasco Microfinance board, citing future conflict of interest

Directors of Mayberry Investments Limited and also Supreme Ventures Limited Christopher Berry and Gary Peart have resigned...

Dec 29 | BY

Money

Bitcoin on longest winning run since 2019 after hitting record

Bitcoin is on track for its longest monthly winning streak in more than a year...

Dec 29 | BY