Investing
Lionel Messi targets tech investing
Obrian -
Lionel Messi, the Argentine expert soccer/football player who is broadly viewed as one of the best players ever, is to make a dive into innovation by investing in tech startups from Silicon Valley.
Play Time is the name given to...
Business
1834 is on the verge of being delisted from the JSE
Obrian -
1834 Investments (1834) is on the verge of being dissolved and wiped away from the stock market. RJR will soon be the owner of all 1834 shares, and the company’s presence on the stock will be suspended effective October...
Caribbean
Mayberry Investments looking to raise $1.2 billion from the bond market
Obrian -
Mayberry Investments is looking to raise $1.2 billion from the bond market with the ability to increase to $5 billion from the public bond market. This is set to open between October 28 – November 28.
The corporate bonds will...
Business
FirstRock seeing success in share buy-back initiative
Obrian -
FirstRock Real Estate Investments (FIRSTROCKJMD) has been experiencing a smooth process in its share buy-back initiative which it initiated last month.
During the period between September 28 to 29, they purchased $300,000 USD and $100,000 JMD worth of shares, under...
Business
AS Bryden & Sons is set to go public this year
Obrian -
Seprod Group's recent subsidiary, AS Bryden & Sons, is set to go public later this year on the Jamaica Stock Exchange (JSE) leaving Seprod Group (SEP) to benefit greatly from such a development.
Seprod acquired a majority stake in...
Business
Sagicor quietly sold off all shares in its subsidiary X Fund
Obrian -
Sagicor Group Jamaica Ltd is winding down its operations in Sagicor Real Estate X Fund Ltd (XFUND) as they seek out more profitable ventures.
X Fund, which once controlled various lodgings, presently possesses a single hospitality property - The DoubleTree...
Caribbean
iCreate Limited steadily grows profits as the company looks to expand
Obrian -
iCreate income for the subsequent quarter (April to June) improved by 123% to $34.50 million emerging from a blend of new business clients alongside existing open doors in its pipeline which was shut during the period.
They bought a majority...
Banking
Sagicor X Fund outperforms last year’s numbers
Obrian -
The Sagicor real estate and hospitality venture vehicle Sagicor Real Estate X Fund Limited is revealing better monetary execution from January to June, with a net benefit of $110 million, a circle back from its more than $47-million deficit...
Caribbean
Dolla Financial sends takeover bid to Access Financial
Obrian -
Dolla Financial Services Limited (DOLLA) has shown keen interest in Access Financial Limited (AFS), reports are coming out that a letter was sent to Access Financial's board of directors which suggests a takeover bid is insights from Dolla.
These two...
Latest News
Twitter Rebrands to ‘X’
In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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