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Sunday, May 12, 2024

Markets

AS Bryden & Sons is set to go public this year

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...

Sagicor quietly sold off all shares in its subsidiary X Fund

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...

CEO of Access Financial reiterates it is not for sale

Over the last month, rumors had been swirling around that Dolla Financial sent a takeover bid to Access Financial board members. If that deal was to go through Dolla Financial would be in a good position to further solidify...

iCreate Limited steadily grows profits as the company looks to expand

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...

Sagicor X Fund outperforms last year’s numbers

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...

Dolla Financial sends takeover bid to Access Financial

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...

VMIL sees a 39 percent increase in Q2 profit despite challenges

Victoria Mutual Investments Limited (VMIL), as it keeps on exploring different changes in the nearby and worldwide climate, for its subsequent quarter finished June posted expanded benefits of $242.5 million â€" 39 percent over that of a similar period...

One-On-One is ready for the public market

One-On-One Limited is to be the 100th company that will be listed on the Junior market of the Jamaica Stock Exchange (JSE). The date is set for August 12 and Sagicor Investments Jamaica Limited will be leading this process...

Mid-Cap Stocks for Beginners

Mid-cap stocks are categorized as those companies with a market capitalization between $2 billion and $10 billion. Usually, they're well-established companies somewhere between the slower-growing large-caps and the rapidly growing small-caps. Recently, mid-cap stocks have done better than both...

Regency Petroleum is looking to go public on the JSE market

Petroleum marketing company, Regency Petroleum is looking to go public as a means to raise capital to expand business operations. GK Capital Management which is the investment and advisory subsidiary of GraceKennedy Limited (GK) will be spearheading this initiative...
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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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