First Rock has been ramping things up with share buyback over the last few weeks. Typically, companies buy back shares to increase the price of shares for investors due to supply and demand within the market.
The company states that...
FESCO is partnering with Lynk in a deal that will allow customers to make mobile payments through Lynk’s platform. This partnership is a win-win for both sides, as FESCO is looking to give customers a digital experience that is...
Micro-finance company Dolla Financial Services has raised over $1 billion in a new round of funding in order to further accelerate the company’s overall business.
This latest bond offer comes approximately 6 months after the company went on the JSE....
iCreate is currently in the process of working on a bold move to convert its current debt to equity with an overall transaction value worth $600 million. This ambitious move at the moment clearly pushes the boundaries from a...
Regency Petroleum Company Limited (RPL) had a successful IPO which saw the firm looking to raise $287.16 million where $170.70 comes from the public market and RPL key partners. It was a success as it was oversubscribed and ended...
Sagicor Xfund’s numbers have improved quite significantly since last year. In 2021 cumulatively over the first three quarters, they saw a net loss attributable to stockholders at J$65.43 million. In 2022 during the same period, they reported net profits...
Jamaica Producers Group Limited (JP) and Eppley Limited joined forces to create a capital infrastructure group to invest in different projects across the Caribbean. These projects will be mainly based on infrastructure.
Thus far these two companies will be...
Sterling Investments Limited (SIL) had a successful quarter ending September which saw a 108 percent increase in revenue. It increased from J$23.1 million in 2021 to J$48.1 million in 2022 within the same period.
This jump in revenue is largely...
Jamaica Producers Group (JP) and PanJam Investment, announced they will be merging both companies in a strategic initiative to take advantage of various opportunities.
This new consolidated organization, which will be renamed Pan Jamaica Group Limited will enable JPG to...
Barita’s net profit for the 12 months ended September 30, 2022, stands at $4.1 billion which is a slight increase over the $4 billion generated last year. They also reported a nine percent increase in operating revenue last year...
