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Business

NCB restructures

THE FINANCIAL Sector Adjustment Company (FINSAC) will own 76 per cent of National Commercial Bank Jamaica within the next six months, if a plan announced yesterday is accepted by shareholders and the court. As part of the plan the bank's parent company..

Guardian to list on the JSE

TRINIDADIAN POWERHOUSE Guardian Holdings Limited (GHL) is to list 125,625,000 ordinary shares on the Jamaica Stock Exchange (JSE) from September 20. Guardian Holdings Limited (GHL), which is incorporated in Trinidad and Tobago is a holding company whose.

Grace, Kennedy sells Seprod stake

GRACE KENNEDY & Company yesterday appeared to dispose of its 14.9 million shares in Seprod. According to Jamaica Stock Exchange trading yesterday 14,932,448 shares changed hands at $10, raising close to $150 million for Grace. Mr. Orane is overseas..

Garmex to spearhead training course

THE GARMEX HEART Academy will be spearheading a three-year training programme, to support other initiatives being planned to revitalise the local footwear sector. The training, to be implemented in three phases, is aimed at developing various...

New regulator gets power to probe

THE PROPOSED new Financial Services Commission (FSC) will have the power to appoint an auditor to review a company's financial records and charge the bill for the work to the firm in question, it has emerged. And investment dealers within $500,000 of...










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