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Jamaica Gleaner Business
published: Friday | June 2, 2006

GraceKennedy to offer share buy-back
HAVING WATCHED their company's share price shrink sharply over the past year on the Jamaica Stock Exchange bear market, GraceKennedy's executives have won approval from stockholders for a share buy-back to boost the company's stock price.

Mas Camp sold to 'Butch' Stewart
KINGSTON'S POPULAR midtown outdoor entertainment centre Mas Camp Village located on Oxford Road New Kingston, has been sold. The property which is worth at least $160 million and owned by Y. P. Seaton and Associates appears to have been bought...


RBTT looking to buy in Jamaica - Analysts say stockbroking firm would be good fit
FIVE YEARS after the Trinidad-based banking group RBTT entered the Jamaican market with its purchase of a clutch of failed banks, the company has signalled that it is in an acquisitive mood, seeking rapid expansion through purchases...


Carib Steel shareholders awaiting payout
THE DEFUNCT Caribbean Steel Company Limited was awarded $13,849,000 in a law suit brought against auditing company PricewaterhouseCoopers (PwC) and filed in 1998.


Bank says bureaucracy stifling economy
A NEW study by the Inter-American Development Bank (IDB) suggests that the powerful impetus towards informality, such as over-weening bureaucracy and the seeming high costs and low returns from operating in the formal sector...


Bill Express recovers from utilities fee fallout
INSISTING THAT the fees paid by utility companies for collecting bills on their behalf were insufficient to cover the cost of operating the business, GraceKennedy has again defended the decision by its Bill Express subsidiary...




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