Only 32.6 million shares were made available to the general public. The Stock is slated for listing on the Junior Market. The 100 percent Shareholder of Express Catering, Margaritaville St Lucia, offered 327,500,000 of existing shares for sale at $1.50 each, to raise approximately $490 million. Reports reaching IC is that Express Catering was oversubscribed with the issue closing this morning as more than 1,000 applications were received by the broker for the issue, Mayberry Investments. The prospectus indicates that the shares are to be listed on the main market of the Jamaica Stock Exchange and on Barbados Stock Exchange’s International Securities Market, subsequent to listing in Jamaica. We can advise and assist in the Visa Process. We can help with everything from Banking and Money Transfers, to Company Registrations. PBS has borrowings of US$66 million with US$10 million due to related parties as at December 2016. We are a business providing confidential services to individuals or organisations wishing to set-up in Cyprus or the UK. In the March 2017 quarter revenues rose to US$42.45 million from US$39.32 million with profit rising to US$838,000 before taxation of US$389,000 from a loss the year before. The increase is attributed primarily to interest associated with the increase in debt of $998,000, FX loss of $920,000, and amortization of deferred expenses associated with the bond of $724,000. Finance cost in 2016 increased by $2.6 million. Revenues fell in both years to $171 million in 2016 from $194 million in 2015 and $202 million in 2014 when a small loss was incurred. Ian Dear, Managing Director of Express Cateringįor the year to December 2016, a loss of US$3.3 million was incurred down from a profit of $1.2 million in 2015. Part of the proceeds will be used to paid debt of US$17.45 million and working capital of US$13.85 million. Represented leading in.vestmeot bank and privace equity fund clients io fon:ning. The issue allocated 27,272,727 of the ordinary shares for Portland JSX, 7,272,727 units for staff with 4,545,455 shares for the General Public. Oversee ST input lo Congressional 8udget Justification Books and. The IPO also includes 25,800,000 9.75% Redeemable Cumulative Preference Shares denominated in Jamaican dollars. PBS issue was seeking to raise US$41.5 million by ordinary shares, with US$8.7 million of it to be used to International Finance Corporation. The original date for closure of both issues was set for July 26. The Invitation for subscription by the Company in respect of at a price of J$100 per share remains open and the public will be duly advised when same is closed. The building is of l.rick, two stories high, and base ment.
The brokerage house, stated that the basis of allocation to be communicated later. just returned from the North with a large and well selected stock of MILLINERY GOODS.
NCB Capital Markets, brokers to the initial public offer of ordinary and preference shares for Productive Business Solutions which opened Jclosed on Tuesday, July 11 for the Ordinary Shares at the price of US$0.55 per share.
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