January 25, 2021

Jamaica/Cayman: Kingston Properties gets voter approval for rights issue

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From Jamaica Gleaner Shareholders in Kingston Properties Limited approved a resolution to increase the authorised share capital of the company as an initial step towards raising funds via a rights issue. The real estate investment trust wants to purchase commercial real estate property in Jamaica and the Cayman Islands, while simultaneously disposing of up to […]

Brokers blocked – JSE urges smoother integration of Caribbean Exchanges

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By Avia Collinder From Jamaica Gleaner Securities regulators in the three markets that fall under the long-touted Caribbean Stock Exchange (CXN) have amended rules to allow for seamless trading, and the stock exchanges now operate from a shared platform build by a South African vendor. But Marlene Street-Forrest, the managing director of the Jamaica Stock […]