WEEKLY BULLETIN for week ended February 7, 2014
Guardian Holdings Limited � 06.02.14
Guardian Holdings Limited (GHL) has informed the Stock Exchange of the following changes to the Board of Directors of the Company:
�2 Appointment of Mr Ravi Tewari as a Director of the Company effective January 30, 2014.
�2 Resignation of Mr David Davies as a Director of the Company effective January 31, 2014 due to personal circumstances.
National Commercial bank Jamaica Limited � 05.02.14
National Commercial Bank Jamaica Limited (NCBJ) has informed the Stock Exchange that on February 4, 2014 a shareholder connected to Directors purchased 1,839,111 NCBJ shares on the Jamaica Stock Exchange and 18,250,000 NCBJ shares on the Trinidad and Tobago Stock Exchange.
Sagicor Financial Corporation � 29.01.14
Kingston–Sagicor Group Jamaica announced that the company will be acquiring RBC
Royal Bank (Jamaica) Limited and RBTT Securities Jamaica Limited (collectively "RBC Jamaica") from Royal Bank of Canada. The acquisition, subject to all regulatory approvals, is expected to be finalised in the coming months. The purchase price of the agreement is estimated at JA$9B.
Sagicor Group Jamaica is a financial services conglomerate with business in Jamaica, Cayman Islands and Costa Rica. The Group offers products and services in the areas of Banking, Insurance, Investments, Real Estate, Asset Management and Retirement Planning.
Sagicor Life Jamaica Limited is the leading Life and Health insurance provider in Jamaica. The Company commenced operations in 1970 as Life of Jamaica Limited, the first locally owned life insurance company and the first life insurance company to be listed on the Jamaican Stock Exchange (JSE). Sagicor Group Jamaica is a member of the wider Sagicor Financial Corporation. Sagicor Financial Corporation operates in over 20 countries and its operations date back to 1840.