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NCB Group raises $2.5b in latest APO - Vimarsana News

NCB Group raises $2.5b in latest APO

NCB Financial Group Limited (NCBFG) says it has successfully received applications for $2.5b in its recently completed Additional Public Offering (APO). This represents the largest APO raise since 2022.While NCBFG

Mixed feeling - Jamaica Observer - Vimarsana News

Mixed feeling - Jamaica Observer

With NCB Financial Group Limited's (NCBFG) extraordinary general meeting (EGM) only 11 days away, different asset managers are having mixed signals on the multi-billion-dollar additional public of...

NCB Financial Group provides rationale for upcoming APO - Vimarsana News

NCB Financial Group provides rationale for upcoming APO

KINGSTON, Jamaica - NCB Financial Group Limited (NCBFG) announced last week its intention to issue additional ordinary shares by Additional Public Offering (APO) following a resolution passed by its B...

Derrimon to pay up to US$9 million for New York companies - Vimarsana News

Derrimon to pay up to US$9 million for New York companies

Derrimon Trading's chairman and CEO Derrick Cotterell (left) and a member of staff at one of the company's local facilities. Derrimon Trading Company Limited says it has entered into an agreement to acquire control of a food distributor and supermarket in New York. Led by CEO Derrick Cotterell, Derrimon has incorporated a New York subsidiary, Marnock LLC, which will acquire Brooklyn-based of FoodSaver New York Inc., a wholesale food distributor and Good Food For Less, LLC (Good Food NY), a specialty supermarket.  In a release issued on the Jamaica Stock Exchange (JSE) last week, Derrimon i...