Pulse Rights Issue oversubscribed

Investors seem to be finding real value in Pulse’s stock. Pulse investments is reporting that their latest Rights Issue, which was opened to shareholders on record as of May 5, 2008, has been oversubscribed. The Rights Issue closed on Monday May 26, 2008. On offer were 18 million shares at $7 dollars per share.  According [...]

REIT IPO take up slow

The Carlton Savannah’h IPO has so far had a lukewarm response. Up until Wednesday of this week brokers have reported that things have been slow.
The Jamaica Gleaner Reports,
Brokers yesterday said that take-up of the J$1.254 billion initial public offering (IPO) by a Jamaican-based real-estate investment fund has so far been slow, but that offer could [...]

Jamaica first REIT Share offer opens

Jamaica’s first real estate investment trust (REIT), Carlton Savannah, promises to give shareholders a minimum dividend payout of 6.3 per cent on their investment over the first two years.
In the offer, Carlton Savannah REIT Limited (CSRL),  promises 6.3 % returns per annum over the first 2 years. Them minimun shares is 10000 at @ J$5.91 and [...]

Jamaica Stock Exchange Preference Share offer opens

The Jamaica Stock Exchange (JSE) preference share offer opens today. The shares are being sold for $2.00 per share with a minimum lot of 15000 shares. Additional shares can be bought in lots of 10,000 shares.
The offer closes on May 30, 2008. For more details visit the Jamaica Stock Exchange at http://www.jse.com.jm