At a Board of Directors’ meeting held on September 13, 2005 the Directors approved the payment of a first Interim Dividend of $1.00 per stock unit to be paid on October 14, 2005 out of accumulated unfranked profits to stockholders as shown by the register of members on September 30,
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Carreras Group has announced that it has entered into an agreement to sell the assets of its subsidiary, Sans Souci Development Ltd, operated as Sans Souci Resort & Spa, to Sans Hotel Development Company, part of the Couples Resorts Group, for a total consideration of US$18,558,000.00. Completion of the sale will
The Annual General Meeting of the Company is scheduled for September 13, 2005 at 2 p.m. at the Hilton Kingston Hotel, 77 Knutsford Boulevard, Kingston 5.
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At a Board of Directors’ meeting held on June 22, 2005, the Directors declared an interim dividend of $1.00 per stock unit out of accumulated unfranked profits. The dividend will be paid on July 26, 2005 to stockholders shown by the Register of Members on July 6, 2005.
At a Board Meeting of the Company held on June 7, 2005, the Board reluctantly accepted the resignation of Mr. Michael McNally as Group Finance Director and Company Secretary effective June 30, 2005 due to his retirement from the Group. Mr. Reynaldo Callejas was appointed as the Company’s Group Finance
The Company has made a business decision to restructure its tobacco operations and in doing so intends to change the scope of its business operations to concentrate on its distribution and marketing in Jamaica. This will result in the out sourcing of the manufacturing of its cigarette brands to West
