JMMB News

Acting principal of the Allman Town Primary School, Latoya Nesbitt, is among one of the latest educators to heap praise on the JMMB Joan Duncan Foundation-led transformational initiative, entitled Conversations for Greatness (CFG) – a national project of the Foundation.  The initiative, which closed out the final leg of the nine-month long sustainability segment in early November, was credited for helping to improve the working relationship among the school’s staff and enhancing the students’ behaviour.

The JMMB Group recently (November 29) hosted a promotional expo, where the company gave (approximately) 30 of its employees the opportunity to, free of charge, showcase their personal entrepreneurial ventures, ranging from retail – clothing, jewelry, art, and accessories, to pastry-making and other professional services, to attendees. The expo dubbed, ‘Healthy Lifestyle: Reap What You Sow,’ took place at the JMMB’s New Kingston-based head office.

During its most recent offer of new fixed-rate, cumulative redeemable preference shares, Eppley Limited raised J$500 million from 83.3 million preference shares, having exercised its right to upsize its initial offer, as outlined in its prospectus. JMMB Securities Limited acted as lead broker for this transaction.

The regional financial entity, JMMB Group, closed out the six-month period, ended September 2018, with a net profit of J$2.1 billion, which reflect a 24% growth year-over-year. Additionally, the Group posted net operating revenue of J$9.3 billion, which reflects an increase of 15%, compared to the corresponding prior period.