The planned divestment of Jamaica Mortgage Bank, JMB, via the stock market contemplates a carve out of a large chunk of the bank for sale to a key investor prior to the public offer of shares. But the deal to be struck won’t be consummated until.
Prime minister urges increased public-sector productivity jamaica-gleaner.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaica-gleaner.com Daily Mail and Mail on Sunday newspapers.
The Financial Gleaner understands that the wording of a set of loans totalling $1 billion and issued through the Jamaica Mortgage Bank, JMB, was at the centre of the separation of former Managing Director Anthony Shaw from the Development Bank of.
THE GOVERNMENT intends to, over the next 12 months, list on the Jamaica Stock Exchange (JSE) some of its shares in several infrastructure entities. These entities include South Jamaica Power, Trans Jamaican Highway, and the Jamaica Public Service.
Real estate development plans appeared to have slowed in 2023, based on the number and scope of the approved projects. In total, the Real Estate Board of Jamaica approved 92 residential and commercial developments encompassing 3,296 units, nearly.