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Financial News

Sep 2010 Financial News

Jamaica Money Market Brokers Limited – Ratification of Resolution

Sep 28, 2010

Jamaica Money Market Brokers Limited has advised the Exchange that at its Annual General Meeting on September 20, 2010, its shareholders ratified the following resolution:

THAT the authorized share capital of the Company be and is hereby increased from Four Hundred and One Million Six Hundred Thousand Dollars ($401,600,000.00) divided into One Billion Five Hundred Sixty Six Million Four Hundred Thousand (1,566,400,000) Ordinary Shares and One Billion (1,000,000,000) fixed rate Cumulative Redeemable Preference Shares to Four Hundred Thirty One Million Six Hundred Thousand Dollars ($431,600,000.00) divided into One Billion Five Hundred Sixty Six Million Four Hundred Thousand (1,566,400,000) Ordinary shares and Four Billion (4,000,000,000) fixed rate Cumulative Redeemable Preference Shares by the addition thereto of the sum of Thirty Million Dollars (J$30,000,000.00) comprised of Three Billion (3,000,000,000) fixed rate Cumulative Redeemable Preference Shares, the same to be issued and/or allotted with rights/restrictions as may be fixed by the Directors of the Company or a Committee of Directors of the Company.


Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday September 28, 2010