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Financial News

Mar 2014 Financial News

JMMB - Acquisition of AIC Securities Limited

Mar 26, 2014

Jamaica Money Market Brokers Limited (JMMB) has informed the Stock Exchange that the company (JMMB), through its Trinidadian subsidiary JMMB Investments (Trinidad and Tobago) Limited, has received the approval of its Regulators for the acquisition of AIC Securities Limited (a securities dealer and stock broker, headquartered in Trinidad). JMMB, therefore, will now seek to move to complete the transaction which, upon successful completion, will see it acquiring 100% of AIC Securities Limited, which is a member of the AIC Financial Group.


Source:
The Trinidad and Tobago Stock Exchange Limited
Wednesday March 26, 2014