IPO

//IPO

CPJ plans expansion of Montego Bay warehouse

Liquor and food purveyor Caribbean Producers Jamaica Ltd (CPJ) plans to expand its warehouse space by 68,000 square feet as it seeks to meet increased demand while improving efficiencies in distribution. Managing director of CPJ, Dr. David Lowe, told the Jamaica Observer that the company in the short term anticipates onshore activities to continue [...]

Big Trade In CPJ Stock Transfers One-Tenth Of The Company

A large trade of Caribbean Producers Jamaica (CPJ) shares, valued at $333 million and amounting to one-tenth of the company, was executed this week, making it the second-largest trade ever recorded for the stock over two years. CPJ Chief Executive Officer Dr. David Lowe said Mayberry Investments Limited acted as the broker for the [...]

Restructuring delivers results for Caribbean Producers

Although nine-month earnings were down some four cents on the year before — moving from US$0.21 per share to US$0.17, directors of Caribbean Producers Jamaica Ltd (CPJ) indicate that the company is now reaping the results of a restructuring programme which began in the first quarter and will continue beyond the current fiscal year.In [...]

Mark Hart: Deepening a family tradition with CPJ

    Caribbean Producers Jamaica Ltd Executive Chairman Mark Hart stands outside the entrance to the company in Montego Bay. Below is the story on one of the nominees for this year's Jamaica Observer Business Leader Award. All the nominees are drawn from the list of entrepreneurs who have listed their companies on the Junior [...]

CPJ Market seeks food partner ahead of Kingston launch

  Caribbean Producers Jamaica Limited is projecting annual income of J$300 million from the soon-to-be-opened CPJ Market on Lady Musgrave Road in Kingston. The two-storey retail shopping and dining complex is costing J$80 million to develop, says chairman of Caribbean Producers, Mark Hart. "The concept is the next generation of our popular CPJ Market located [...]

CPJ IPO oversubscribed

The initial public offering (IPO) of shares in Caribbean Producers Jamaica (CPJ) was oversubscribed and closed a minute after subscriptions opened Friday morning. Mayberry Investments Limited, lead broker in the application in the proposed admission of CPJ to the Junior Market of the Jamaica Stock Exchange, stated in a press release that the IPO was [...]