Proven Wealth Limited (PWL) has launched IPO PRO; an online tool that will allow persons with a Jamaica Central Securities Depository (JCSD) Number to participate in local initial public offerings (IPOS) from anywhere in the world. “This market disruption is a deliberate move on our part to leverage the expansion in technology and mobile devices; thereby allowing persons the ease of…
The JMMB Group-Additional Public Offering Prospectus
With approximately 44 children left displaced recently and school back in session, PROVEN Wealth Limited committed to partnering with the United way of Jamaica, a non-profit organization, who recently launched its fundraising initiative for the restoration of Jamaica National Children’s Home. PROVEN Wealth was amongst the first to respond to the plea to partner and donated $250,000.00 to the…
The focus for maintaining an upward performance trajectory was made for the new financial year; and in keeping with this, PROVEN Investments Limited has started the pace with an admirable first quarter net profit results standing at 36% when compared to the same period last year. “Our teams across all our businesses are extremely focused and results driven. We are…
PROVEN Investments Limited (PIL) delivering on its philosophy of preserving the capital of its shareholders; has for its financial year ended March 31, 2019 recorded a very good performance with double-digit growth in profitability, seeing Net Profit attributable to shareholders of US$6.97 million. This demonstrates sustainable growth representing a 23% increase from US$5.68 million over the corresponding period last year.…
Proven Investments Limited, PIL, is projecting significant profit growth this year when its investment in financial conglomerate JMMB Group would be fully factored into its financials. JMMB contributed US$1.3 million to Proven’s bottom line for the period ending March 2019. “So JMMB at last year’s run rate would give nearly US$6 million,” said Christopher Williams, CEO of Proven Management Limited,…
Team Effort – Members of the PROVEN Wealth and Sir John Golding Rehabilitation Centre Administration pause for lens time during the recent PROVEN Labour Day project 2019. (Center) Cherie-Joy Dewar-Hospital Administrator (acting) PROVEN Wealth was fully aligned with the National Labour day theme of working together in Dignity, Community & Solidarity. Labour Day 2019 had the support of…
Proven Wealth Limited has launched a platform that allows Jamaican investors more options to live-trade US stocks at cheaper prices, becoming the second local broker known to offer such services. “Customers are demanding this,” said Johann Heaven, CEO of Proven Wealth. Proven cut its fees this month from US$130 to US$25 per trade for clients that utilise its new mobile…
Wigton Wind Farm IPO Analysis
