Trecia-Gay Clarke Head of Pensions Administration, PROVEN Fund Managers Ltd and Darren Virtue COO of the Education and Help Foundation seal the donation of $200,000 with a handshake. PROVEN continues to support the communities in which we operate by strategically partnering and donating to projects and initiatives that will bring about meaningful change in the Jamaican society. The Education and…
Brokerage firm Mayberry Investments Limited has invited all brokers in Jamaica to participate in the Wigton Windfarm Limited’s (Wigton) initial public offering (IPO) by becoming selling agents to the public. The highly anticipated IPO is expected to be listed on the Jamaica Stock Exchange (JSE) by April 2019. Director of Investment Banking at Mayberry, Tania Waldron-Gooden, disclosed that the move by Mayberry…
PROVEN Investments Limited (PIL) remains very bullish on Jamaica and continues to demonstrate astute focus on identifying and seizing opportunities to advance one of its investment strategies in Private Equity with a focus on key growth sectors in the Financial Services and the Real Sector. In light of this, PROVEN is pleased to announce its acquisition of shares in the…
Kingston, Jamaica – December 11, 2018: The Branson Centre of Entrepreneurship – Caribbean launched the premier Branson Centre Summit last Wednesday at the Spanish Court Hotel under the theme ‘Building a multi-million dollar business’. With over 100 guests in attendance, the summit attracted the movers and shakers of the local business and investment community in addition to up-and-coming entrepreneurs. As…
PROVEN entered a Two-Million-dollar partnership with Food for the Poor (FFPJ) to build 4 homes. Two families have already received their keys. The first family resides in St. Elizabeth and the Thirteen persons occupied the dilapidated unit benefited. Miss Jones, her four daughters and nine grandchildren all previously lived in this 2-bedroom shack that was originally the home of her…
Recently PROVEN inked a Two Million Dollars ($2,000,000.00) commitment to partner with the Food for the Poor Jamaica (FFPJ), to support in the fight to reduce poverty and aid with the basic need for shelter of four families who are in great need. PROVEN has engaged over the years in relevant partnerships that are aligned with its mission to support…
The Research paper notes the following: “On Sept. 25, 2018, S&P Global Ratings revised its outlook on Jamaica to positive from stable. At the same time, S&P Global Ratings affirmed its ‘B’ long- and short-term foreign and local currency sovereign credit ratings, and its ‘B+’ transfer and convertibility assessment on the country. • After many years of economic, fiscal, and…
Proven Investments Limited, PIL, said Wednesday that its real estate subsidiary will be developing an 80-unit residential complex on Braemar Avenue, which was the original home of Red Bones Blues Cafe in New Kingston up to eight years ago. Concurrently, PIL announced at a briefing that it received regulatory approval from the Cayman Islands to acquire a financial entity, which…
Proven Investments Limited (Proven) has been granted regulatory approval from various applicable jurisdictions to acquire 100 per cent of the common equity of a licensed security dealer with offices in the Cayman Islands and the Caribbean region. While not furnishing many details, Proven has advised that the transaction is expected to close by the end of this month. The acquisition…