• Jamaica Observer: GraceKennedy to invest in BPO facility in downtown Kingston

    KINGSTON, Jamaica – GK Investments Limited, a subsidiary of GraceKennedy Limited, has announced that it has entered into a lease arrangement with the Postal Corporation of Jamaica (Jamaica Post), for a section of property located at 6-10 Camp Road in downtown Kingston, which also houses the Kingston Central Sorting Office (CSO). Under the terms of […]

  • Jamaica Observer: tTech closes IPO in one minute following oversubscription

    KINGSTON, Jamaica — Technology firm tTech Ltd, aiming to raise $50.2 million on the Junior Market through an IPO, says the offer, which opened this morning, was three times oversubscribed in one minute. Using financial adviser and arranger GK Capital Management Limited and lead stockbroker NCB Capital Markets Limited, tTech placed on offer up to […]

  • Greenfield Media Grants Television and Internet Streaming Rights for ISSA/Flow Schoolboy Football Competitions to International Media Content Limited

    International Media Content Ltd. (IMC) to have exclusive rights for 2015, 2016 and 2017 seasons. Greenfield Media Productions Ltd. (Greenfield Media), the joint venture company formed between GraceKennedy and the Inter Secondary School Sports Association (ISSA) in July of this year, has granted exclusive rights to International Media Content Ltd. (IMC) for the 2015, 2016 […]

  • Greenfield Media Takes Non-Exclusive Radio Rights Approach for ISSA FLOW Schoolboy Football Competitions

    Offers free coverage of this weekend’s matches to interested entities. After announcing this week that television and internet streaming rights for the 2015, 2016 and 2017 ISSA/FLOW Manning and DaCosta Cup Football Competitions will be granted exclusively to International Media Content Ltd, parent company of Digicel SportsMax, Greenfield Media has announced that it is taking […]

  • Jamaica Gleaner: GraceKennedy Lands Media Rights To High School Sports Events

    GraceKennedy (GK) has secured the media rights to all Inter Secondary Schools’ Sporting Association (ISSA) events for the next 15 years. While the group of companies has been a long-time supporter of sports at the secondary level – it spends around US$1 million a year sponsoring Boys and Girls Athletics Championship (Champs) alone – the […]

  • Jamaica Gleaner: GK Capital Targeting Media, Energy, BPO For Investment

    GraceKennedy Limited plans to tap into new areas of business previously unexplored by the conglomerate, but will mostly do so as an investor through its private equity/ investment advisory arm, GK Capital, and not as an operating partner. GracKennedy group CEO and chairman of GK Capital management Limited, Don Wehby, says the investment company will […]

  • Jamaica Gleaner: GraceKennedy Selling Hardware & Lumber

    GraceKennedy is selling its majority holdings in Hardware & Lumber (H&L) Limited and has struck a conditional agreement with an unnamed buyer. The sale includes H&L’s Rapid True Value and AgroGrace businesses. GraceKennedy CEO Don Wehby says GK entered into a conditional agreement on April 22 to sell its 58.1 per cent shareholdings in H&L. […]

  • Jamaica Gleaner: Unipet Weighing Options, Hires GK Capital As Financial Advisor

    The owners of Jamaica’s first home-grown petroleum marketing company, United Petroleum (Unipet), are exploring their options after some 25 years of operation, but chairman Paul Abrahams is refusing to say whether that includes sale of the business. Abrahams redirected queries to GK Capital, which Unipet recently retained as financial adviser. Unipet’s network covers nine service […]

  • Jamaica Gleaner: After Sale Of FGFS, GK Capital Focused On Fundraising, Advisory Services

    GraceKennedy’s investment subsidiary is temporarily shut out of securities trading, an agreement reached during the sale of First Global Financial Services to Proven Investments Limited, but may re-enter the market in less than a year, the Financial Gleaner understands. GraceKennedy Limited created a new firm in the aftermath of the sale, GK Capital, but that […]

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