• Jamaica Observer: 2 local firms among bidders to run NMIA

    KINGSTON, Jamaica – Two local companies are among five bidders shortlisted to participate in the bidding process to operate, finance, develop, and maintain the Norman Manley International Airport (NMIA). The Ministry of Transport, Works and Housing announced in a release Tuesday that GraceKennedy Group and Jamaica Producers Group Ltd are part of the consortiums shortlisted […]

  • RJR News Online: Preferred bidders for NMIA named

    The Government of Jamaica has revealed the names of the entities short-listed as preferred bidders for the privatisation of Kingston’s Norman Manley International Airport (NMIA). Those selected are Cedicor S.A. (Aeropuertos Argentina 2000 S.A.); Zurich Airport International AG and A-Port Chile S.A; Korea Airport Corporation Latin America and GK Capital Management Limited; China Harbour Engineering […]

  • Jamaica Observer: GK Capital eyes big stake in venture capital funds

    GK Capital Management plans to invest big in the venture capital market in Jamaica. The investment company might even take a few of the companies that it invests in to market “whether through the stock exchange or through the junior stock exchange”, according to GraceKennedy Group CEO, Don Wehby. Previously, GK Capital signalled that it […]

  • Jamaica Gleaner: GK rethinking venture capital strategy – Buys bigger stake in St Lucian general insurer

    GraceKennedy has more expansion plans for Jamaica and the Caribbean, which include the takeover of St Lucian company EC Global and its foray into Jamaica’s evolving venture capital market through new subsidiary GK Capital Management Limited, says Group CEO Don Wehby. GraceKennedy Financial Group (GKFG) announced its additional 50 per cent acquisition of a stake […]

  • RJR News Online: GraceKennedy establishes GK Capital

    GraceKennedy has announced the establishment of a new financial services entity called GK Capital Management. GK Capital was established in June, after GraceKennedy received a license from the Financial Services Commission (FSC) to start the investment and advisory firm. “The focus of the company is to make investments on behalf of GraceKennedy,” Stephen Whittingham, Managing […]

  • Sterling Investments For JSE Listing

    Sterling Investments Limited (SIL) has engaged GK Capital Management and PWL Transition Limited (formerly First Global Financial Services Limited) as lead brokers for their upcoming listing on the main market of the Jamaica Stock Exchange (JSE). The signing of the mandate letter took place at the offices of GK Capital Management Limited, in Kingston, on […]

  • Jamaica Observer: GK forms new financial, property companies

    GraceKennedy will form two companies, GK Capital Management and GK Properties, arising from the sale of its security dealer, management said. The entities will emerge as the food and financial conglomerate keeps its stock brokerage licence and monetise some $500 million worth of off-balance sheet real estate. “GraceKennedy will retain its Jamaica Stock Exchange brokerage […]

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