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Economy | TAX REFORM

List on the Jamaica Stock Exchange several state-owned enterprises such as the UDC and Factories Corporation

Achieved

Source: Jamaica Labour Party Manifesto pg.6 February 18, 2016

Tuesday March 24, 2020 | Jamaica Stock Exchange

Transjamaican Highway Biggest IPO on the JSE, Raising JA$14.1 Billion

Today, Transjamaican Highway Limited (TJH) lists its shares on both the Main and USD markets of the Jamaica Stock Exchange (JSE). The Company raised JA$14.1 billion, the largest amount raised from an Initial Public Offering (IPO) on the JSE. The prospectus of Transjamaican Highway Limited was published on February 4, 2020, with an Offer open date of February 17, 2020. The Offer opened on February 17, 2020 at 9:00 a.m. and closed on March 2, 2020, oversubscribed by 130%. A total of 36,062 applications, totalling JA$25.12 billion were received.

Wednesday May 22, 2019 | Jamaica Information Service

Wigton Windfarm Now on Jamaica Stock Exchange

Wigton Windfarm Limited in Manchester is now listed on the Jamaica Stock Exchange (JSE) – the world’s best-performing stock market. The listing, which took place today (May 22), followed the success of the company’s initial public offering (IPO), which saw some 31,200 Jamaicans taking up the opportunity to own 11 billion shares in the company. The offer was oversubscribed as the IPO generated some $14 billion. Each share was sold for 50 cents. A total of 11,772 Jamaicans or 38 per cent are new investors on the country’s stock market.