GraceKennedy Group - Media Centre - GK Press
 

Group CEO of GraceKennedy Limited (GKL) Don Wehby, has announced changes to the Company’s structure and to its management team effective August 1, 2018, in preparation for the celebration of its 100th anniversary in 2022. 

In releasing its Interim Stockholders’ Report for the Second Quarter ended June 2018, the Board of GraceKennedy Limited at its meeting on July 31, 2018, reported revenues of J$48.4 billion, an increase of 4.3% or $2 billion over the corresponding period of 2017.    This was driven largely by growth in its Food Trading and Insurance segments. 

[KINGSTON, JAMAICA – JULY 17, 2018] As GraceKennedy Limited heads into its 100th birthday in 2022, it has announced a round of restructuring activities starting July 2018.

GraceKennedy Limited has announced the appointment of Indiana Minto Coy, PhD and Peter Moses CD, OJ to its Board of Directors, effective 26th June 2018.

Kingston, Jamaica: June 14, 2018; GraceKennedy Money Services (GKMS) is announcing the all island roll out of its consumer micro-loans product – GK Proxim.

GK Proxim offers unsecured loans of up to $70 000.00 with three months to repay. Consumers may use as proof of income their salary slip; remittance receipts or bank statements to qualify for the loans, with loans being processed within 48 hours.

GraceKennedy Limited (GraceKennedy) today announced that it will acquire a 35% share in Catherine’s Peak pure spring bottled water brand, which is owned by Peak Bottling Company Limited (PBCL), subject to further due diligence. The acquisition is being undertaken following the signing of a binding memorandum of understanding between GraceKennedy and PBCL at GraceKennedy’s Harbour Street offices. 

GraceKennedy Limited 2018 Annual General Meeting.
At GraceKennedy Ltd.’s Annual General Meeting, held on Wednesday, May 30 at the Company’s Harbour Street, Kingston Headquarters; Don Wehby, Group CEO, signalled to shareholders some of the strategic plans for the Company in the lead up to its 100th year anniversary in 2022.

Don Wehby, Group CEO of GraceKennedy Limited was on Saturday, May 19 presented with A Key to Broward County by Commissioner Dale V.C. Holness.  Broward County is located in Florida, USA.

(Kingston, Jamaica; May 11, 2018) The GraceKennedy Group has recorded revenues for the first quarter of 2018 of $24.9 billion and net profit of $1.3 billion. The results show positive performance with increases of 5.1% on revenue and 14.9% on net profit over Q1 2017.

Event Will Bring Caribbean Diaspora Together “In Pursuit of a Better Tomorrow… Today”

KINGSTON, Jamaica; May 10, 2018 – As part of an ongoing commitment to the communities they serve, Western Union, a leader in cross-border, cross-currency money movement, and GraceKennedy Money Services (GKMS), Western Union’s Agent in many Caribbean markets, announced the 2018 Town Hall series will take place from May 17 to 19, in New York and South Florida. Under the theme “The Caribbean Diaspora: In Pursuit of a Better Tomorrow…Today,” this will be the sixth free diaspora community gathering the companies have hosted together.

First Global Bank’s latest mini branch was recently opened in Hopewell, Hanover, bringing to twelve the total number of locations across the island.

Dear Stockholder,

We ask that the following persons contact the Registrar at or 876-932-3160 OR or 876-932-3301.

GraceKennedy Foundation has announced that its  Scholarship Programme for the 2018/19 academic year, which opens May 1, will provide over $19 million in scholarships to university students.  

We wish to advise the public that we have received complaints from five of our customers about amould-like substance found in Capri Sun products, distributed in St. Lucia on our behalf by Massy Distributors and Massy Stores.

In line with the company-wide strategy to expand its digital network globally, Western Union, a leader in cross-border, cross-currency money movement, today announced that it will launch Western Union® digital money transfers in Jamaica. Westernunion.com/jm is expected to go live end-April, in alliance with GraceKennedy Money Services (GKMS), pioneering 24/7 online money transfer services in the Caribbean.

GraceKennedy Limited has announced that the Hon. Douglas Orane CD, JP, Hon. LLD will retire from the Board of Directors effective May 30,2018 having served as a member of the Board in various capacities since May 30, 1985.

GraceKennedy Limited has announced a furtherseven year sponsorship commitment to the ISSA/GraceKennedy Boys and Girls Championships, popularly known as “Champs”.  This was revealed on March 7 by Don Wehby, Group CEO of GraceKennedy Ltd at the launch of this year’s Champs held at the Spanish Court Hotel in Kingston.

GraceKennedy Limited invites you to participate in our Investor Briefing to discuss our 2017 year-end results on Thursday 8th March 2018. The briefing will take the form of anon-line audio conference from 2:30 to 3:10 p.m. Jamaica Time (-5 Greenwich Mean Time (GMT)). 

Grows net profit by $237 million to $4.8 billion  


GraceKennedy Limited on Thursday, March 1, 2018 released its 2017 Audited Financials which showed the Company reaching a milestone of $92.48 billion in revenue. This was supported by growth in both its Food and Financial segments, which were resilient in the face of a challenging year.