GraceKennedy Group - Media Centre - GK Press
 

In light of the article "Merger likely: Globe Finance and Signia sign letter of intent" published in The Barbados Today on February 8, 2018, GraceKennedy Limited wishes to confirm that Signia Financial Group Inc is exploring a potential merger with Globe Finance Inc pursuant to a non-binding Letter of Intent signed by the company's respective shareholders. 

Traditionally known as ‘The Good Food People’, Grace Foods has always been at the centre of great experiences, especially where great food is paired with great music. This year, the heat will be turned up even more to ignite the spirit, delight the senses and bring people to their feet with the new campaign Flava with a Beat.

GK Investments Limited (GK Investments), a subsidiary of GraceKennedy Limited (GraceKennedy), has acquired a 33 1/3 % stake in Gray’s Pepper Products Limited, one of Jamaica’s largest processors of seasonings and sauces.  

As we begin the New Year, we take this opportunity to wish you all a peaceful, safe and prosperous 2018. 

Group CEO Don Wehby has announced senior management changes within the GraceKennedy Group, which will take effect on January 1, 2018:

On Monday, December 11, 2017 the Privy Council handed down its judgment on the matter of Paymaster Jamaica Limited’s claim against GraceKennedy Remittance Services Limited which was made by Paymaster in 2000.

GraceKennedy Ltd today handed over cheques totaling $1,325,000 million to schools which broke records in the 2016 and 2017 ISSA/GraceKennedy Boys and Girls Championships. The special incentive was announced in 2016 to boost the morale and further encourage excellence but was also granted in 2017 to mark GraceKennedy’s 95th anniversary and 10th year as sponsor.

GraceKennedy Ltd’s third quarter financial report was released on Thursday, November 9. The results showed positive performance in revenues, net profit and advances in three of the four business segments. For the nine month period ending September 30, the Group achieved revenues of $69.3 billion, up by $2.6 billion over the same period in 2016. An increase of $51.4 million resulted in net profit of $3.75 billion while shareholder equity moved to $44.4 billion from $42 billion in 2016.

The GraceKennedy Financial Group (GKFG) is creating greater convenience and access for Jamaicans with the launch of GK ONE on November 10, 2017 at State Mall located in Cross Roads, St. Andrew.  The initiative will serve as a ‘one-stop-shop’ and allow customers to conduct banking, insurance, bill payment, remittance, investment and cambio services at select locations island wide.

GraceKennedy Limited invites you to participate in our Investor Briefing to discuss our third quarter results on Monday 13th November 2017. The briefing will take the form of an on-line conference from 2:00 to 2:40 p.m. Jamaica Time (-5 Greenwich Mean Time (GMT)). 

Kingston, Jamaica – October 6, 2017: The GraceKennedy Heather Little-White Household Workers Awards held on Thursday, October 5, hosted by GK Group CEO Don Wehby celebrated the achievements of Jamaica's outstanding workers in the field. Cherrilene Williams-Case emerged as the 2017 Female Household Worker of the Year while Anthony Houston was awarded Male Household Worker of the Year.

Renowned Jamaican photographer Howard Moo Young will be official judge of the Grace & Staff Community Development Foundation's  Photography Awards. The winners of the competition will be announced at the awards ceremony scheduled for the corporate offices of GraceKennedy Limited in downtown Kingston on October 26.

New agreement to take effect January 1, 2018 

GraceKennedy Limited has renewed its contract with Olympian sprint champion Shelly-Ann Fraser-Pryce. The signing of the new contract was carried out at GraceKennedy’s corporate office in downtown Kingston on October 18, 2017.

GraceKennedy Limited is assisting with the relief effort in the Caribbean with a contribution of food items and cash valued at $3.7million to Food for the Poor and the International Red Cross.

 [KINGSTON, JAMAICA, SEPTEMBER 28, 2017] –  Eighty-Four University students received scholarships from the GraceKennedy Foundation on Thursday, September 28 in a ceremony held at the University of the West Indies.

GraceKennedy Limited has announced the retirement of Mr Douglas Orane from the Board of Directors of its subsidiary First Global Bank Ltd. after serving as its Chairman from April 2001. This became effective on September 19. 

Residents of the Portmore community are set to enjoy the most comfortable, convenient and first-rate shopping experience available in the parish of St. Catherine in the newly upgraded Portmore Pines Hi-Lo Food Store.

KINGSTON, JAMAICA–September 9, 2017 – To support communities and families affected by Hurricane Irma’s devastation in the Caribbean, The Western Union Company, a leader in global payment services, The Western Union Foundation, and participating Western Union’s Agents in the Caribbean today announced rapid response efforts as follows:

GraceKennedy Money Services (GKMS) extends our deepest sympathies to all those impacted by Hurricane Irma and especially to the people of Anguilla, Barbuda, British Virgin Islands (BVI) and the Turks and Caicos Islands (TCI) where we have staff, agents and customers.

: In April of this year, Don Wehby, Group CEO of GraceKennedy Ltd challenged the Innovation team at Grace Foods Ltd. to revisit the possibility of a locally made corned beef in response to disruption in supplies caused by a ban by the Jamaican Government on imports of meat products from Brazil.