Business Briefs
• Real estate company Keller Williams has pumped $20 million into upgraded offices nationwide, tripling space at its Kingston headquarters to over 1,500 square feet in order to facilitate physical distancing, it said in a release, as well as a virtual platform branded as KW Command that offers 3D virtual tours, digital floor plans, and engagement with its real estate agents in real time.
• The Jamaica Central Securities Depository is offering a virtual platform to companies to hold annual general meetings and other special shareholder meetings. The JCSD AGM platform is powered by AppFinity Technologies.
• Paramount Trading Company Limited applied for the delisting of its PTL8.75% preference shares, effective Monday, April 12. The shares have matured and are being redeemed. The stock was trading at $2 at delisting, which puts the price of redemption of the 150 million pref shares at $300 million.