Newly-appointed Minister of National Security, Peter Bunting, and Minister of Justice Mark Golding have resigned from Proven Investments Limited, which they were instrumental in establishing two years ago. Golding has also resigned from the board of GraceKennedy, effective January 6. Both...

Steve Jackson | Jamaica Gleaner Proven Investment Limited (PIL) will next Tuesday open its planned $1-billion preference share offer in a bid to finance acquisition deals. The offer opens December 20 and closes on December 23, according to the prospectus posted...

Published in the Jamaica Gleaner Proven Investment Limited (PIL) plans to raise J$1 billion from a preference share issue to finance three acquisition deals by next month amid an imminent general election. PIL is acquiring a small loans-financing company and a stake...

Written by Al Edwards | Jamaica Observer PROVEN Investments Limited (PIL) yesterday was the first company to have a US dollar listing on the Jamaica Stock Exchange (JSE). The investment house whose lead principals are Peter Bunting, Mark Golding, Christopher Williams...

Proven Investments Limited (PIL) announced Monday that it would likely raise funds in a rights issue once it finalised an ongoing acquisition deal. Concurrently, the company, which is registered in St Lucia, wants to list in the Cayman Islands, following its...

Steven Jackson | Jamaica Gleaner Proven Investments Limited (PIL) announced Monday that it would likely raise funds in a rights issue once it finalised an ongoing acquisition deal. Concurrently, the company, which is registered in St Lucia, wants to list in...

PROVEN Investments last week reported Net Profit of US$6.6 million and return on average equity of 20.7 per cent for the 13-month period ending March 31 2011, its first year of operations. Consolidated net revenue for the period under review was...

Written by Steven Jackson | Jamaica Gleaner PROVEN Investments Limited is negotiating the acquisition of a second investment firm amid posting US$6.6 million (J$565 million) in audited after-tax profit for its first 13 months of operations. “We are pumped,” said Christopher...

Published in the Jamaica Gleaner Proven Investment Limited (PIL) said Thursday that it has sealed the deal for acquisition of Guardian Asset Management (GAM) Jamaica Limited. Guardian Holdings Limited (GHL) has sold 100 per cent of its shares in GAM Jamaica...

Dionne Rose | Jamaica Gleaner Christopher Williams, chief executive officer of Proven Investments Limited (PIL), says that the company is concentrating on building out its asset portfolio but will follow through on plans to go public, and list on the Jamaica...