Scotia Group to hold shareholder meetings in October as delisting plan advances

Scotia Group Jamaica Limited (SGJ) received court approval to convene shareholder meetings in October, which could pave the way for the delisting of the company from the Jamaica Stock Exchange.Justice David Batts issued a formal order on July 15 allowing Scotia to proceed with the meetings, which will seek shareholder approval for the proposed scheme. The meeting of Scotiabank Caribbean Holdings, the parent of SGJ, is scheduled for October 7 at the AC Hotel by Marriott on Lady Musgrave Road in Kingston.