JMMB Gets Green Light From Regulators To Acquire AIC Securities Ltd

Jamaica Money Market Brokers Limited (JMMB) has advised that through its Trinidadian subsidiary JMMB Investments (Trinidad and Tobago) Limited, it has received the approval of its Regulators for the acquisition of AIC Securities Limited (a securities dealer and stock broker, headquartered in Trinidad). JMMB therefore will now seek to move to complete the transaction which, upon successful completion, will see it acquiring 100% of AIC Securities Limited, which is a member of the AIC Financial Group.