IPO Details

jmmb group limited


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Description of Company

JMMB Group Limited provides a range of financial solutions for individual, business, corporate, and institutional clients in Jamaica, Trinidad and Tobago, and the Dominican Republic. The company operates in three segments: Financial and Related Services, Banking and Related Services, and Other. The Financial and Related Services segment offers securities brokering, stock brokering, portfolio planning, funds management, and investment advisory services. The Banking and Related Services segment accepts deposits; and offers loans and other credit facilities, foreign currency trading, and remittance and related services. The Other segment is involved in the provision of and insurance brokering, and investment and real estate holding activities. The company also provides merchant banking, funds transfer, fund and investment management, and mutual and pension fund administration services. JMMB Group Limited was founded in 1992 and is based in Kingston, Jamaica.


IPO Details

Short Name: JMMB PREF SHARES

Currency: JMD

Opening Date: 16 Feb 2021

Closing Date (On or before) : 09 Mar 2021

Lead Broker: Jamaica Money Market Brokers

Arranger: Jamaica Money Market Brokers

Co-Broker(s):

Industry: Finance


Share Pools

Description Maximum Shares Minimum Shares Share Increment Size Shares Available Unit Price
JMMB Clients 1,499,999,999 20,000 1,000 1,500,000,000 $3 Closed
General Public 499,999,999 20,000 1,000 500,000,000 $3 Closed




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