Mayberry Jamaican Equities, MJE, Limited says due to overwhelming demand, the board of directors has decided to up-size and extend the closing date of its Bond initial public offering, IPO.
Originally scheduled to close on June 7, 2024, the new closing date is now set for June 21, 2024, at 4:30 PM.
Mayberry says this extension provides prospective investors with additional time to finalise their investments and participate in this exclusive offering.
However, MJE reserves the right to close the offer earlier, with notice to be posted on the Jamaica Stock Exchange website.
Mayberry says the funds raised will be utilised to further diversify and enhance MJE’s investment portfolio, contributing to the company’s long-term vision of delivering superior value to its shareholders.