Search results for : breweries
August 28, 2020
Bahamian Brewery & Beverage Co., Working Full Steam To Brew Truly Bahamian Beer
CEO James ‘Jimmy’ Sands described Hurricane Dorian and COVID-19 as a trip in the ring with Leonard “Boston Blackie” Miller, and receiving not one but two of his signature ‘bola’ punches...
Bahamian Brewery Celebrates Rémy Martin
April 07, 2024
Bahamian Brewery Celebrates Rémy Martin
NASSAU, BAHAMAS - Bahamian Brewery is pulling out all the stops and providing many opportunities to experience Rémy Martin as its 300th anniversary approaches.
January 09, 2024
Judge dismisses woman's injury claim against Commonwealth Brewery Ltd
A SUPREME Court judge dismissed a lawsuit from a former Commonwealth Brewery Limited employee last week after the woman sued the company for injuries she allegedly received after falling over a box at work.
December 13, 2023
Bahamian Brewery deepens partnership with The Cancer Society of The Bahamas
NASSAU, BAHAMAS — During the month of October, Jimmy's Wines & Spirits (JWS) reprised its role as a critical supporter in the fight against cancer, partnering with the Cancer Society of The Bahamas on a nationwide Drink Pink Campaign" that raised $3,500 to support the organization's crucial initiatives. "This isn't the first time Jimmy's [...]
November 16, 2023
Commonwealth Brewery sees 11 percent growth in Q3 net revenue
NASSAU, BAHAMAS — Commonwealth Brewery experienced a notable 11 percent growth in net revenue during its third quarter, paralleled by a corresponding increase in operating expenses. The vertically integrated BISX-listed brewer in its unaudited financial statements for the nine months ending September 2023, noted that it continued its strong performance in 2023 driven by its [...]
13m committed to Brewery's IPO
March 28, 2011
13m committed to Brewery's IPO
By NEIL HARTNELL
Tribune Business Editor
Subscriptions for the $62.5 million Commonwealth Brewery initial public offering (IPO) "continue to come in at a fairly good pace" of a 75 per day average, its placement agent told Tribune Business yesterday, with $12 million committed by the end of last week - and a further $1 million received yesterday.
Michael Anderson, RoyalFidelity Merchant Bank & T...
Concern over Brewery's 100 dividend policy
March 29, 2011
Concern over Brewery's 100 dividend policy
By NEIL HARTNELL
Tribune Business Editor
Leading Bahamian investment analysts have raised concerns over Commonwealth Brewery's 100 per cent net income dividend payout policy, questioning whether it was "sustainable" and could detract from capital investment, and if it indicated Heineken saw limited long-term growth opportunities for the company.
While many still rate Commonwealth Brewery's $62....
Commonwealth Brewery IPO at 60 subscribed
April 11, 2011
Commonwealth Brewery IPO at 60 subscribed
Confirmed and indicative subscriptions stand at around $59 million or 94 percent, heading into the final five days of the Commonwealth Brewery Limited (CB) initial public offering (IPO).
Of that number, Michael Anderson, President of Royal Fidelity Bank?& Trust, told Guardian Business in an interview on Friday that $38 million, or around 60 percent of the offer, was confirmed. Interest expressed ...
Anderson on brewery's dividend policy
April 11, 2011
Anderson on brewery's dividend policy
Commonwealth Brewery’s (CB) 100 percent dividend policy may be an incentive to many investors to participate in its initial public offering (IPO), but it has come under scrutiny in regards to whether or not such a policy is sustainable.
At the heart of the issue is the question of whether the dividend policy of a 100 percent payout of net income would allow for necessary capital expenditure ...
The Commonwealth Brewery share offer
April 11, 2011
The Commonwealth Brewery share offer
Commonwealth Brewery Limited opened its public share offering on March 21, 2011 and will close this coming Friday, April 15, 2011. This is the first time in a decade that shares have been offered to the public, and, given that this is the largest initial public offering of shares in Bahamian history, this offering has attracted considerable interest. We are not aware of any comprehensive analysis...
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