Blog

PROVEN is listed on both the JMD and the USD markets of the Jamaica Stock Exchange. HOW DOES THIS AFFECT YOU? Click to read more

Financial outfit Proven Investments Ltd raised close to US$30 million (J$3.5b) in its rights issue based on strong uptake from the market. The sucessful rights issue is seen as a precursor to the acquisition of another financial entity. “[The original] target was US$19.6 million and we did just over US$30 million,” stated Proven CEO Chris […]

The fast-growing financial outfit Proven Investments Ltd will seek to acquire yet another sizable financial sector entity funded from its ensuing US$20 million ($2.2 b) rights issue, the Jamaica Observer understands. Proven’s management, however, declined to discuss acquisition strategies. “I do not want to comment on any specific acquisition plans. But we remain humbled by […]

This Prospectus is being issued and the Offer contained herein is being made only to Shareholders of the Company. Click to read more

Proven Investments Limited (PIL) will be tapping its shareholders for additional equity capital through a renounceable rights issue to raise at least US$20 million ($2.3 billion). The company needs funds for new investments and to pay down debt used to fund its acquisitive streak in 2014, when the company bought up an investment firm, expanding […]