News Releases related to VM Investments Limited
VM Investments Limited (VMIL) said it took a five per cent stake in Coldbush Organics — a Jamaican chocolate company based in St Thomas. The investment was made in October 2018, but the VMIL only made the deal public earlier this week. It did not state the value of the deal. However, it noted the …
VM Investments Limited’s private equity investment in Coldbush Organics Read More »
VM Investments has put into action its commitment to supporting the development of the Jamaican and Caribbean technology industries, through sponsorship of Kingston Beta, the 15-year-old award-winning Caribbean tech event series which seeks to foster growth, collaboration, and innovation within the local and regional technology ecosystem. The sponsorship saw the latest event in the series …
VMIL supports tech industry with Kingston Beta sponsorship Read More »
Victoria Mutual Investments Limited (VMIL) has been reaffirmed an investment grade credit rating from rating agency, Caribbean Information and Credit Rating Services Limited (CariCRIS). The ratings are as follows: Regional Scale Ratings Local Currency : CariBBB- National Scale Ratings Local Currency : jmBBB+ Foreign Currency : jmBBB Additionally, the rating agency has assigned a stable …
CariCRIS Reaffirms Investment Grade Credit Ratings for VM Investments Limited Read More »
Kingston, Jamaica: VM Investments Limited (VMIL) has agreed to make a private equity investment in Home Choice Enterprise Limited, which will see the wealth-building arm of the VM Group acquiring a sizeable stake in the manufacturing and distribution company. The equity injection will allow Home Choice Enterprise to expand its business to meet the growing …
VM Investments Limited had a year of expansion in 2021 as it began its emergence from the pandemic, according to Rezworth Burchenson, CEO of the wealth-building arm of the VM Group. Burchenson, in delivering his presentation at the company’s Annual General Meeting yesterday, said that many wins were achieved last year that align with the …
VMIL touts creditable year, promising future at AGM Read More »
FOR IMMEDIATE RELEASE: VM Investments Limited (VMIL) has entered into a definitive agreement with Republic Bank (Barbados) Limited (RBBL) to acquire 100% of the issued and authorized common shares in Republic Funds (Barbados) Incorporated (RFI), the owner and operator of the Republic Bank Barbados family of Mutual Funds, comprising Republic Property Fund, Republic Income Fund …
Victoria Mutual Investments Limited (VMIL) has inked a $700 million deal with real estate investment company, Kingston Properties Limited, in the form of a 13-month bridge loan to complete the expansion of its property portfolio. Dwight Jackson, Assistant Vice President, Corporate Finance, Victoria Mutual Wealth Management Limited, said this financing solution aligns well with the …
VMIL Signs $700M Loan Facility With Kingston Properties Read More »
Victoria Mutual Investments Limited (VMIL) has been assigned an investment grade credit rating from rating agency, Caribbean Information and Credit Rating Services Limited (CariCRIS). The ratings were as follows: Regional Scale Ratings Local Currency : CariBBB- National Scale Ratings Local Currency : jmBBB+ Foreign Currency : jmBBB Additionally, the rating agency has assigned a stable outlook on the …
VMIL Receives Investment Grade Credit Ratings From CariCRIS Read More »
Excellence in Digitalization & Customer Experience Underpins Difficult Year Victoria Mutual Investments Limited (VMIL) recorded strong wins in 2020, rising above the economic fallout of the COVID-19 pandemic to record a consolidated revenue of $1.88 billion, while implementing a suite of solutions to improve excellence in service delivery and digitalisation. This was announced at the …
Just four months after the launch of Carilend Jamaica by Victoria Mutual Investment Limited (VMIL), the loan facility has hit a milestone of $100 million in approved loans locally, following significant take-up of their VM eLoan offer. VMIL acquired a 30 per cent stake in Carilend, a Barbados-based FinTech company, in 2019. In December last …
