Jamaican company, Caribbean Flavors and Fragrances, is looking to raise J$ 50.6 million (US$ 495,000) an equivalent of about 23 million shares when it holds its' initial public offering (IPO) on September 25.
Caribbean Flavors and Fragrances plans to go public with a listing on the Junior Market of the Jamaica Stock Exchange (JSE). Individual shares are initially to be offered at J$2.25 (US$ 0.022).
According to company officials, over 9 million shares will be reserved for sale to the
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