Sygnus Real Estate Finance (SRF) hosted its first Annual General Meeting on May 3, 2023, at our satellite location at The Jamaica Pegasus Hotel. Shareholders were able to join us in person as well as online to participate in this milestone occasion. See images from this special event.
SCI’s board of directors authorized a three-year share buyback program which will see SCI repurchasing up to US$9.00 million of its ordinary shares. This further reflects SCI’s commitment to shareholders during its initial public offering and as prescribed by the Company’s articles of association.
(Kingston, Jamaica) Members of the Sygnus team on Tuesday, May 9, 2023 in observance of Read Across Jamaica Day and in celebration of Child Month, journeyed to the John Mills Infant Primary and Junior High School, as well as the Riverton Meadows Early Childhood Centre, where they engaged the children in educational and fun-filled activities.
Visiting the different classes, members of the team sat with students reading stories from an array of books including, but were not limited to local author Kellie Magnus’ Little Lion Goes To School and young local author Sapphire Cadogan’s The Magical Fruits. The team also enjoyed leisure time with the children, engaging them in outdoor playground activities such as ring games.
In a handover ceremony, the Sygnus team presented the children with an assortment of books and educational games for their reading corners. John Mills was also presented with a new printer for their main office. Following this, the team in honour of Teacher’s Day, taking place on Wednesday, May 10, gifted teachers with a celebratory cake and special gifts.
The Riverton Meadows Early Childhood Centre, one of the four centres run by the St. Patrick’s Foundation – an organisation which Sygnus has supported for the last 5 years, expressed their gratitude to the Sygnus team, presenting the firm with a certificate of appreciation.
“The team is very happy and honoured to once again be a part of such a significant national initiative. We respect and applaud the efforts of our teachers who work tirelessly to establish a solid foundation of reading for our children. Here at Sygnus we believe in the importance of reading and how life-changing that can be. It was really an opportunity for us to take part in ensuring our children, who are the future of our country, are equipped and have access to additional educational resources. So we not only donated books by some great Jamaican authors, but educational games as well. We definitely had fun interacting with the children from both John Mills and Riverton. We hope that we were able to inspire the children to find the fun and gains in reading,” shared Renee Rickards, Marketing Manager at Sygnus.
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About Sygnus
Sygnus is the leading alternative investment management company in the Caribbean and Latin America, spanning private credit, real estate, and private equity. Sygnus manages Sygnus Credit Investments Limited (SCI) (80 Lady Musgrave Road) which is listed on the JSE and the largest Private Credit Investment company in the English-Speaking Caribbean. SCI is a pioneering private credit investment company, which offers creative debt financing to middle market businesses across the Caribbean. Sygnus Real Estate Finance Limited (SRF) provides flexible capital (Debt or Equity) to all classes of real estate assets (commercial, industrial, or residential). Sygnus Deneb Investments Limited (SDI) invests private equity capital in companies in the form of growth capital, buyouts, and turnarounds. The Sygnus Group also includes Acrecent Financial Corporation in Puerto Rico, a non-bank financial institution that provides asset-backed loans and leases to SMEs in Puerto Rico. Sygnus also offers its clients Investment Banking and Wealth Advisory..
Sygnus Real Estate Finance (SRF) hosted its first Annual General Meeting on May 3, 2023, at our satellite location at The Jamaica Pegasus Hotel. Shareholders were able to join us in person as well as online to participate in this milestone occasion. See images from this special event.
Sygnus Real Estate Finance Limited (“SRF” or the “Company”), a specialty real estate investment company, which uses flexible capital (debt and equity) to unlock value in real estate assets across the industrial, residential, commercial, hospitality and infrastructure segments, released its financial results for the six months (“6 Month 2023”) and second quarter ended February 28, 2023 (“Q2 Feb 2023”). During 6 Month 2023, the company deployed J$2.03 billion in investment commitments, compared to J$1.05 billion last year. Total real estate investment assets increased by 38.7%, exceeding the J$14 billion mark for the first time, while book value per share increased by 7.6% to J$22.32.
The Sygnus Team officially introduced the company to the Puerto Rican market on March 29, 2023 at the milestone event themed “Catalyzing Economic Growth Through Alternative Investments”. The partnership between Sygnus and Acrecent solidifies their vision of the growth of Alternative Investments across the region. The event brought together industry leaders, finance and investment experts, investors and entrepreneurs to discuss the opportunities for alternative investments and capital markets in Puerto Rico.
In 2022 , The Sygnus Team completed several transactions valued at over $35 billion ! These innovative transactions highlighted the team’s creativity and expertise in executing various types of Alternative Investment and Investment Banking deals across the Caribbean.
Net profit up 16% to a record US$2.86 million as earnings per share jumps 14.3% to US$0.48
Sygnus Credit Investments Limited (SCI) is reporting yet another record performance for the half-year and second quarter, ended December 2022
Jamaica-based investment company, Sygnus Credit Investments (SCI) plans to delist its cross listed shares from the Jamaica Stock Exchange (JSE).
The de-listing will affect both J$ and US$ ordinary shares, which were cross listed. The shares of SCI were listed on the Main Jamaican Dollar Market (J$ Market) and the US Dollar Market (US$ Market) of the JSE on June 18, 2018.
Sygnus Capital Limited is one of the first Jamaican private sector organisations to have implemented a paid paternity leave policy into their human resource plan.
Since the inception of the company back in 2016, paternity leave has been available to Sygnus employees.