Productive Business Solutions (PBS) is the latest company to list on the Jamaica Stock Exchange, JSE.
It’s the largest listing in the JSE’s history.
The company held a listing ceremony at the opening of trading yesterday.
In June, PBS announced that it was seeking to generate USD$41-million in funding via an Initial Public Offering, IPO.
JSE Managing Director, Marlene Street-Forrest, says she hopes the listing will help the local stock exchange meet its target of 100 securities by year’s end, up from the current 91.
A subsidiary of the Musson Group of Companies, PBS is the exclusive distributor of Xerox products in Jamaica.
Its parent company has a presence in 14 countries throughout the Caribbean and Central America.