Jamaica Stock Exchange
Sweet River Abattoir and Supplies is set to become the latest addition to the junior stock market.
The company will launch an initial public offer on August 12 to raise $179 million from the sale of 46.3 million ordinary shares.
Sweet River will use the proceeds to reduce bank loans, complete construction, install a solar energy generation system as well as raise working capital.
The company is in the business of slaughtering and performing first level processing of pigs and small ruminants.
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