After just over eight months since it was officially listed on the Jamaica Stock Exchange, AS Bryden and Sons Holdings Ltd.'s share price has appreciated significantly.
On November 10 last year, AS Bryden & Sons Holdings officially listed its ordinary shares on the Main Market of the JSE and its Class A preference shares on the JSE USD Equities Market.
Trading under the short name ASBH, the company started trading at a price of $22.50 Jamaican on the Main Market.
When the market closed on Friday, the share price was listed at $40.89, marking an 82 per cent increase from its original price.
Company CEO Richard Pandohie told the Trinidad Express that ASBH has been well received on the JSE, but there has not been a lot of trading because not many shares are available.
On June 6, 2022, Seprod, the regional manufacturing and distribution company headquartered in Jamaica, acquired 60 per cent of the shareholding of AS Bryden and Sons Holdings.
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