TransJamaican Highway Limited
Company Summary
TransJamaican Highway Limited (“TJH”) was established in 2001 and is primarily engaged in the development, operation, and maintenance of Jamaica’s "Highway 2000 East-West," a 49.9km tolled road network. TJH operates under a 35-year Concession Agreement with NROCC, starting November 21, 2001, expiring November 21, 2036, with an option for a 35-year extension.
IPO Summary
NROCC OFFER FOR SALE TJH SHARES
Details
Short Name: TJH
Currency: JMD,USD
Opening Date: March 4, 2025
Closing Date: March 18, 2025
Main Broker: NCB Capital Markets Limited
Arranger: NCB Capital Markets Limited
Co-Lead Arranger: JMMB Securities Limited
Co-Broker(s): Sagicor Investments Jamaica Limited
Key Financial Indicator(s):
What You Will Need
Before you get started, you will need the following to apply for an IPO successfully.
Transfer funding to purchase IPO
1. Proof of funds transferred to Sagicor’s Account.
Don’t know where to send funds?
or
2. Proof of email request to SIJL_IPO@sagicor.com showing the funding instructions.
An active JCSD account number
A JCSD account can be opened at any broker and is needed to purchase an IPO.
Refund and Dividend Bank Account
A bank account where you would like to receive your refunds and dividends. When using BNS and FGB accounts, please include the branch code before your account number.
Signature Card and ID for joint holders and company signatories
If there are Joint holders or company signatories, they will need to sign for the processing of an IPO purchase. Companies are required to affix their company's stamp/seal to the application.
Share Pool
General
1,050,420,000
Reserved
700,280,000
General USD
1,050,420,000
Reserved USD
700,280,000
1,050,420,000 shares in the "General" Share Pool at $3.6 per share
Minimum Shares: 1,000
Increment: 1,000
Share Pool: 1,050,420,000
700,280,000 shares in the "Reserved" Share Pool at $3.6 per share
Minimum Shares: 1,000
Increment: 1,000
Share Pool: 700,280,000
1,050,420,000 shares in the "General USD" Share Pool at $0.0228 per share
Minimum Shares: 100,000
Increment: 10,000
Share Pool: 1,050,420,000
700,280,000 shares in the "Reserved USD" Share Pool at $0.0228 per share
Minimum Shares: 100,000
Increment: 10,000
Share Pool: 700,280,000