Mayberry Jamaican Equities Limited (MJE), an investment holding company, today announced that it has sold its 20.00% ownership stake in Caribbean Producers Jamaica Limited (CPJ) to a strategic partner.

Mayberry Jamaican Equities Limited holds investments in various companies listed on the Junior Market and the Main Market of the Jamaica Stock Exchange.

As of March 31, 2024, it held 41 stocks in its portfolio. The Company was formerly known as Mayberry West Indies Limited and changed its name to Mayberry Jamaican Equities Limited in January 2018. Incorporated in 2005 and based in Castries, Saint Lucia, Mayberry Jamaican Equities Limited is a subsidiary of Mayberry Group Limited.

“We made the investment in CPJ over 8 years ago because we believed in the Company, the economic development of Jamaica, and the importance of the tourism sector to our economy,” said Christopher Berry, Executive Chairman of MJE.

“Today we have realized the gains from that investment, which has provided handsome returns for the shareholders of MJE.”

This strategic move reflects MJE’s ongoing commitment to optimizing its investment portfolio and delivering value to its shareholders. The Company continues to seek new opportunities that align with its strategic objectives and growth plans.