Alliance Financial Services Limited IPO – Everything you need to know

December 21, 2020

Remittance and cambio company, Alliance Financial Services Limited (AFSL), has launched their Initial Public Offer, seeking to be listed on the main market of the Jamaica Stock Exchange (JSE).

Selling 1.2 billion ordinary shares  
Share price: $1.59
Minimum purchase: 5000 shares
Total raise: J$1.99 billion (US$14 million)
Open date: December 28, 2020 
Close date: January 11, 2021
Lead broker: JMMB

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Peter Chin

Chairman and CEO

Robert Chin

Vice President and Co-Chairman

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