Gov’t Approves Sale of JPS Shares to Korean Company (EWP)
KINGSTON — Cabinet has consented to Marubeni Corporation's transfer of 50 per cent of its shares in the Jamaica Public Service Company (JPS) to Korea East-West Power Company limited (EWP). The transfer means that EWP will have 40 percent interest in the JPS, Marubeni Corporation’s interest will be reduced from 80 percent to 40 percent, the Government will retain its...


