Author: Precianne

Another record year for SVL with $2.5b net profit

Supreme Ventures Limited (SVL) continued its growth trajectory in 2019, with net profits of $2.5 billion. The performance represents an 18 per cent increase over 2018, which SVL’s chairman, Gary Peart, says was also a record-breaking year. Speaking at the company’s annual general meeting on Thursday, Peart said the growth seen in 2019 was in keeping […]

SVL Projecting Turnaround Of Lossmaking Guyana Operation By March

Supreme Ventures Guyana Holdings, which recorded losses in its start-up year 2019, had its problems compounded by the outbreak of COVID-19 and a disputed general election in that country in March. Retailer recruitment and buildout of the network continues in Guyana, but have been hampered by the two events. Nonetheless, executive chairman of parent company […]

Supreme Ventures launches ‘Supreme Heroes’

The Supreme Ventures Foundation (SVF) has launched ‘Supreme Heroes’, its flagship programme for 2020 that recognises micro businesses across the island which are integral to the development and well-being of members of their communities. Director of SVF, Heather Goldson says Supreme Heroes, a unique outreach programme powered by SVF, seeks to identify unsung heroes who […]

SVL Diversifies Into Back-Office Services

Neville Graham– Jamaica Gleaner – August 7, 2020 Supreme Ventures Limited, SVL, has added a new business line which will see the company providing back-office support services to clients. Circumstances have forced the company to become more agile at a period when jobs and disposable income have been erased by COVID. And more challenges are […]

SVG launches Business Hub for medium-sized entities in the region

The Supreme Ventures Group (SVG) recently announced the launch of a Business Hub solution aimed at extending the company’s premium business services to medium-sized businesses in Jamaica and the region. The Hub is to be headed by Dennis Chung, chief executive officer (CEO) of Supreme Ventures Services Limited. The focus market of this Business Hub is […]

Supreme Ventures back office win

If the back office had been a thoroughbred in the recent Guineas, the owner Supreme Ventures would have been in the winners’ enclosure. The race commentary could have read, “Winning with a work-from-anywhere attitude, Supreme Ventures’ back office turned in a countrywide performance for its owners, handlers and fans.” Aden Whittaker, vice president of operations and IT services, […]

Supreme Ventures launches new numbers game

Supreme Ventures Group (SVG) has announced the addition of a new game to its lottery product. The game, Hot Pick, is the latest addition to SVG’s suite of popular number-based games and is expected to add more excitement in the gaming market, the Supreme  Ventures said in a press release. CEO of Prime Sports Jamaica […]

Lotto Winner Claims $95 Million Jackpot

The newest Lotto millionaire is counting his win as a blessing in the nick of time. W. Brown bought the winning ticket earlier this month at the Di Endz Sports Bar in May Pen, Clarendon to secure the $95 million jackpot. “I don’t regularly buy from that place, I usually purchase my ticket in Old Harbour […]

Supreme Ventures announces retirement of Ian Levy

The Supreme Ventures Group has announced the retirement of Ian Levy, as Deputy Chairman and Director of the Board of Supreme Ventures Limited, effective July 11, 2020. According to a release from the company, Levy has retired in keeping with the retirement age for directors as stipulated in the Company’s Board Charter. He has also […]