Kintyre Holdings Hosts Successful AGM, Charts New Path Following Rebranding from iCreate

Kintyre Holdings (JA) Limited, formerly iCreate Limited, held its highly anticipated Annual General Meeting (AGM) on October 2, 2024, at the AC Hotel Kingston, marking a pivotal moment in the company’s journey as it embraces its new identity and strategic direction. The AGM, a gathering of shareholders, board members, and stakeholders, served as an opportunity to reflect on the company’s recent milestones, announce acquisitions, and chart the way forward.

The rebranding from iCreate to Kintyre Holdings is part of a broader strategic transformation aimed at expanding beyond the company’s initial focus on digital and creative education. With its roots as a leading institution in the creative industries, Kintyre Holdings is now poised to diversify its portfolio, placing emphasis on Financial & Advisory Services, Hospitality & Leisure, Real Estate Development, Media, Advertising & Entertainment while maintaining its commitment to its creative legacy.

Key Resolutions Passed

At the AGM, shareholders approved all resolutions on the agenda, signifying unanimous support for the company's new direction. One of the key highlights was the formal announcement of two new acquisitions:

Sevens Restaurant & Lounge: Kintyre Holdings now holds a 20% stake in Sevens Kingston Limited, the popular restaurant and lounge located in the heart of Kingston. This investment aligns with Kintyre Holdings' expansion into the hospitality sector, underscoring the company’s vision to tap into new growth areas.

Parallel Real Estate Ventures Limited: Kintyre Holdings acquired a 51% stake in Parallel Real Estate Ventures, the developer behind The Chalet, an upscale real estate project at Bengal Beach in Discovery Bay, St. Ann. This acquisition solidifies the company’s footprint in real estate development, adding another layer to its diversified holdings.

Charting a New Path

Tyrone Wilson, Chairman and CEO of Kintyre Holdings, expressed enthusiasm about the company's future direction. “This AGM was more than just a meeting; it was the launch of a new chapter for our individual and institutional shareholders. We are charting a new path, and our acquisitions and rebranding are just the beginning. The future of Kintyre Holdings is rooted in diversity, innovation, and growth,” said Wilson.

With a growing portfolio that now includes real estate ventures, a thriving restaurant, and digital advertising opportunities, Kintyre Holdings is positioning itself as a versatile and forward-thinking investment entity. The company’s subsidiaries, such as Visual Vibe continues to drive momentum, with Visual Vibe making significant strides in Jamaica’s digital out-of-home advertising market.

A Commitment to Community and Legacy

In addition to its business objectives, Kintyre Holdings remains committed to social impact, with its foundation and charity efforts gaining attention. The AGM provided an opportunity to highlight the company's $3 million investment in iCreate stocks for three youths from Kintyre, Papine, an initiative designed to fund their education through stock maturity when they reach post-secondary education. This effort reinforces Kintyre Holdings' dedication to empowering the next generation.

Looking Ahead

As Kintyre Holdings embarks on this new journey, shareholders and stakeholders can expect continued innovation and expansion across its diversified portfolio. The company’s leadership team, bolstered by new board appointments such as Dr. Nick Rowles-Davies is well-positioned to drive future growth and deliver value to shareholders.

Kintyre Holdings is not just evolving from its iCreate origins—it is expanding its vision and embracing new opportunities that will define its future. With strategic acquisitions and a bold new direction, Kintyre Holdings is charting a path of growth and long-term success.