Jamaican listed holding company, Kintyre Holdings (JA) Limited, is moving to roll out a shareholder restructuring, which would involve the formation of a newly established US-based holding company, Kintyre Holdings International Inc.

Kintyre Holdings International Inc. is intended to serve as an international parent entity supporting the next phase of growth and strategic expansion of the Kintyre platform. Following completion of this restructuring, Kintyre Holdings International Inc. may seek to position itself to pursue a potential listing on the New York Stock Exchange (NYSE) under the framework of the Jumpstart Our Business Startups (JOBS) Act.

The JOBS Act of 2012 is designed to encourage capital formation by emerging growth companies. Under the proposed restructuring, a group of principal shareholders representing in excess of 51% of the voting rights of Kintyre Holdings intends to undertake a restructuring of their shareholdings in the Jamaican listed company.

Proposed restructuring

The proposed restructuring contemplates the consolidation of those shareholdings into Kintyre Holdings International Inc, which intends to position itself to benefit from the JOBS Act, which allows American-domiciled companies with less than US$1 billion in annual revenue to access US public capital markets. This is possible with scaled regulatory requirements during the early years following their listing, including confidential filings with the US Securities and Exchange Commission (SEC) and phased regulatory compliance requirements. 

In a regulatory filing with the Jamaica Stock Exchange, where its shares are publicly traded, Kintyre Holdings noted that America’s capital markets provide significantly deeper pools of capital and greater investor liquidity than smaller regional markets, which can support growth-oriented companies seeking to expand internationally. The company says it remains committed to maintaining its operational foundation in Jamaica while supporting the development of sister operating entities across the Caribbean and Latin America over time.

For Tyrone Wilson, founder of Kintyre, “This proposed restructuring reflects the belief among the Company’s principal shareholders that the Kintyre platform is ready for its next phase of growth. Over the past two years, we have delivered a meaningful turnaround in the business, improving profitability, strengthening governance, and expanding our portfolio of ventures. The shareholder group believes that accessing deeper international capital markets could support the scale of growth we envision while positioning a Jamaican-founded platform to pursue opportunities on one of the world’s leading stock exchanges.

“If successful, this initiative could position the Kintyre platform among the few companies originating from Jamaica to pursue a pathway toward listing on the New York Stock Exchange (NYSE). The company wishes to emphasise that the proposed restructuring does not represent a change in the ultimate beneficial ownership or control of Kintyre Holdings (JA), as the controlling shareholder remains the same.”

The proposed restructuring remains subject to the completion of customary legal and administrative processes by the relevant shareholders and related entities. Kintyre Holdings promises to provide further updates to the market should any material developments arise.

In the past two years, Kintyre Holdings has demonstrated significant financial improvement and growth, where in the financial year ended December 2025, the Group generated revenue of J$271.1 million (2024: J$216.8 million), representing an increase of 25.0%, and net profit of J$157.5 million (2024: J$72.0 million), representing an increase of 118.8%.

Operating profit increased 65.1% to J$156.6 million (2024: J$94.7 million), reflecting improved profitability across the company’s portfolio of businesses. Profit attributable to shareholders increased to J$148.8 million (2024: J$54.5 million), representing growth of 173.2%.