PAN Jamaica Group expects to complete the disposal of a $5-billion to $6-billion portfolio of non-core assets by the end of 2027 as it redirects capital towards businesses offering stronger growth prospects, following a first half in which pretax profit fell by half despite higher revenue.

The portfolio includes listed securities, international investment partnerships and venture funds, as well as non-controlling interests in businesses outside the four operating segments Pan Jamaica has identified for long-term growth, Vice-Chairman and Chief Executive Officer Jeffrey Hall told the Jamaica Observer Tuesday.

Hall said the value of the portfolio fluctuates with market prices but currently falls within the $5-billion to $6-billion range. Pan Jamaica has not identified the individual securities, funds or business interests it plans to sell.