Key Developments: Grupo Aeroportuario del Sureste, SAB de CV (ASR)
117.11USD
17 May 2013
$-0.26 (-0.22%)
$117.37
$118.22
$118.22
$116.46
87,510
111,532
$141.63
$67.75
Latest Key Developments (Source: Significant Developments)
Grupo Aeroportuario del Sureste SAB de CV To Propose FY 2012 Dividend Payment
Grupo Aeroportuario del Sureste SAB de CV announced that on March 12, 2013 its Board of Directors agreed to submit to the shareholders for approval a dividend payment for fiscal year 2012 at a net value of MXN 4.00 per series B and BB share. The General Annual Ordinary Shareholders’ Meeting will be held on April 25, 2013. Full Article
Grupo Aeroportuario del Sureste SAB de CV Announces Further Details On Its Affiliate Contract To Operate Airport in Puerto Rico
Grupo Aeroportuario del Sureste SAB de CV (Asur) announced that in relation to the previous announcement from July 19, 2012 its affiliate Aerostar Airport Holdings (Aerostar) has signed a contract with the Ports Authorities of Puerto Rico (Autoridad de Puertos de Puerto Rico, PRPA) to operate the international airport, namely Luis Munoz Marin in San Juan, Puerto Rico. The contract has a maturity period of 40 years and an initial payment of USD 615 million. In addition, according to the contract, Aerostar will pay to PRPA the amount of USD 2.5 million annually during first five years of the contract’s validity, 5% of annual earnings as of sixth until 30th year of the contract’s validity and 10% of annual earnings after 31st until 40th year of the contract’s validity. The payments are expected to be funded by a debt of Aerostar and capital contributions of ASUR (through its subsidiary Cancun Airport) and Highstar Capital IV. Full Article
Grupo Aeroportuario del Sureste SAB de CV’s Affiliate Wins Contract To Operate Airport in Puerto Rico
Grupo Aeroportuario del Sureste SAB de CV (Asur) announced that Public-Private Association Committee of Puerto Rico has awarded its affiliate Aerostar Airport Holdings a contract to operate International Airport, namely Luis Munoz Marin in San Juan, Puerto Rico. Further details were not disclosed. Full Article
Mexico airport operator Asur reports lower quarterly profit
MEXICO CITY - Mexican airport operator Grupo Aeroportuario del Sureste, which operates Cancun airport and eight others in Mexico's southeast, said on Monday its first-quarter profit fell 9.6 percent, hurt by a jump in taxes that offset higher revenue.
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