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Cresud SACIF y A (CRE.BA)

CRE.BA on Buenos Aires Stock Exchange

30.35ARS
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Latest Key Developments (Source: Significant Developments)

Cresud SACIF y A sells agricultural plot in Bolivia for $7.21 mln
Wednesday, 24 Jun 2015 04:35pm EDT 

Cresud SACIF y A:Sells part of its agricultural plot Fon Fon of 1,643 hectares located in Santa Cruz de la Sierra, Bolivia for $7,210,000.To date, company received $1.5 mln and will receive remaining payments of $5.71 mln in six semi-annual installments payable starting Dec. 2015 and ending June 2018.Accounting impact of the transaction is at about 26.5 mln pesos and will be included in financial statements ending June 2015.  Full Article

Cresud unit to sell remaining area of Cremaq in Baixa Grande do Ribeiro (Piaui)
Thursday, 11 Jun 2015 12:03pm EDT 

Cresud SACIF y A:Says its unit, Brasilagro-Companhia Brasileira de Propriedades Agricolas (Brasilagro), has reached an agreement to sell the remaining area of Cremaq of 27,745 hectares in Baixa Grande do Ribeiro (Piaui).Transaction value of 270 million reais.  Full Article

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