Key Developments: Cosan Limited (CZZ)
17 May 2013
Latest Key Developments (Source: Significant Developments)
Cosan Limited announced that its Board of Directors approved on August 29, 2012 the distribution of dividends for the fiscal year ended on March 31, 2012, in the amount of USD 77,385,210.58, corresponding to USD 0.285884067 per class A or B share, or the equivalent value in BRL for the holders of Brazilian Depositary Receipts (BDRs). The payment will be done on September 11, 2012, to the shareholders on record as of September 10, 2012. For the holders of BDRs, the payment will be done on September 14, 2012 with record date on September 5, 2012. The ex-dividend date is September 6, 2012. Full Article
Raizen SA, a joint venture between Brazilian Sugar and ethanol producer Cosan and Royal Dutch Shell, is negotiating a new partnership with International Meal Company (IMC), according to a securities filing on Friday.