Helbor Empreendimentos SA : Said on Wednesday its board of directors approved to run a share capital increase of up to 120.0 million Brazilian reais ($37.3 million), that is from 806.4 million reais to 926.4 million reais, through a private issue of up to 68.2 million new ordinary shares . Controlling shareholders have agreed to subscribe to between 36.6 million and 39.8 million new shares . Price of the share issue is 1.76 real . To ratify the increase in case of subscription for at least 56.8 million shares, corresponding to 100.0 million reais .Intends to increase the capital in order to reduce net debt and current level of leverage.
Helbor Empreendimentos SA:Approves dividend payment of 0.394 real per share on May 12.