Key Developments For Alto Palermo S.A.
Alto Palermo S.A. (APSA.O) (Consolidated Issue listed on NASDAQ Global Market)
Alto Palermo S.A. Announces Further Details On Dividend Payment For FY 2009
Alto Palermo S.A. announced that it will pay dividend for fiscal year 2009 in the total amount of ARS 56,000,000 equivalent to ARS 0.07160537332 per share. This dividend decreased by 7.03% in comparison with the dividend paid for fiscal year 2008, which represented a total amount of ARS 60,237,864. The payment date will be November 17, 2009 payable to all share holders on record till November 16, 2009.
Alto Palermo SA Announces Further Details On Issuance Of Negotiable Bonds
Alto Palermo SA announced the issuance of Class III Negotiable Bonds at the nominal value of up to ARS 40,000,000 and with a maturity of 18 months, counting from the Date of the Issuance. The Company also announced the issuance of Class IV Negotiable Bonds at the nominal value of ARS 40,000,000 with the maturity date of 18 months, counting from the Date of the Issuance. Both Class III and IV Bonds are issued under Global Program of Negotiable Bonds Issuance at the nominal value of up to USD 200,000,000.
Alto Palermo SA Announces Project Of Merger With Its Subsidiary Shopping Alto Palermo SA
Alto Palermo SA announced the Project of the Merger with its 100%-owned subsidiary Shopping Alto Palermo SA. As a result of the merger, Shopping Alto Palermo SA will be dissolved without liquidation.
Alto Palermo S.A. Announces Issuance of Negotiable Bonds
Alto Palermo S.A. announced that it will issue negotiable bonds of Class III for an amount of ARS 80 million and Class IV bonds for ARS 114 million as a part of its Global Bond Emission Program.
Alto Palermo S.A. Announces Dividend Payment For FY 2009
Alto Palermo S.A. announced that it has decided to distribute a dividend for fiscal year 2009 in the total amount of ARS 56,000,000. This dividend decreased by 7.03% in comparison with the dividend paid for fiscal year 2008, which represented a total amount of ARS 60,237,864. Other details were not disclosed.
