Brief: Inmobiliaria del Sur Proposes Not To Approve Share Capital Increase, Postpones Decision On Earnings Distribution

Inmobiliaria del Sur SA

30/03/2020 06:19

March 30 (Reuters) - Inmobiliaria del Sur  ISUR.MC :
    * SAID ON SATURDAY BOARD PROPOSED THE DEFERRAL OF DECISION
ON THE
PROPOSED DISTRIBUTION OF EARNINGS TO A SUBSEQUENT SHAREHOLDERS'
MEETING
    * THE MEETING SHOULD BE HELD WITHIN THE PERIOD LEGALLY
ESTABLISHED
FOR THE HOLDING OF THE ORDINARY MEETING ON URGENT EXTRAORDINARY
MEASURES TO DEAL WITH THE ECONOMIC AND SOCIAL IMPACT OF THE
COVID-19 (I.E. BEFORE OCTOBER 31, 2020)
    * THE NEW SHAREHOLDERS' MEETING MAY INCLUDE A PROPOSAL FOR
THE
APPLICATION OF THE RESULT DIFFERENT FROM THAT MADE ON THE
OCCASION OF THE MEETING TO BE HELD ON 3 APRIL (ON SECOND CALL)
    * TO PROPOSE NOT TO APPROVE A RESOLUTION REGARDING CAPITAL
INCREASE, TAKING INTO ACCOUNT THE EXCEPTIONAL CIRCUMSTANCES 

    
 Source text: https://bit.ly/2vWRMCL
    
 Further company coverage:  ISUR.MC  
   


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