S
ectors: The Trust has decided that it would strategically focus its near-term acquisition efforts on the industrial and multi-residential sectors across Canada by reducing its exposure to its non-core retail assets. In this regard, we have initially identified 13 non-core retail assets for disposition and have transferred approximately $20 million from our core portfolio to “Assets Held for Sale”. To date three properties have been sold and the remaining 10 are under contract and are expected to close through 2021. The program is ongoing and we expect the identification of further non-core retail assets for sale and redeployment into the industrial and multi-residential sectors as the year continues.
High Arctic Announces 2020 Fourth Quarter and Year End Financial and Operating Results padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.
Strong performance in Dorel Sports and Dorel Home segments for the year limited by supply chain constraints
Dorel Juvenile significantly improves both reported and adjusted operating profit in the fourth quarter
MONTRÉAL, March 11, 2021 (GLOBE NEWSWIRE) Dorel Industries Inc. (TSX: DII.B, DII.A) today announced results for the fourth quarter and year ended December 30, 2020. Revenue for the fourth quarter was US$704.4 million, up 7.8% from US$653.4 million a year ago. Reported net loss for the quarter was US$22.9 million or US$0.70 per diluted share compared to US$0.6 million or US$0.02 per diluted share a year ago. Adjusted net loss
1 was US$18.0 million or US$0.55 per diluted share compared to an adjusted net income
Railtown Capital Corp. to Combine with Sparx Technology Inc., an Industry Leader in Interactive Media Technology
Railtown or the
Company ) is pleased to announce that it has signed a non-binding letter of intent dated February 19, 2021 (the
LOI
) with Sparx Technology Inc. (
Sparx ), an arm s length private company incorporated under the laws of Canada, to effect a transaction that will result in a reverse takeover of Railtown by Sparx (the
Transaction ). Trading in the common shares of the Company (the
Common Shares ) has been halted in accordance with the policies of the TSX Venture Exchange (the
TSXV ) and will remain halted until such time as all required documentation has been filed with and accepted by the TSXV.