Terrafina Announces Extraordinary Distribution to Cover Tax Withholding of Fourth Quarter 2017 Distribution Payment, Payable on November 21, 2018
November 13, 2018 at 12:29 pm EST
Share
Terrafina announced an extraordinary distribution payment to cover the tax withholding of the fourth quarter 2017 distribution payment. On November 21, 2018, Terrafina will distribute the amount of MXN 0.178253 per CBFI, for each of the outstanding 791,014,635 CBFIs. This amount is equivalent to a total payment of MXN 141,000,877.68 that covers the withholding of the income tax and related concepts to which the holders of Terrafina’s CBFIs are subject due to the 2017 tax result. Ex-dividend date is November 14, 2018 and record date is November 15, 2018.
CI Banco SA Institucion de Banca Multiple FF/00939 is a Mexico-based company engaged in the real estate investment trust (REIT) operation. The Company focuses on the acquisition, construction, development, leasing and administration of industrial real estate assets in Mexico. The Company also provides financing secured by related leased properties. Its subsidiaries include TF Administradora S de RL de CV. The Company is directly controlled by Cibanco SA Institucion de Banca Multiple and indirectly by Tenedora CI SA de CV.