We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Companhia Sanea | NYSE:SBS | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.15 | 0.96% | 15.78 | 15.83 | 15.77 | 15.78 | 17,607 | 14:33:13 |
SÃO PAULO, Sept. 20, 2018 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp"), pursuant to the provisions of article 157, § 4, of Law No 6,404/76 as well as with the provisions of CVM Instruction No 358/02, informs its shareholders and the market in general that the signing of a Protocol of Intentions (Protocolo de Intenções) between the City of Guarulhos, the Government of the State of São Paulo and the Autonomous Service of Water and Sewage of Guarulhos (Serviço Autônomo de Água e Esgoto de Guarulhos – SAAE), with Sabesp as a consenting intervening party, is scheduled for tomorrow, September 21, 2018, with the following purposes:
The Protocol of Intentions (Protocolo de Intenções) will, once formalized, also determine that:
The provisions of the Protocol of Intentions (Protocolo de Intenções), will remain in effect for 4 (four) months or up to the conclusion of the definitive documents, whichever takes place first.
The terms for contracting Sabesp, which are subject to changes throughout the effective period of the Protocol of Intentions (Protocolo de Intenções), are based on the following:
The content proposed in the to-be-signed Protocol of Intentions (Protocolo de Intenções) replaces the conditions previously negotiated with the City and disclosed in the Material Fact of August 28, 2017.
The signing of the Protocol of Intentions (Protocolo de Intenções) will be confirmed as soon as it takes place, whereas the conclusion of the judicial agreement and of the service agreement will depend on the prior approval by the Board of Directors of Sabesp, as well as by the Legislative Municipal Chamber (Câmara Legislativa do Município) of Guarulhos.
The company will keep the market informed of any developments related to the subject matter of this Material Fact.
IR Contacts:
Mario Arruda Sampaio: (55 11) 3388-8664 (maasampaio@sabesp.com.br)
Angela Beatriz Airoldi: (55 11) 3388-8793 (abairoldi@sabesp.com.br)
View original content:http://www.prnewswire.com/news-releases/sabesp-material-fact-300716623.html
SOURCE Sabesp (Companhia de Saneamento Básico do Estado de São Paulo)
Copyright 2018 PR Newswire
1 Year Companhia Sanea Chart |
1 Month Companhia Sanea Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions