Kingston Properties Limited – Declared Dividend

Posted: March 16, 2015 at 12:00 am

Kingston Properties Ltd has advised that the Board of Directors at its round robin on March 12, 2015 declared a dividend of US$0.0029 per stock unit payable on April 8, 2015 to stockholders on record as at March 26, 2015. The Ex date is March 24, 2015.

 

Kingston Properties Ltd – Sale of Property

Posted: January 27, 2015 at 12:00 am

Kingston Properties Limited has advised that it has sold its office & warehouse property located at 83 Hagley Park Road effective January 6, 2015 for approximately Two Hundred And Thirty Million Dollars ($230 million). Net proceeds of the sale are expected to be invested in other properties. Over the five years holding period, Total Return […]

 

KPREIT 2nd Qtr Results 2014 (Amended Notes)

Posted: September 4, 2014 at 12:00 am

  On Page 1 of the report (Group Statement of Comprehensive Income), the line “(Loss)/Profit, being comprehensive expense/(income) for the period/year” is now corrected to read $554 instead of $10,533 for the Unaudited Quarter ended June 30, 2013.

 

Kingston Properties Ltd – Completion of Sale and Purchase of Property

Posted: September 2, 2014 at 12:00 am

Kingston Properties Ltd has advised that they have successfully concluded the sale of 4 of its 19 residential condominium units for approximately US$980,000, realizing cumulative gains of 69.5% over the four year holding period. The Company, re-invested the net proceeds in a 19 unit residential apartment building in an area of Miami. The property was […]

 

Kingston Properties Ltd – Repurchase of 1% Company Shares

Posted: June 16, 2014 at 12:00 am

Kingston Properties Ltd wishes to advise the Stock Exchange, shareholders and the investing public at large that the Board of Directors of Kingston Properties has authorized a buy-back of up to one percent (1%) of the company’s shares in issue for up to one year following the expiry of 21 days from the date of […]