|By Marketwired .||
|July 10, 2014 07:45 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/10/14 -- Madison Pacific Properties Inc. (TSX:MPC)(TSX:MPC.C) (the Company), a Vancouver-based real estate company announces the results of operations for the nine months ended May 31, 2014.
The results reported are pursuant to International Financial Reporting Standards (IFRS) for public companies.
For the nine months ended May 31, 2014, the Company is reporting net income of $12.3 million (2013: $7.0 million); cash flows from operating activities, before changes in non-cash operating balances, of $8.3 million (2013: $5.9 million); and income per share of $0.20 (2013: $0.12). Included in net income is a pre-tax net gain from the fair value adjustment on investment properties of $6.8 million (2013: $2.2 million).
The Company currently owns approximately $366 million in investment properties, comprising 2.1 million rentable sq. ft. of industrial and commercial space, of which, over 99% of the available space is leased.
For a review of the risks and uncertainties to which the Company is subject see the August 31, 2013 annual MD&A.
The Company is pleased to announce that a $.0525 per share dividend on each of the Class B voting common shares and Class C non-voting shares will be payable September 4, 2014 to shareholders of record on August 21, 2014.
Madison Pacific Properties Inc.
Mr. Marvin Haasen
President & CEO
(604) 732-6550 (FAX)
Madison Pacific Properties Inc.
Mr. Dino Di Marco
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Dec. 8, 2016 09:30 AM EST Reads: 549
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Dec. 8, 2016 09:15 AM EST Reads: 922
"We are a leader in the market space called network visibility solutions - it enables monitoring tools and Big Data analysis to access the data and be able to see the performance," explained Shay Morag, VP of Sales and Marketing at Niagara Networks, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 8, 2016 09:12 AM EST
Dec. 8, 2016 09:00 AM EST Reads: 567
Dec. 8, 2016 09:00 AM EST Reads: 439
Dec. 8, 2016 08:45 AM EST Reads: 885
Dec. 8, 2016 08:45 AM EST Reads: 1,864
Dec. 8, 2016 08:30 AM EST Reads: 825
Dec. 8, 2016 08:30 AM EST Reads: 965
Dec. 8, 2016 08:15 AM EST Reads: 2,035
Dec. 8, 2016 07:30 AM EST Reads: 5,378
Dec. 8, 2016 07:00 AM EST Reads: 1,709
Dec. 8, 2016 06:30 AM EST Reads: 1,135
Dec. 8, 2016 06:15 AM EST Reads: 5,913
Dec. 8, 2016 05:00 AM EST Reads: 2,161