Providential Holdings Resets Date for Annual General Meeting

Tuesday, November 25th 2008

Providential Holdings, Inc. a company engaged in mergers and acquisitions, real estate development, mining, and investing in special situations, today announced that the annual general meeting of the corporation for the year 2008 will be changed to January 30, 2009 at 02 o’clock P.M., Pacific Standard Time, at the Company’s principal offices located at 17011 Beach Blvd., Huntington Beach, CA 92647, U.S.A., instead of December 08, 2008 as previously announced. The purposes of the annual... 

Lexington Realty Trust Announces Quarterly Dividend of $0.18 per Common Share and Targeted Common Share Dividend for 2009

Tuesday, November 25th 2008

Lexington Realty Trust announced that it declared a regular common share dividend/distribution for the quarter ended December 31, 2008 of $0.18 per common share/unit payable on January 15, 2009 to shareholders/unitholders of record on December 31, 2008. Lexington also declared dividends of $0.503125 per Series B Cumulative Redeemable Preferred Share, $0.8125 per Series C Cumulative Convertible Preferred Share, and $0.471875 per Series D Cumulative Redeemable Preferred Share. The Series B and Series... 

Fluor Announces Plan to Relocate UK Operations Centre

Tuesday, November 25th 2008

Fluor Corporation announced today that it signed a contract to relocate its current UK headquarters and operations centre to SEGRO’s IQ Farnborough development in Hampshire. Financial terms of the transaction were not disclosed. The real estate contract with SEGRO is to build a new company headquarters with a state-of-the art, four-building complex comprising approximately 210,000 square feet. The new headquarters will consist of one building of approximately 76,000 square feet owned by Fluor and... 

Apartment Investment and Management Company Announces Results of Third Quarter 2008 Special Dividend Elections

Tuesday, November 25th 2008

Apartment Investment and Management Company announced today the results of the stockholders’ elections relating to Aimco’s third quarter 2008 special dividend declared by its Board of Directors on October 18, 2008. The special dividend of $1.80 per share of Class A Common Stock is payable on December 1, 2008, to stockholders of record on October 27, 2008. Aimco’s Class A Common Stock began trading “ex-dividend” for the special dividend on October 22, 2008. A portion... 

Xinyuan Real Estate Co., Ltd. Announces Financial Results for the Third Quarter and First Nine Months of 2008

Tuesday, November 25th 2008

Xinyuan Real Estate Co., Ltd. a fast-growing residential real estate developer with a focus on strategically selected Tier II cities in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2008. — Total revenues for the third quarter of 2008 decreased 5.4% to US$83.0 million from US$87.7 million for the second quarter of 2008. — Total revenues for the nine months ended September 30, 2008 increased 35.5%... 

Trikona Group Announces Appointment of His Highness Maharaja Gajsinghji of Jodhpur as Chairman of Apodis Hospitality

Tuesday, November 25th 2008

Trikona Group, which contributes to India’s growth in a socially aware manner by creating new asset classes around real estate and infrastructure, today announced that HHM Gajsinghji of Jodhpur, a leading hotelier in India, has been named Chairman of Apodis Hospitality, the hospitality company affiliated with the Trikona Group. As president of the 150 member Indian Heritage Hotels Association, Gajsinghji has helped shape the hospitality and tourism industry in India. He will provide strategic guidance... 

Emerald View Properties Brings Dubai to Manhattan

Tuesday, November 25th 2008

Emerald View Properties, a real estate marketing, sales, and consulting firm linking U.S. investors to residential and commercial properties in the UAE, announces the launch of their new office in New York City. Already a highly regarded firm out of Washington, D.C., Emerald View is a team of experts in real estate sales, portfolio investment, REIT management, development, property management, and relocation services. After building a loyal American investor following for properties in the UAE, this... 

Most Home Corp. Enters into Letter of Intent With DataVision to Sell Netupdate

Tuesday, November 25th 2008

Most Home Corp. announced it has entered into a non-binding letter of intent with DataVision Inc., of Mishawaka, Indiana, to sell all or substantially all of the operating assets of its wholly owned subsidiary, Netupdate Inc., a developer of leading technologies for mortgage lenders. The parties to the letter of intent expect to enter into a definitive agreement, subject to customary due diligence, on or about January 1, 2009. The sale of Netupdate is expected to be structured as a three year arrangement... 

Camden Property Trust Announces Fourth Quarter 2008 Dividend

Tuesday, November 25th 2008

The Board of Trust Managers of Camden Property Trust declared a fourth quarter dividend of $0.70 per share to holders of record as of December 4, 2008 of its Common Shares of Beneficial Interest. The dividend is to be paid on January 2, 2009. Ric Campo, Camden’s Chairman and Chief Executive Officer, stated that “with all of the uncertainty in the financial markets, many analysts and shareholders have asked questions about possible changes in Camden’s dividend policy. That is why we have chosen... 

YRC Worldwide Announces Plans to Commence Tender Offer for Senior Notes

Tuesday, November 25th 2008

YRC Worldwide Inc. announced further plans to reduce debt and improve earnings by commencing a tender offer to purchase its 5% and 3.375% contingent convertible senior notes due 2023 and its 8.5% senior notes due 2010 for up to $100 million in cash. The company had previously drawn on its senior credit facility to fund the purchases. Based on the set offer prices and assuming sufficient participation, the company expects to purchase at least $230 million principal amount of notes resulting in a total...