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Siam Renewable Energy Group Announces Dividend to Alcar Chemicals Group Stockholders 10:00a ET March 23, 2007 (Market Wire) Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) releases the news today that Siam Renewable Energy Group Ltd will issue a dividend to ACMG stockholders on record.
The company stated that, pursuant to the finalized acquisition, Siam Renewable Energy Group is now restructuring ACMG into two companies through the incorporation of ARTL, which will be taken public immediately. A dividend will be issued in the form of one per share to stockholders on record as of end of March.
According to the company one share in ARTL will be issued for every share held in ACMG for all registered shareholders verified as of March 30, 2007.
The company affirms that this new structure will enable it to make a serious difference and that it is glad to reward its long-term shareholders.
-------------------- lostone Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002
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I'm really surprised at the pps on this. I thought given the stock divy that this would climb. Maybe towards the end of the week.
Posts: 806 | From: CT | Registered: Dec 2005
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i thinks we should stay positive from here til Friday. Friday is the last day to buy to get the stock dividend.
Posts: 806 | From: CT | Registered: Dec 2005
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No, I am still in. I am looking for at least .10. It is acting too well for me to exit.
Posts: 1220 | From: Denver, CO | Registered: Jun 2005
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