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MAp to return AUD230m from ASUR sale as special dividend

26-Aug-2010 11:05 AM

MAp Group announced the AUD230 million sale proceeds of its 16% stake in Aeroportuario del Sureste (ASUR) will be returned to unitholders through a distribution equivalent to AUD12.5 cents per stapled security (The Australian/Sydney Morning Herald/The Age, 26-Aug-2010). MAp will declare the special distribution within weeks, and make payments shortly afterwards. The company recently sold its stake in ASUR at a USD28 million (AUD32 million) loss on its investment several years ago.