MELCOR DEV.

Melcor Developments Ltd. (TSX: MRD) (OTC: MODVF) price target has been lowered to C$18 from C$19 by RBC Capital analyst Tom Callaghan. » Mehr auf benzinga.com

EDMONTON, Alberta, May 17, 2021 (GLOBE NEWSWIRE) -- Melcor Developments LTd. (TSX: MRD) invites shareholders and guests to attend its annual general and special meeting on Thursday, May 20, 2021 at 11:00am MT (1:00pm ET). Shareholders and guests may attend and ask questions at this year's virtual AGM. Shareholders may vote online with their Control Number. If internet access is not available to you, you will be able to listen and ask questions via conference call; however, you will not be able to see the presentation and you will need to vote in advance for your vote to count. Instructions on how to attend via your method of choice are provided below. Please read carefully and ensure that you are choosing one method that best suits your needs. » Mehr auf globenewswire.com

EDMONTON, Alberta, March 17, 2021 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), a real estate development and asset management company with operations across western Canada and in the United States, today reported results for the fourth quarter and year ended December 31, 2020. Revenue increased by 9% to $226.82 million in 2020 compared to $207.97 million in 2019. Funds from operations (FFO) per share was up 35% to $1.55 per share in 2020 compared to $1.15 per share in 2019. FFO adjusts for all non-cash earnings items and management believes it better reflects true operating performance. » Mehr auf globenewswire.com