Cemig, Tim and Weg are among the corporate highlights this Wednesday (18) (Image: REUTERS/Amanda Perobelli)
The payment of interest on the equity of the Cemig (CMIG4) e Tim (TIMS3) and investment of Road (WEGE3) expanding in Brazil and Mexico are some of the corporate highlights of this Wednesday (18).
Check out the corporate highlights
Cemig (CMIG4) will pay R$472 million in interest on equity
A Cemig (CMIG4) approved the payment of R$472.5 million in interest on equityshows a document sent to the market this Tuesday (17).
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According to the document, the value per share will be R$0.16520222078, with 15% income tax withheld at source, with the exception of exempt investors.
Shareholders who wish to take advantage of the value will have until September 23 to purchase shares. From the 24th, the shares will be traded 'ex-JCPs'.
Tim (TIMS3) announces R$300 million in interest on equity (JCP)
A Tim (TIMS3) announced the payment of R$300 million in interest on equity (JCP) to its shareholders. The amount corresponds to the gross value per share of R$ 0.123945910.
According to the document sent to the market on Tuesday (17), payment will take place by October 23, 2024, with a base date of September 23, 2024.
Shares acquired from September 24th will be ex-dividend.
Weg (WEGE3) will invest R$670 million in expansion in Brazil and Mexico
A Road (WEGE3) reported this Wednesday (18) that it will invest approximately R$670 million, over the next five years, in expanding the capacity and verticalization of its business. transformers and electric motors in Mexico and Brazil.
In Mexico, the investments will be earmarked for the construction of a new building for the production of wires in the city of Atotonilco de Tula, in addition to the acquisition and installation of equipment. The objective is to meet the current and projected demand for wires and cables used in the transformer and electric motor business in North America.
The planned investment is approximately R$336 million over the next five years, according to Weg.
Jalles (JALL3) discusses partnership with Chinese company and government of Goiás on input for fertilizers
A Jalles (JALL3), a sugar and ethanol producer, reported this Tuesday (17) that it participated in a meeting last week with representatives of the Xamano Group, a Chinese multinational, and the government of Goiás, in Goiânia.
The Xamano Group is studying possible investments in Goiás for the production of liquid ammonia, using green technology. The objective of the meeting, which was attended by the vice-governor of the State of Goiás, Daniel Vilela, was to understand the state's policies regarding this possible investment.
Jalles was present at the meeting as a possible future consumer of liquid ammonia, which can be used as fertilizer in its agricultural operations.
Braskem (BRKM5), Petrobras and Novonor respond to the progress of the sale of a stake in the petrochemical company
A Braskem (BRKM5) stated that it is not conducting negotiations regarding its shareholdings and that it has no knowledge of the sale of a stake in the company by Novomor (formerly Odebrecht), after questioning by the Securities and Exchange Commission (CVM).
On Sunday (15), columnist Lauro Jardim from O Globo reported that a new attempt to find a solution for the petrochemical company, whose sale has been speculated for two years, was being made.
According to the column, the creditor banks, Bradesco, Itaú, Santander, Banco do Brasil and BNDES, are studying the creation of a fund in which the credits would be converted into shares of the petrochemical company. In this way, the banks, together with Petrobras (PETR4), would come to co-control Braskem, while Novonor would have a stake of less than 5% of the total.
CSN (CSNA3) extends exclusivity period for negotiations to purchase InterCement
A CSN (CSNA3) reported this Wednesday (18) that it has extended until October 16, 2024 the company's exclusivity right to negotiate the purchase of 100% of cement manufacturer InterCement (ICP).
“The exclusivity period will automatically terminate if, at any time between the date of this document and October 16, 2024, the extrajudicial recovery plan executed by InterCement and certain creditors on September 16, 2024 is no longer valid,” the statement said.
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The exclusivity period will be automatically extended until November 16, 2024 if the deadline for InterCement to complete the sale process is extended.
Furthermore, CSN states that it maintains its interest in the potential transaction, but, to date, no binding documents have been agreed between the parties.
Romi (ROMI3) will pay R$22 million in JCP
A Romi (ROMI3) approved the payment of the gross amount of R$22.3 million in interest on equity, equivalent to 0.24 per share, to be paid on November 27, 2024.
Shareholders with a stake in the company up until September 23, 2024 will be entitled to the proceeds, and from the 24th onwards, the shares will be traded “ex-interest”.
“No monetary update will be applied in the period between this date and the payment date”, says the company.
Income tax will be withheld at source from the amount at a rate of 15%, except for shareholders who are demonstrably immune or subject to differentiated taxation, resulting in net JCP of R$0.2040 per share.