Saturday , June 3 2023

Casas GEO shareholders distribute the company; bankruptcy


Extraordinary and Extraordinary General Meeting of Shareholders GEO Corporation to distribute and liquidate this company for the benefit of lenders and shareholders.

Information Mexican Stock Exchange (BMV) The Company's existing funds are insufficient to continue to operate continuously and to fulfill its obligations, taking into account the foregoing.

Just as the Company's inability to create new businesses that allows it to comply with its corporate goals and business plan, withdrawal of cash and / or sufficient resources.

This is primarily for the implementation of a corporate objective consisting of construction, development and commercial use real estate.

Thus, the Assembly has ordered the distribution and dissolution of the Society so that it can be recognized as acceptable to the objectives set out above, with the experience of having such a power of representation in the office of a liquidation organization. "

So he was appointed Daniel Tapia Izquierdo it is eligible or necessary to disassociate the Company as a distributor of the Company having the authority to carry out any actions and actions authorized by applicable law.

The official replaces the members of the Board of Directors, the Audit and Corporate Practice Committee, the secretary, the Director General and other relevant directors in the course of their respective functions, after the appointment of the distributor Public registry of trades.


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