EDMONTON, Alberta, Nov. 09, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the third quarter and nine months ended September 30, 2021. Company year-to-date revenue was up 13% to $165.03 million compared to 2020. Community Development division revenue increased 30% over the same… [Read More]
Melcor announces retirement of CEO at end of 2021
EDMONTON, Alberta, Aug. 19, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced that Darin Rayburn, President and Chief Executive Officer, will be retiring from the company on December 31, 2021. Tim Melton, Chairman of Melcor’s Board of Directors commented: “On behalf of the… [Read More]
Melcor Developments announces second quarter results, declares quarterly dividend of $0.12 per share
EDMONTON, Alberta, Aug. 05, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2021. Year-to-date revenue was up 49% to $108.82 million compared to the first half of 2020. Strong market demand for new homes… [Read More]
Melcor Announces Annual General Meeting Voting Results
EDMONTON, Alberta, May 20, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced the results of its annual general meeting (AGM), held today. A total of 25,064,984 shares (64 shareholders) were voted in person or by proxy, representing 75.75% of the outstanding shares as… [Read More]
Melcor Developments provides instructions for Annual General and Special Meeting attendees
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… [Read More]
CORRECTION — Melcor Developments announces results for 2020 and increases dividend by 25% to $0.10 per share
EDMONTON, Alberta, March 17, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), is issuing a correction to the 2020 results announced earlier this afternoon under the same headline. In the Return to Shareholders section of our earlier press release, we reported incorrect dates. The correct dates are a payable date of March 31, 2021… [Read More]
Melcor Developments announces results for 2020 and increases dividend by 25% to $0.10 per share
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… [Read More]
Melcor Developments announces third quarter results, declares quarterly dividend of $0.08 per share
EDMONTON, Alberta, Nov. 10, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the third quarter and nine months ended September 30, 2020. Revenue was up 35% to $73.05 million compared to Q3-2019. Year to date revenue was up 12% to $145.87 million… [Read More]
Melcor Developments announces second quarter results, declares quarterly dividend of $0.08 per share
EDMONTON, Alberta, Aug. 11, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2020. Revenue was down 5% to $39.05 million compared to Q2-2019. Year to date revenue was down 4% to $72.82 million… [Read More]
Melcor announces Annual General Meeting voting results
EDMONTON, Alberta, June 25, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced the results of its annual general meeting (AGM), held today. A total of 28,608,127 shares were voted in person or by proxy, representing 86.23% of the outstanding shares as of the… [Read More]
Melcor Developments announces first quarter results, declares quarterly dividend of $0.08 per share
EDMONTON, Alberta, May 20, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended March 31, 2020. Revenue was down 3% to $33.77 million compared to Q1-2019. In spite of an increase in sales of single-family lots, the lack of land… [Read More]
MELCOR Announces Q1 Earnings Date & AGM Details
EDMONTON, Alberta, April 21, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD) (Melcor) announced today that its first quarter earnings results will be available May 20, 2020 after market close. This release date falls outside of the typical period that TSX listed issuers have to release quarterly results (45 days from the end of the… [Read More]