MONTREAL--(MARKET WIRE)--Mar 23, 2007 -- Alcar Chemicals Group Inc. (Other OTC:ACMG.PK - News) releases the news today that Siam Renewable Energy Group Ltd will issue a dividend to ACMG stockholders on record.
The company stated that, pursuant to the finalized acquisition, Siam Renewable Energy Group is now restructuring ACMG into two companies through the incorporation of ARTL, which will be taken public immediately. A dividend will be issued in the form of one per share to stockholders on record as of end of March.
According to the company one share in ARTL will be issued for every share held in ACMG for all registered shareholders verified as of March 30, 2007.
The company affirms that this new structure will enable it to make a serious difference and that it is glad to reward its long-term shareholders.
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The above person is not Common shareholder friendly!
CEO Tom Scuzzofava ruined SWVC, do not buy, he is diluting!
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