SYN prop e tech S A : Material Fact - Clarification on news published in the media
April 12, 2023 at 05:55 pm EDT
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MATERIAL FACT- SYN PROP & TECH S.A. CNPJ/ME)
08.801.621/0001-86
Company Registry (NIRE) 35.300.341.881
SYN PROP & TECH S.A. ("SYN" or "Company"), a category A publicly held company registered with the Brazilian Securities and Exchange Commission ("CVM"), according to article 157, paragraph 4 of Law No. 6.404/76, as well as CVM Resolution No. 44, in order to clarify some news published in Jornal o Estado de São Paulo, informs its shareholders and the market in general that it has hired a financial advisor to evaluate strategic opportunities related to the Shopping Cidade São Paulo and Grand Plaza Shopping. Such hiring follows the normal course of the Company's business, and there is no specific negotiation or binding offer related to any of its assets.
The Company follows its strategy of always being aware to any business opportunity that add value for its shareholders and investors, and will keep its shareholders and the market in general informed regarding this and any other relevant matter.
São Paulo, April 12, de 2023
HECTOR BRUNO FRANCO DE CARVALHO LEITÃO
Chief Financial and Investors Relation Officer
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Syn Prop Tech SA published this content on 12 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2023 21:54:11 UTC.
SYN prop e tech SA, formerly known as Cyrela Commercial Properties SA Empreendimentos e Participacoes, is a Brazil-based company involved in the real estate sector. The Company focuses on the development, trade and management of commercial properties in Brazil. Its activities are divided into five business segments: Commercial Buildings, which consists of the sale and leasing of completed office properties; Real Estate Development, which is involved in the sale of office units under construction; Warehouses, which offers leasing of industrial warehouses; Shopping malls, which is responsible for the lease of stores in shopping malls; and Services, which provides management of shopping malls and parking lots, as well as development of properties. The Company owns a number of subsidiaries, such as Aquarius Empreendimentos e Participacoes Ltda, Millennium de Investimentos Imobiliarios Ltda and Miconia Empreendimentos Imobiliarios Ltda, among others.