SYN prop e tech S A : Material Fact - Termination of advisory agreement
June 01, 2023 at 05:46 pm EDT
Share
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, as a continuance to the Material Fact disclosed by the Company on April 12, 2023, informs its shareholders and the market in general that it has terminated the financial advisory agreement related to the evaluation of opportunities involving Shopping Cidade São Paulo and Grand Plaza Shopping, since there is currently no intention to sell the assets.
The Company remains monitoring any business opportunities that add value for its shareholders and investors, and reiterates its commitment to keep shareholders and the market in general informed about any relevant matter.
São Paulo, June 1st, 2023
HECTOR BRUNO FRANCO DE CARVALHO LEITÃO
Chief Financial and Investors Relation Officer
Attachments
Original Link
Original Document
Permalink
Disclaimer
Syn Prop Tech SA published this content on 01 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2023 21:45:27 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.
SYN PROP & TECH S.A. 
