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Becker Milk Co Ltd T.BEK.B

Alternate Symbol(s):  BCKMF

The Becker Milk Company Limited is a Canada-based company, which is engaged in the ownership and management of retail commercial properties in Ontario, Canada. The Company primarily leases retail stores with a few residential sites. The Company owns and manages approximately 38 commercial properties in various southern Ontario communities. Its properties are single store sites with a few multi-store plazas, including one residential unit above a retail commercial store. The Company has leased to third parties 51 retail units, 36 of which were leased to Mac’s Convenience Stores Inc. operating under their Mac’s Convenience Stores brand (two stores) or their Circle K Stores brand (34 stores). The remaining 15 retail units and one residential unit were leased to other tenants.


TSX:BEK.B - Post by User

Post by DemDem20151202on Jul 17, 2020 12:19pm
226 Views
Post# 31281688

Good new

Good new
This claim for $1,730,000 in damages as a result of an alleged migration of contaminants from the Company's property
in Listowel, Ontario to a neighbouring property has been settled. When it became clear the plaintiff's property was the
source of the contamination, the plaintiff agreed to withdraw the suit and pay a partial contribution to defendants' costs.
Settlement documentation has been completed and the agreed amount of $14,125 received has been recorded as an
offset to administrative expenses.
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