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Becker Milk Co Ltd T.BEK.B

Alternate Symbol(s):  BCKMF

Real Estate Real Estate - General
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

Becker Milk Co Ltd > Last few days
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Comment by Oneinamillionon Aug 10, 2022 10:45pm
171 Views
Post# 34887116

RE:RE:RE:Last few days

RE:RE:RE:Last few daysHi Sage,
From the July 22 YE report:

"Since 2014 the Board of Directors has been evaluating strategic directions for the Company and has engaged in discussions with potential acquirors. While the Company has engaged in some discussions during the last quarter, none of those discussions are active at this time. During this period a programme of divesting less desirable sites has resulted in the sale of 26 investment properties. The Company continues to review its strategic alternatives and will update the market as appropriate, and as required."
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