Latest Sciti TR I (SIIYF) Headlines IIROC Trade
Post# of 3
IIROC Trade Resumption - SCITI Trust
Newsfile Corp - Tue May 28, 8:45AM CDT
Trading resumes in:
IIROC Trade Halt - SCITI Trust
Newsfile Corp - Tue May 28, 8:23AM CDT
The following issues have been halted by IIROC:
SCITI Trust Announces Unitholder Approval of Extension
CNW Group - Thu Mar 14, 11:57AM CDT
SCITI Trust (the "Trust") announced today that holders ("Unitholders") of SCITI Trust units ("Units") have approved a proposal to extend the Trust that involves (i) the extension of the originally scheduled redemption date to April 30, 2018, (ii) the creation of a special retraction right on April 29, 2013, (iii) an amendment to the investment objectives and strategies of the Trust to limit the weightings in any one sector to 25% of total assets, and (iv) an amendment to the declaration of trust of the Trust to facilitate future offerings and provide flexibility on borrowings. The extension will become effective provided holders of at least 8,000,000 Units retain their Units and do not exercise the special retraction right referred to below.
SCITI Trust Declares Monthly Distribution
CNW Group - Thu Mar 14, 11:41AM CDT
The Board of Directors of SCITI Limited in its capacity as Trustee for SCITI Trust ("SCITI") has declared a cash distribution of $0.0890 per Trust Unit.
SCITI Trust Announces Extension Proposal
CNW Group - Wed Jan 16, 12:00PM CST
SCITI Trust (the "Fund") announced today that it is calling a meeting of holders of SCITI Trust units ("Unitholders") to consider a proposal to extend the term of the Fund. The extension will involve (i) extending the redemption date permitting Unitholders to hold their investment to April 30, 2018, (ii) the addition of an investment restriction limiting sector weighting of the portfolio to 25% of total assets, and (iii) the creation of a special retraction right to provide Unitholders who do not wish to extend their investment with the option of retracting their units as originally contemplated on April 29, 2013.