Rogers Sugar Income Fund Declares Distribution to Unitholders.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , BRITISH COLUMBIA--(BUSINESS WIRE)--March 25, 1998--ROGERS SUGAR INCOME(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :RSI (Repetitive Strain Injury) Ailments of the hands, neck, back and eyes due to computer use. The remedy for RSI is frequent breaks which should include stretching or yoga postures. .IR.) Rogers Sugar Income Fund announced today that its Trustees have authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: a distribution of $.24125 per Trust Unit to be paid to unitholders of record on March 31, 1998, payable on, or before April 15, 1998. This distribution includes an additional distribution of $.01 per Trust Unit which is only available to unitholders of Rogers Sugar Income Fund who have or will exchange their Onex Exchangeable Debentures to Rogers Sugar Income Trust Units by the record date of March 31, 1998. The funds to make this distribution are to be paid to the Fund by its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Rogers Sugar Ltd., on, or about March 31, 1998. In addition, based on information provided by the Management of Rogers Sugar Ltd., the Trustees estimate that the next distribution, scheduled for July 15, 1998 of $.23125 per Trust Unit, will be increased by $.01 to $.24125 per Trust Unit. The distribution will be made to all Trust unitholders of record on June 30, 1998. CONTACT: Rogers Sugar Income Fund Dan Lafrance, 514/ 527-8686 |
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