PRT Growing Services Ltd. responds to market activity
Sep 13, 2012. PRT Growing Services Ltd. advises that it is not aware of any undisclosed material changes that would give rise to unusual trading activity. As part of its ongoing fiduciary obligations and in light of the Company's conversion to a corporation and its business recovery over the past 18 months, the Board of Directors of the Company has been considering its strategic alternatives including, but not limited to, instituting a dividend policy, reviewing its growth strategy and/or a potential sale of the Company.
Sep 13, 2012. /Lesprom Network/. PRT Growing Services Ltd. advises that it is not aware of any undisclosed material changes that would give rise to unusual trading activity, as the company said in the press release received by Lesprom Network.
As part of its ongoing fiduciary obligations and in light of the Company's conversion to a corporation and its business recovery over the past 18 months, the Board of Directors of the Company has been considering its strategic alternatives including, but not limited to, instituting a dividend policy, reviewing its growth strategy and/or a potential sale of the Company.
Although various alternatives are being considered and various potential buyers have been identified, no definitive decision has been made and there can be no assurance that a transaction will occur.
PRT Growing Services Ltd. is a seedling propagator and the largest producer of container grown forest seedlings in North America, currently operating 13 nursery locations expected to produce over 170 million seedlings in 2011.