MI Developments notice of release of fourth quarter and 2008 results and annual meeting
March 19 2009 - 5:03PM
PR Newswire (US)
AURORA, ON, March 19 /PRNewswire-FirstCall/ -- MI Developments Inc.
("MID") (TSX: MIM.A, MIM.B; NYSE: MIM) will announce its financial
results for the fourth quarter and year ended December 31, 2008 on
Friday, March 27, 2009 before the opening of the market. MID will
hold its annual shareholders' meeting on May 8, 2009 in Toronto.
MID has set a record date of March 31, 2009 for the determination
of shareholders entitled to notice of, and to vote at, the meeting.
About MID MID is a real estate operating company focusing primarily
on the ownership, leasing, management, acquisition and development
of a predominantly industrial rental portfolio for Magna
International Inc. and its subsidiaries in North America and
Europe. MID also acquires land that it intends to develop for
mixed-use and residential projects. MID holds a controlling
interest in Magna Entertainment Corp. ("MEC"), North America's
number one owner and operator of horse racetracks, based on
revenue, and one of the world's leading suppliers, via
simulcasting, of live horse racing content to the growing
intertrack, off-track and account wagering markets. On March 5,
2009, MEC and certain of its subsidiaries filed voluntary petitions
for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S.
Bankruptcy Court for the District of Delaware. DATASOURCE: MI
Developments Inc. CONTACT: about this press release, please contact
Richard Smith, MID's Executive Vice-President and Chief Financial
Officer, at (905) 726-7507
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