Grupo Simec Files Amendment to its Form 20-F for the 2019 Financial Year
Rhea-AI Summary
Grupo Simec, S.A.B. de C.V. (NYSE: SIM) announced the filing of an amended Annual Report on Form 20-F for the year ending December 31, 2019, with the U.S. Securities and Exchange Commission. The amended report is available on the Company's investor relations site. Shareholders can request a hard copy of the report, which includes audited financial statements. Grupo Simec is a diversified manufacturer and distributor of SBQ and structural steel products, with operations in the U.S., Mexico, and Brazil.
Positive
- Filing of amended Form 20-F may enhance transparency for investors.
- Free hard copies of the financial statements available for shareholders.
Negative
- None.
News Market Reaction – SIM
In the trading session that priced this news, SIM gained 5.28%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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GUADALAJARA, Mexico, Jan. 13, 2021 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) (the "Company") yesterday filed an amended Annual Report on Form 20-F for the year ended December 31, 2019 with the U.S. Securities and Exchange Commission at www.sec.gov. The amended Form 20-F is also available on the investor relations section of the Company's website at www.gsimec.com.mx/reporte-anual.php. Shareholders may request a hard copy of the amended Form 20-F, including the Company's complete audited financial statements for the year ended December 31, 2019, free of charge, by contacting the Company's Investor Relations director, Jose Luis Tinajero, by email at jose.luis.tinajero@industriasch.com.mx.
About Grupo Simec
Grupo Simec is a diversified manufacturer, processor and distributor of SBQ steel and structural steel products with production and commercial operations in the United States, Mexico and Brazil. Grupo Simec is also an important producer of structural and light structural steel products in Mexico in terms of sales volume. Grupo Simec's SBQ products are used across a broad range of highly engineered end-user applications, including axles, hubs and crankshafts for automobiles and light trucks, machine tools and off-highway equipment. Its structural steel products are mainly used in the construction.
PRESS RELEASE | Contact: | Luis García Limón |
Mario Moreno Cortez | ||
Grupo Simec, S.A.B. de C.V. | ||
Calzada Lázaro Cárdenas 601 | ||
44440 Guadalajara, Jalisco, Mexico | ||
+52 55 1165 1025 | ||
+52 33 3770 6734 |
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SOURCE Grupo Simec, S.A.B. de C.V.