Last $3.15 MXN
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As of 4:00 PM 02/27/14 All times are local (Market data is delayed by at least 15 minutes).

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desarrolladora homex sab de (HOMEX*) Details

Desarrolladora Homex, S.A.B. de C.V., a vertically integrated home development company, engages in the development, construction, and sale of affordable entry-level, middle-income, and tourism housing in Mexico, as well as affordable entry-level housing in Brazil. As of December 31, 2011, the company had land reserves under title of approximately 79.3 million square meters. It operates in 35 cities located in 22 Mexican states. The company was founded in 1989 and is based in Culiacán, Mexico.

3,907 Employees
Last Reported Date: 10/30/13
Founded in 1989

desarrolladora homex sab de (HOMEX*) Top Compensated Officers

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desarrolladora homex sab de (HOMEX*) Key Developments

Desarrolladora Homex, SAB de CV Moves Its Common Stock From NYSE To Other OTC

Desarrolladora Homex, SAB de CV moves its common stock from NYSE to other OTC effective May 5, 2014.

Desarrolladora Homex will Change its Name to Desarrolladora Homex, SAB de CV

Effective May 06, 2014, Desarrolladora Homex will change its name to Desarrolladora Homex, SAB de CV.

NYSE To Suspend Trading In Desarrolladora Homex, S.A.B. de C.V. And Commence Delisting Proceedings

The New York Stock Exchange (NYSE) announced that the staff of NYSE Regulation, Inc. (NYSE Regulation) has determined to commence proceedings to delist the American Depositary Shares (Each representing six Common Shares, no par value) (American Depositary Shares) of Desarrolladora Homex, S.A.B. de C.V. from the NYSE. Trading in the Company’s American Depositary Shares will be suspended immediately. NYSE Regulation has determined that the Company is no longer suitable for listing. Pursuant to Listed Company Manual Section (LCM) 802.01D, NYSE Regulation reached this decision because of the Company's April 30, 2014 announcement that it has filed a request for a pre-packaged concurso mercantil proceeding before the federal court in Culiacán, Mexico. NYSE Regulation noted the uncertainty as to the timing and outcome of the proceedings, as well as the ultimate effect of this process on the value of the Company's American Depositary Shares. Furthermore, NYSE Regulation noted that the Company was delinquent in filing its December 31, 2013 Form 20-F pursuant to Section 802.01E of the NYSE’s LCM. NYSE Regulation notes that it may make an appraisal of, and determine on an individual basis, the suitability for continued listing of a listed security in light of all pertinent facts and circumstances whenever it deems such action appropriate. In addition, NYSE Regulation may, at any time, suspend trading in a security and commence delisting proceedings if it believes that continued dealings in or listing of the security on the NYSE are not advisable. The Company has a right to a review of this determination by a Committee of the Board of Directors of NYSE Regulation. The NYSE will apply to the Securities and Exchange Commission to delist the American Depositary Shares upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.


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Company Last Change
Consorcio ARA SAB de CV $6.37 MXN +0.01
Corp GEO SAB de CV $1.66 MXN 0.00
Empresas ICA SAB de CV $18.19 MXN -0.78
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