Grupo GICSA Appoints New Investor Relations Officer

MEXICO CITY--(BUSINESS WIRE)-- GRUPO GICSA, S.A.B. De C.V. (“GICSA” or “the Company”) (BMV: GICSA), a leading company in the development, investment, commercialization and operation of shopping malls, corporate offices, industrial warehouses and mixed uses well known for their high quality standards, which transform and create new development spaces, lifestyles and employment in Mexico, announced today the appointment of Rodrigo Assam Bejos as its Investor Relations Officer.

Prior to joining GICSA, Mr. Assam was Private Banking Director at INVEX Grupo Financiero. Previously, Mr. Assam was Financial Risk Analyst at Grupo Financiero Inbursa. Mr. Assam holds a Bachelor degree in Business Administration from Universidad Anáhuac del Norte.

“The current operation and future of GICSA requires the incorporation into our management team of an executive with Rodrigo's profile. We are convinced that his capabilities and proven experience in the financial sector will contribute to the achievement of our organization’s objectives, and strengthen the relationship with our investors,” stated Mr. Diódoro Batalla Palacios, Chief Financial Officer of GICSA.

About the Company

GICSA is a leading company in the development, investment, commercialization and operation of shopping malls, corporate offices and industrial warehouses well known for their high quality standards, which transform and create new development spaces, lifestyles and employment in Mexico, in accordance to its history and executed projects. Founded in 1989 on the basis of an integrated business model, the Company has developed more than 2.7 million m2 of gross leasable area and built iconic projects such as Torres Esmeralda I and II, Arcos Bosques, Torre HSBC and Isla Shopping Cancun. As of June 30, 2015, the Company owned 13 income-generating properties, consisting of seven shopping malls, four mixed use projects (which include four shopping malls, four corporate offices and one hotel), and two corporate office buildings, representing a total Gross Leasable Area (GLA) 617,862 square meters, and a Proportional GLA of 390,292 square meters. Since June 2015, GISCA is listed on the Mexican Stock Exchange under the ticker (BMV: GICSA AB).

Forward-Looking Statements

This press release may contain forward-looking statements, and involve risk and uncertainty. The words “estimates”, “anticipates”, “projects”, “plans”, “believes”, “expects”, “seeks” and similar expressions, are intended to identify forward-looking statements. Grupo GICSA warns readers that declarations and/or estimates mentioned in this document, or stated by Grupo GICSA’s management team, are subject to a number of risks and uncertainties that could be in function of various factors that are out of Grupo GICSA’s control. Future expectations reflect Grupo GICSA’s judgment at the date of this document. Grupo GICSA reserves the right or obligation to update information contained in the report or derived from it. Past or present performance is not an indicator of future performance.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160108005698/en/

in Mexico:
GICSA
Diódoro Batalla - Chief Financial Officer
Rodrigo Assam – Investor Relations Officer
Tel: 5255- 5148-0400 Ext. 4444 / Ext. 4447
[email protected]
[email protected]
or
in New York:
i-advize Corporate Communications, Inc.
Rafael Borja/ Maria Barona
i-advize Corporate Communications
Tel: (212) 406-3693/3691
[email protected]
[email protected]

Source: GICSA

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