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Shareholders of Mexican glass giant Vitro approved on Thursday the payment of a dividend of 0.25 peso per share.

With its 1999 goal of sales expansion outside Europe, Saint-Gobain Technical Fabrics set up a fabric cutting unit in Mexico for grinding wheels, in November 2001.

Mexican glass maker Vitro SA said early on Tuesday that it will propose a 0.25 pesos-per-share dividend to investors at its annual shareholders meeting in March.

Vitro, the Mexican conglom-erate, sold its 51 per cent stake in Vitromatic, the white goods company, to Whirlpool of the US yesterday, in a deal valued at about Dollars 280m.

Imagine the frustration of knowing you had a world-class view out of your windows that you couldn't see properly. The property owners of Casa Caribe, Cancun, Mexico faced this problem on a daily basis.