EDMONTON, April 12 /CNW/ - Melcor Developments Ltd., an Alberta based public real estate development company, announced today that its shareholders approved the completion of a ten-for-one stock split. Shareholders of record on May 1, 2006 (the record date), will receive nine additional common shares of the Company for each common share owned on the record date. The transfer agent and registrar will mail to the shareholders the additional share certificates on or about May 8, 2006. It is expected that shares will begin trading on a subdivided basis on April 27, 2006 in accordance with the rules and policies of the Toronto Stock Exchange.