Valle Grande Forestry (VALLEYFOREST) S.A.
GENERAL INFORMATION
| Company: | Valle Grande Forestal (VALLEYFOREST) S.A. |
| Sector: | Forestry |
| Product: | Teak |
| Location: | Guayas Province, Cantón Balzar |
PLANTATION DATA
| Property Area: | 240.60 ha. |
| Sown Area: | 200.50 ha. |
| Sowing Distribution: | 137.30 ha. from 2014 y 63.20 ha. from 2015 |
PLACEMENT
| Placement: | Secondary Public Offering |
| Number of Shares: | 1’700.000 shares |
| Placement Price | US$ 2.60 per share |
| Profitability: | 14% yearly * |
| Profitability perception: | At plantation’s cut down |
| Estimated time until harvest: | 20 years after sowing. |
* Calculation of return is based on the projected growth of wood, on conservative estimates of prices, costs and expenses. The project involves accumulating all the necessary resources for the maintenance until the cutting, from the beginning of the operation. The company does not expect the existence of financial liabilities.
