The trust is a legal device whereby a person called the settlor transfers the property, or a part thereof, to another person named trustee for administration in favor of another beneficiary (third party) the settlor himself (trustees). This legal entity is regulated by Law N º 26702 Law of Financial and Insurance System and the Organic Law of the Superintendency of Banking and Insurance.
EAISAA For Cayaltí (trustor), a company that is dedicated to plant and harvest sugar cane, from 2003, delivered by his representative, the Regional Government of Lambayeque (Chairman), its total assets to the Trust Management COFIDE Cayaltí by SA Development Finance Corporation (Trust), with the aim of enhancing the assets, revive, implement technology, improve the geographic areas and profitable the equity of its shareholders and, restructuring of liabilities, however, has shrunk the assets and liabilities (debt tax, benefits, pensions and other) increases. Also, the term of the trust agreement is 10 years, which have from 25 April 2003 and the amount of the trust estate Constitution is the sum of S /. 180, 850.00 (One hundred and eighty thousand eight hundred and fifty new soles).
The benefit of implementing a trust is among others to protect the heritage of the risks posed the parties involved, such as liens, bankruptcy etc.
EAISAA Cayaltí, is subject to regulations CONASEV and its shares are traded on the stock.
RISK OF TRUST
exchange rate risk, operational risk, market risk which has COFIDE Risk Unit that allows you to continuously assess and manage the risks they are exposed .
HAVE SEVERAL YEARS AFTER LOSS OR GAIN?
EAISAA For Cayaltí (trustor), a company that is dedicated to plant and harvest sugar cane, from 2003, delivered by his representative, the Regional Government of Lambayeque (Chairman), its total assets to the Trust Management COFIDE Cayaltí by SA Development Finance Corporation (Trust), with the aim of enhancing the assets, revive, implement technology, improve the geographic areas and profitable the equity of its shareholders and, restructuring of liabilities, however, has shrunk the assets and liabilities (debt tax, benefits, pensions and other) increases. Also, the term of the trust agreement is 10 years, which have from 25 April 2003 and the amount of the trust estate Constitution is the sum of S /. 180, 850.00 (One hundred and eighty thousand eight hundred and fifty new soles).
The benefit of implementing a trust is among others to protect the heritage of the risks posed the parties involved, such as liens, bankruptcy etc.
EAISAA Cayaltí, is subject to regulations CONASEV and its shares are traded on the stock.
RISK OF TRUST
exchange rate risk, operational risk, market risk which has COFIDE Risk Unit that allows you to continuously assess and manage the risks they are exposed .
HAVE SEVERAL YEARS AFTER LOSS OR GAIN?
0 comments:
Post a Comment