La Vanguardia 2014

General Information
Company: La Vanguardia
Sector: Forestry
Product: Teak
Location: Provincia del Guayas, Cantón Balzar

Plantation Data
Property surface: 327.50 ha.
Planted surface: 271.68 ha.
Sowing distribution: 51 ha. year 2012, 107.20 ha. year 2013, and 113.48 ha. will be sowed during the winter of 2014

Placement: Secondary Public Offering in process.
Number of shares: 1,900,000 shares
Placement price: US $ 2.10 per share
Profitability: 15% annual*
Profitability perception: At plantation’s cut down.
Estimated cut down age: 20 years after sowing

Entities of Management and Support
Financial and Administrative Management: SIEMBRA (Integrated System of Companies Based in Environmental Resources)
Attorney at Law: Pandzic & Asociados
Accounting and Taxes: Auditing & Taxes
Audit: Deloitte & Touche
Marketing: FreeMarket S.A.
Stock Placement: Albion Casa de Valores S.A
Insurance Company: Seguro Cóndor
Forest Seed: Imported from certifed seed stands in Costa Rica

*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.

Our Plantations


Address: Parque Empresarial Colón Edificio Empresarial 1 floor 1
office Av. Rodrigo Chávez 102-A | Postcode: 090510 | Guayaquil - Ecuador
PBX: (593-4) 2136140