DCSX has approved the technical listing of 100 shares of Werk Land N.V. (DCSX Symbol: WLNV). The mandated Listing advisor is PYGG Corporate Finance b.v.

Werk Land N.V., (“the Company”) has been incorporated under the laws of Curaçao. The purpose of the company is to incorporate, participate in, co-operate with, and manage other enterprises and corporations. The company may provide collateral for the fulfillment of obligations of debt of the company and of third parties. And may acquire, possess, alienate, manage, exploit, and develop registered property and/or any right to or interest in registered property.

The company forms part of an international group, with its main operating company / principal place of business out of Colombia. Werk Land N.V. focuses its business on the production of bananas on banana farms located in Colombia through the company Servicios Administrativos Bananeros S.A.S. (“SAB SAS”). SAB SAS is a leading company in the administration of banana-producing farms that contributes to environmental sustainability and the economic development of banana farms and the agro-industrial sector of Magdalena and Colombia. Werk Land plans to start operations in the mid and long term in new markets focused on Northern Europe and East Asia, for which the Company is nowadays developing market research. Werk Land plans to grow and consolidate itself in the market as an important investment company in companies whose main activity is management and/or the production of agricultural products, especially fruits and vegetables.

Being technically listed, there are no (new) shares available to investors in the market until further notice.

Further details about the company can be found on our “Markets” page under Equity Symbol WLNV.

Update June 6, 2022: Rebranding Operational Company

The operational company Servicios Administrativos Bananeros S.A.S. (“SAB SAS”) has been rebranded to GRUPO AGROVID S.A.S. Click here for further details.