Perutil, S.A. is a private equity corporation, organized and existing under the laws of the Republic of Panama, by Public Deed No. 2689 of November 24, 1959, of the First Notary Public of the Notarial Circuit of Panama, registered at the Public Registry, Mercantile Persons Section, at Volume 378, Page 249, Entry 82.752 since November 27, 1959. The Company has amended its articles of incorporation few times, and such changes are duly recorded at the Public Registry.
The Company has an unlimited existence term, subject to the instances of prior dissolution established in article 30 of its bylaws.
The principal activity of the Company is the purchase and long term holding of stocks issued by other companies engaged in promising economic sectors, in different countries around the world, and the occasional sale of said stock investments. These have been financed by capital contributions of the Company shareholders and internally generated funds. The Company has no external financing sources.
Based on its proven strategy throughout the time the company’s aim is to generate sustainable added value by investing in selected high-quality companies in a suitably diversified manner.