This subsidiary’s corporate purpose involves factoring activities, which include buying and selling, assigning, discounting and managing collections for loans originated from the sale of goods or provision of services, which are documented in electronic invoices and traded through technological platforms. This subsidiary is also intended to engage, generally, in any other activity or business agreed by its partners.
GENERAL INFORMATIONThe subsidiary was incorporated by public instrument on August 25, 2016, signed before Santiago notary María Soledad Santos Muñoz. An abstract of this deed of incorporation was recorded in the Santiago Commerce Registry in 2016 on page 65,491, number 35,387 and published in the Official Gazette on September 3, 2016.
EQUITYCh$ 138 million (~US$ 224,481)
SUBSCRIBED AND PAID-IN CAPITALCh$ 106 million (~US$ 172,428)
INTEREST HELD BY PARENT COMPANY77,0015%
INVESTMENT AS A PERCENTAGE OF PARENT COMPANY’S ASSETS0,01%
None.
AGREEMENTS AND CONTRACTS WITH THE ASSOCIATEGiven the date of incorporation of this subsidiary, no contracts have yet been signed with the parent company.