BEVLOCO |
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Company Name | BEVLOCO |
Date of Registration | 10th January 1990 |
Company Objective | a. to invest its assets in securities, such as shares and other certificates of participation and bonds, as well as in other interest-bearing debentures, however denominated and in any and all forms; b. to acquire: i revenues, derived form the alienation or assignment of the right ot use copyrights, patents, designs, secret processes or formulas, trade marks and other analogous property; ii royalties, including rentals, with regards to films or for the use of industrial, commercial or scientific equipment, as well as relating to the exploitation of a mine or quarry or pit or any other natural resources and other real property; iii considerations paid for technical assistance; c. to invest its assets, either directly or indirectly, in real property and rights, to acquire, own, hire, let, rent, lease, divide, drain, develop, improve, build upon, sell, or otherwise alienate, mortgage, or otherwise encumber eal property and to build infrastructural works such as roads, pipelines and similar works on real property; d. to give security bonds and other guarantees, and to transfer ownership whether or not in disuciary ownership or in trust, or mortgage, pledge or otherwise encumber assets, all this as security for the payment of the debts of the corporation and the debts of third parties, whether or not for a consideration; e. the trade in, including the wholesale trade, the distributive trade and the future trade, as well as the import and export of raw materials, minerals, metals, organic materials, semi-finished products and finished products of any kind and by whatever name; f. to lead the Board of Managing Directors of subsidiary companies and other allied ventures or corporations; g. to act as finance company and as intermediary in effecting financing of any and all kinds of transactions. 2. The corporation is not allowed to operate, inside as well as outside Aruba, as a credit institution or credit union as contemplated in the Banking and Credit System Supervision Act. The corporation is not allowed to participate in Aruban economic affaires and transactions, whith the exception of those transactions which are necessary to keep and office in Aruba. 3. The corporation is entitled to do any and all things that may be useful or necessary for the achievement of its objects or that is connected therewith in the widest sense of the word, including the participation in any other venture or corporation, as well as the performance of any other act of a commecial, industrial and finance nature. |
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Financial Secrecy Index [more info] | 68 |