In an exciting event, Valle Lindo Real Estate Fund, part of Grupo OTI holding, celebrated its entry into the Latin American stock market. The official ceremony was held in Latin American Stock Exchange (Latinex) and marked the beginning of a new chapter in the growth of the business group.
“Excellence is a fundamental obligation OTI groupwhich allows us to be here and witness this commitment spread by entering Valle Lindo Real Estate Fund on the stock exchange,” said the engineer Jorge Álvarez, CEO of Grupo OTIduring his speech with the official bell in Latinex.
He Valle Lindo Real Estate Fund is an umbrella, closed, self-managed real estate investment company that strives to achieve long-term capital gains for investors.
An event “Bells are ringing in Latinex” The aim was to welcome Valle Lindo as a new issuer on the securities market. Manuel Batista, Vice President of Finance and Strategic Innovation Latinexexpressed the honor that the Fund is present on the Panamanian capital market and that it recently issued 1 million participation shares, with placement in three series at USD 100 per share.
Furthermore, Lic. BatisteHe highlighted the outstanding team that followed the Valle Lindo Real Estate Fund in the issue: the law firm Morgan & Morgan, the structurers Insignia Financial Group and the company BDO as auditors. A very reputable team that conveys the message of solidity and credibility that is key to broadcasting.
The event took place in the offices of the headquarters Latin American Securities Central with attendance founder of Grupo OTI, engineer Enrique Álvarez Gil, its CEO, engineer Jorge Álvarez, as well as engineer Enrique Javier Álvarez, member of the board of directors; accompanied by the entire management team of the various business units of the Group: ALIA, Casa Propia and OTI Proyectos. On behalf of Latinex, Dr. Olga Cantillo, Executive President, Manuel Batista, Vice President of Finance and Strategic Innovation, and Senior Commercial Vice President, Lerzy Batista, among other special guests.
“Inclusion Lindo Valley on the Panama Stock Exchange is proof of confidence in the Panamanian market and its future. This reflects the strength of the country’s economy and its ability to attract significant investors. The OTI Group continues to look to the future, develop projects and provide opportunities for workers and investors,” said engineer Jorge Álvarez.
This exciting milestone marks another important step on the road to OTI Panama Group and Valle Lindo Real Estate Fund in its commitment to excellence in the Latin American financial markets.
Source: Panama America
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
On the same day of the terrorist attack on the Krokus City Hall in Moscow,…
class="sc-cffd1e67-0 iQNQmc">1/4Residents of Tenerife have had enough of noisy and dirty tourists.It's too loud, the…
class="sc-cffd1e67-0 iQNQmc">1/7Packing his things in Munich in the summer: Thomas Tuchel.After just over a year,…
At least seven people have been killed and 57 injured in severe earthquakes in the…
The American space agency NASA would establish a uniform lunar time on behalf of the…
class="sc-cffd1e67-0 iQNQmc">1/8Bode Obwegeser was surprised by the earthquake while he was sleeping. “It was a…