Guatemala: Public Auction of Sugar Mill

Banco Industrial (BI) will auction the farms and assets owned by the Chabil Utzaj mill.

Friday, August 6, 2010

The auction will be held on 27 August and a base price will be set at $30.2 million.

The Guatemalan bank BI is the trustee for the mill, which owns 37 farms about 100 miles north of the country's capital, as well as milling machinary at two sites, according to Elperiodico.com.gt.

More on this topic

Rice Mill in Chiriqui Unsold

April 2012

The auction of a rice mill by the Association of Rice Producers of Chiriqui was declared void because of lack of offers to reach the established base price.

The base price for auction through the Agricultural Commodity Exchange was $3.5 million, well above the single offer of $1.4 million by a group of seven millers.

Tenth Cup of Excellence in El Salvador

January 2012

The Agricultural Development Bank (BFA) has opened a line of credit to help participation in the tenth edition of the Cup of Excellence.

The Agricultural Development Bank (BFA) is opening a line of credit for small farmers, a new feature for this year's tenth Cup of Excellence event, announced the Salvadoran Coffee Council (CSC in Spanish).

Honduran Shrimp Farm Auction

December 2011

Official sources have reported that six shrimp farms and a packing plant located in the Department of Choluteca and Valle will be sold through public auction.

The newspaper El Heraldo consulted the president of the board of Ibermar Hondufarms Group, Carlos Borjas, who pointed out that the starting price set for the auction is $8.4 million (160 million lempiras.)

Panama Auctions Properties for $ 12 Million

January 2011

Auctions valued at $ 12.5 million will be made during the first quarter of 2011.

The auctions will be conducted by the Unit of Reverted Property (UABR) of the Ministry of Economy and Finance.

In January, the UABR will auction two low-density residential lots, located in the community of Margarita, in the Atlantic region, for an amount close to $ 122.342.

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