United Cacao Ltd SEZC (LON:CHOC) Chief Executive Officer Dennis Melka talks to DirectorsTalk about the presidential elections and infrastructure developments in the Peruvian Amazon. The general elections will take place in Peru on 10 April 2016.
United Cacao Limited SEZC (UCL) is an investment holding company. The Company and its subsidiaries are engaged in agricultural operations related to cacao cultivation. CHOC is the first publicly listed pure-play cacao producer globally and the first publicly listed tropical plantation company in Latin America. The Company, through its wholly owned subsidiary, CDPN, holds approximately 3,523 hectares of titled, freehold land near the town of Tamshiyacu. The Company and its subsidiaries are involved in the creation and development of cacao estates, which consists of land purchasing and subsequent costs for clearing and planting. The Company has over 1,150 hectares planted, consisting of 70% with CCN 51 and 30% with aromatic varieties, such as TSH-595, IMC-67 and ICS -1. The Company’s subsidiaries include Cacao Del Peru Norte S.A.C. (CDPN) and Cooperativa de Cacao Peruano S.A.C. (CCP), which operate in the agricultural sector.
