Corrie MacColl Plantations Pte. Ltd. #2681
Created at
2013-06-27
Last update
2021-08-26
Involvements (5)
ID
Name
Tropical Rubber Cote d'Ivoire
Country of registration/origin
Côte d'Ivoire
Classification
Private company
Relationship
Subsidiary company
Ownership share
51.2 %
ID
Name
Hevea Cameroun S.A. (Hevecam)
Country of registration/origin
Cameroon
Classification
Private company
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
90 %
Comment
Previously called GMG
ID
Name
Halcyon Agri
Country of registration/origin
Singapore
Classification
Stock-exchange listed company
Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100 %
ID
Name
DEUTSCHE BANK AG
Country of registration/origin
Germany
Classification
Investment fund
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
25 000 000
Loan date
2020-06
Comment
In June 2020, Corrie MacColl received the $25 million loan with the option to increase the credit facility to $50 million. Now Deutsche Bank plans to disburse the second tranche of the million-dollar loan in mid-2021. (https://fairfinanceguide.org/ff-international/news/2021/deutsche-bank-greenwashing-over-natural-rubber-plantations-in-cameroon/)
ID
Name
Sud-Cameroun Hevea S.A.
Country of registration/origin
Cameroon
Classification
Private company
Relationship
Subsidiary company
Investment type
Shares/Equity
Ownership share
80 %