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<title>Compagnie du Bois Sauvage - Pressemeldinger</title>
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<flastmod date="2008-08-06T16:54:58 CET"/>
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<press_release id="1241444" language="en" type="1">
<published date="2005-08-23T17:35:00 CET"/>
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<headline><![CDATA[Surongo America]]></headline>
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<main><![CDATA[<div align="justify" class="hugin">Surongo America, Inc, a 100% subsidiary of Compagnie du Bois Sauvage, sold on August 18, 2005 one of its two residential properties of 240 apartments in Jacksonville, Florida, USA.</div>
<div align="justify" class="hugin">&nbsp;</div>
<div align="justify" class="hugin">The development of the real estate property started in April 2000 and in which Surongo America invested US$ 5.5 million, has given an annual yield rate of aprox. 24%.</div>
<div align="justify" class="hugin">&nbsp;</div>
<div align="justify" class="hugin">The sale produces US$ 7.9 million in liquidity after taxes and a net profit of around US$ 6.8 million.</div>]]></main>
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