Grupo SURA hereby announces that its subsidiary, SURA Asset Management S.A. has set up a new company called Proyectos Empresariales AI Sura, S.A. de C.V based and governed by the laws of the United Mexican States, this for the purpose of carrying out research and development so as to be able to expand the range of investment products offered by the Company in this part of the world.
Both Grupo SURA and SURA Asset Management S.A. shall hold both direct and indirect stakes in this new company, through the subsidiaries, Sura Asset Management México, S.A. de C.V. (99%) and SURA Art Corporation, S.A de C.V. (1%), both domiciled in México.