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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report: February 1, 1999
CENTENARY INTERNATIONAL CORP.
(formerly, R&R Resources, Inc.)
(Exact name of registrant as specified in its charter)
Nevada 000-23851 86-0874841
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation or organization) Identification No.)
12000 Westheimer, Suite 215
Houston, Texas 77077
(Address of principal executive offices, including zip code)
281-556-1870
(Registrant's telephone number, including area code)
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Item 5. Other Events
On February 1, 1999, Centenary International Corp. (the "Company") acquired
100% of the equity of Platafreight SA, a Uruguay company for a purchase price of
$1,268,000 to be paid on or before June 30, 1999. Platafreight is a freight
forwarding services company. The financial results of Platafreight will be
consolidated on the financial statement of the Company. The terms and
conditions of the acquisition were determined by the parties through arms length
negotiations. However, no appraisal was conducted.
During the calendar year 1998, Platafreight had revenues of approximately
$13,000,000, substantially all of which was from Centenary SA, a subsidiary of
the Company. Also in 1998, Platafreight had net pre tax earnings of
approximately $890,000. These financial results of Platafreight are unaudited
and were compiled in accordance with Argentina accounting standards.
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report on Form 8-K to be signed on its behalf by
the undersigned hereunto duly authorized.
Centenary International Corp.
Date: February 12, 1999 By: /s/ Eduardo Sagarnaga
Eduardo Sagarnaga
its: Director and President
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