FORM
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
of Foreign Issuer
Pursuant
to Rule 13a-16 or 15d-16
of
the Securities Exchange Act of 1934
For the
month of September, 2008
Commission
File Number: 1-33659
COSAN
LIMITED
(Translation
of registrant’s name into English)
Av.
Juscelino Kubitschek, 1726 – 6th
floor
São
Paulo, SP 04543-000 Brazil
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F:
|
Form
20-F
|
X
|
Form
40-F
|
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):
|
Yes
|
No
|
X
|
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
|
Yes
|
No
|
X
|
Indicate
by check mark whether by furnishing the information contained in this Form, the
Registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
|
Yes
|
No
|
X
|
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): N/A
COSAN
LIMITED
TABLE OF
CONTENTS
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Item
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||
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1.
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Notice
to the Market dated August 28, 2008 from Cosan S.A. Indústria
e Comércio (“Cosan”), a subsidiary of the registrant, announcing
the constitution of its subsidiary Radar Propriedades Agrícolas S.A.
(“RADAR”), whose corporate purpose is to identify and acquire rural
properties with high appreciation potential for subsequent leasing and/or
sale
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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COSAN
LIMITED
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||||||
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Date:
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September
2, 2008
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By:
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/S/
Paulo Sérgio de Oliveira Diniz
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|||
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Name:
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Paulo
Sérgio de Oliveira Diniz
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|||||
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Title:
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Chief
Financial Officer and Investors Relations Officer
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Item
1
COSAN S.A. INDUSTRIA
E COMÉRCIO
Corporate
Taxpayers’ ID (CNPJ/MF): 50.746.577/0001-15
Company
Registry (NIRE): 35.300.177.045
Publicly-Held
Company
Notice
to the Market
COSAN S.A. INDÚSTRIA
E COMÉRCIO (Bovespa: CSAN3) (“COSAN”), pursuant to CVM Instruction 358, of
January 3, 2002, hereby announces the constitution of its subsidiary Radar
Propriedades Agrícolas S.A. (“RADAR”), whose corporate purpose is to identify
and acquire rural properties with high appreciation potential for subsequent
leasing and/or sale.
Over the last decade
COSAN has developed a technical center specialized in evaluating the
agricultural potential of rural properties through the use of internally
designed tools, including georeferencing and agricultural and weather modeling,
enabling a rapid and precise evaluation of arable land for crops, including
sugarcane.
This excellence
center will be made available to RADAR through a service agreement under market
conditions. COSAN will have preference rights regarding the leasing of sites
owned by RADAR, also under market conditions. RADAR’s management will be
independent, with dedicated and exclusive professionals.
COSAN will retain
approximately 18.9% of RADAR’s capital, with the remaining 81.1% being divided
among other investors. COSAN will initially invest US$35,000,000.00 and the
other investors, US$150,000,000.00. A second investment is expected within the
next two years. According to the shareholders’ agreement executed on this date,
COSAN will retain the majority of votes on RADAR’s Board of Directors, thereby
retaining control of the company. In addition, COSAN has a 10-year option to
subscribe 20% of RADAR’s capital stock for the same amount as the initial
capitalization.
São Paulo, August
28, 2008
Paulo
Diniz
CFO
and Investor Relations Officer
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