SPC offers open stock tender for perfumes & cosmetics maker 'Lola Atir Upa'

22 Apr '06

2 min read

State Property Committee (SPC) of Uzbekistan informs that the State Commission for conducting tenders on the sale of the State Assets to the foreign investors.

Based on the resolution of the President of the Republic of Uzbekistan No. Pp-29 Dated March 14, 2005, hereby announces.

The open tender for privatization sale of the 25 percent share package of joint stock company “Lola Atir Upa”.

45 602 (forty five thousand six hundred two) shares of common stock of the JSC “LOLA ATIR UPA” constituting the aggregate of 25% of the Company's total issued shares being offered for sale. Starting bidding price for the said package of shares is not less than 363 300 (three hundred sixty three thousand three hundred) US Dollars.

At that, the preference will be given to the company ready to offer the highest bid for the 25% of shares of the Company and to take upon itself the investment obligations.

JSC “LOLA ATIR UPA” is situated in Tashkent city of the Republic of Uzbekistan, its main activity is producing perfumes and cosmetics for public use.

Investors interested in participating in the tender shall first submit a properly completed and signed Application for participation and Confidentiality Statement. With the inquiries please contact the address indicated below.

The Tender Documentation package including Information Memorandum, Tender Rules, Bid Form can be obtained upon payment made for it, by presenting to Case-by-CasePrivatization Bureau the completed and signed Application and Confidentiality Statement together with a copy of the document confirming the payment effected.

The Tender Documentation can be purchased till June 01, 2006.

The Bid Submission Deadline is June 15, 2006.

SPC in its activity is accountable to the Cabinet of Ministers of the Republic of Uzbekistan.

State Property Committee of Uzbekistan

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