Announcement
ATTENTION, TRADING!
State Property and Privatization Committee of the Ministry of Finance of the Republic of Kazakhstan announces sale of the republican property object
Two-stage competition will be held on 14th December 2018 at 3:00 рm (Astana time).
The following state enterprise in a property complex form is put up for the two-stage competition:
Organization name: Republican state enterprise on the economic management right «Professional paramilitary emergency rescue service» of the Industrial development and industrial safety committee of the Ministry of investment and development of the Republic of Kazakhstan (“Enterprise”).
Location: The Republic of Kazakhstan, Astana city, Saryarka Avenue, 27
Type of activity: Preventive and special works in emergency situations.
Starting price: 5 150 000 000 KZT
Guarantee fee: 72 150 000 KZT
The Guarantee fee is paid to the following requisites of the State Property and Privatization Committee of the Ministry of Finance of the Republic of Kazakhstan: № KZ420705012170034006 in the Republican State Institution "Treasury Committee of the Ministry of Finance of the Republic of Kazakhstan", bank identification code KKMFKZ2A.
Competition conditions:
The Buyer shall:
- maintain the Enterprise’s activity and provided services profile for 5 (five) years;
- maintain the number of employment jobs for at least 5 (five) years;
- make an agreement with the Seller (the State Property and Privatization Committee of the Ministry of Finance of the Republic of Kazakhstan) and the Independent Consultant. Such agreement shall include Buyer's obligation to pay to the Independent Consultant the remuneration interest for the Enterprise sale.
Applications:
Applications for the competition are accepted at the address: Synergy Partners Law Firm LLC, Almaty city, 128 Dostyk Avenue, Apt. 73; tel.: +7 (727) 390-15-10, website: www.synergy-law.com
Participants’ registration for the two-stage competition starts on the date of this notice publication and ends on 13th December 2018 at 3:00 pm (Astana time).
To participate in the two-stage competition, you should preliminarily submit the prescribed application to the Independent Consultant. Such application shall indicate the following:
- for individuals: individual identification number (“IIN”), full name;
- for legal entities: business-identification number (“BIN”), full company name, full company’s head name;
- bank account details in the second-tier bank for the guarantee fee return;
- contact details (postal address, phone number, fax, e-mail); and
- other information and documents that the participant deems necessary to meet all the requirements of the two-stage competition
If the above information changes, the participant shall update the information within one day.
Data Room: For more detailed information about the Enterprise, for reading Enterprise’s corporate, financial and other documents, and for gaining access to the data room, please contact Synergy Partners Law Firm, tel.: +7 (727) 390-15-10, email: nas@synergy-law.com
Two-stage competition order:
The Independent Consultant will form a list of received applications at the competition date, containing proposals of potential buyers (investors).
The Seller and the Independent Consultant will have negotiations with potential buyers (investors) regarding the list of applications. The purpose of such negotiations is to identify at least two potential buyers (investors), who presented the best proposals (the first stage of the competition) during the negotiations.
The Seller and the Independent Consultant will have negotiations within one working day with the first stage winners. The purpose of these negotiations is improvement of previously proposed conditions (the second stage of the competition).
As a result of each stage of negotiations, the seller, the Independent Consultant and all competition participants will sign a protocol on the two-stage competition results (the “Protocol”).
Two-stage competition winner is a potential buyer (an investor) who has offered the best conditions during the two-stage competition’s second stage.
The sale and purchase agreement with the winner shall be signed within no more than ten calendar days from the date of Protocol signing.
All commission members will review and compare participants' applications and proposals at the commission meeting. The commission will check the compliance with all competition formalities, and will determine the availability of required information and documents.
Additional information
For the purpose of receiving the guarantee fee on time, the State Property and Privatization Committee of the Ministry of Finance of the Republic of Kazakhstan recommends to pay the guarantee fee in advance, before submitting the application.
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