INVITATION TO BID

Bid No.

0002N/2005-2006

Issued By

Privatization and Public Enterprise Supervision Agency

Bid Doc. Price

See detail below

Published Date

December 28, 2005

Opening Date

See detail below

Remarks

Bid Category

Acquire Addis Garment Share Company

Description

 

A prospective investor has submitted expression of interest to acquire Addis Garment Share Company through negotiation.

This notice has been issued to give the opportunity to other who also have the interest and capacity to acquire and develop the Company.

Therefore, perspective investors are invited to submit their applications to the Agency up to January 5, 2006 and their business plan up to January 18, 2006, 5:00 P.M. local time at the following address:

Privatization and Public Enterprise Supervision Agency, Bole Road
5rh Floor, Room No. 516

Applicants shall provide the following information and documents along with their applications.

1.       Applicant’s name;

2.       Applicant’s nationality;

3.       Business currently engaged in;

4.       If the prospective buyer is a legal entity/share company copies of the following documents should be enclosed with the application:

a)      Registration certificate;

b)      Memorandum of Association and Articles of Association;

c)      The last 3 years Financial Statement (Balance Sheet, Profit and loss and cash flow)

5.       Number of shares, if interest is to acquire partially;

6.       Sources of finance for the acquisition.

N.B.

Proposed acquisition price should not be indicated in the application document.

For additional information please contact Room No. 503

   

Bids (Tenders) are obtained from "The Ethiopian Herald" which is published by Ethiopian Press Agency. All rights reserved.

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