The State Committee of the Republic of Uzbekistan on Privatization, Demonopolization and Development of Competition hereby invites you to participate in the open competitive biddings related to the State-owned Stock Packages present at the Charter Funds of the following Joint-Stock Companies, subject to Sale to the Strategic Foreign Investors in accordance with the Resolution by President of the Republic of Uzbekistan dated April 28, 2015 PP-2340 “On Measures Aimed at Increase of the Share and Significance of the Private Ownership in the Economy”.
| № | Name and
Legal Address of a Company |
Kind of Activity | Characteristics of a Company
(by the results of |
State-owned Stock Package (%) | Quantity of Stocks
(pieces) |
Initial Price for a Stock Package
(US Dollars) |
Initial Price for a single piece of a Stock (US Dollars)* | Sales’ Organizer | |
| 1. | “NAVOIYAZOT” JSC, Industrial zone, Navoiy City – 5, Navoiy Region | Production of mineral fertilizers, nitron fiber, chemical reagents | Net Profit (Loss) of the Company by the end of 2015 constitutes
– 47 204 731 thous. Uzbek Soums (currency rates of CB RU from 15.03.2016, 1$= 2861.68 soums). Number of Personnel: 10 068 |
49,0 | 153 212 850 | 200 901 154,55 | 1,32 | “Toshkent” Republican Stock Exchange JSC | |
| 2. | “QIZILQUMSEMENT” JSC, Navoiy City, Navoiy region | Production of cement and cement items | Net Profit of the Company by the end of 2015 constitutes
10 161 609 thous. Uzbek Soums. Number of Personnel: 3 589 |
35,9 | 160 658 567 | 160 328 000 | 1 | “Toshkent” Republican Stock Exchange JSC | |
| 3. | “INVESTSTROY” JSC,
Builders Avenue, Vladimir City, Russian Federation |
Let on lease of the non-domestic real property | Net Profit of the Company by the end of 2014 constitutes
789 thous. Russian Roubles Number of Personnel: 13
|
60,0 | 7 140 | 2 526 274,8 | 353,82 |
* Price for a single piece of a Stock is inducated in round figures
Sales of the State-owned Stock Packages of “NAVOIYAZOT” JSC and “QIZILQUMSEMENT” JSC will be performed via the Block-Trading Section of “Toshkent” Republican Stock Exchange JSC. Conclusion and registration of an agrrement on Sale-Purchase of t5he “INVESTSTROY” JSC’s Stocks will be performed in accordance with the order stipulated by the Russian Federation Legislation on the Securities.
The Investor’s Applications (Proposals) on purchase of the State-owned Stocks of “NAVOIYAZOT” JSC and “QIZILQUMSEMENT” JSC presented to the State Competition Committee and “Toshkent” Republican Stock Exchange JSC will be subject to consideration, in the established order, by the the State Commission for Conduct of Tender Sales at Sale of the State-owned Property to Foreign Investors. Competitive Bidding Proposals (applications) on purchase of the “INVESTSTROY” JSC’ Stocks will be received by (shall be presented to) the State Competition committee of the Republic of Uzbekistan.
Non-residents of the Republic of Uzbekistan may purchase the State-owned Stocks in way of paying for them in Free Convertible (Hard) Currency (US Dollars).
For purchase of the State-owned Stocks of “NAVOIYAZOT” JSC and “QIZILQUMSEMENT” JSC, a Buyer (a Broker of the Buyer) is obliged, not less than thirty minutes prior to the beginning of the Exchange Sales, to deposit at the Settlement and Clearing Chamber (SCC) of the “Toshkent” Republican Stock Exchange JSC, a pledge in form of the cash means in Free Convertible (Hard) Currency (US Dollars) at size of not less than 15 percent of the Initial Price of the desired State-owned Stocks into following bank account:
Bank Code: 00407, MAIN OPERATIONAL BRANCH OF NBU OF UZBEKISTAN, TASHKENT SWIFT CODE: NBFA UZ 2X, 20208840600598771014 (US Dollars).
In case of deposition of the cash means without indicating a (Buyer’s) Broker, a copy of the Commission Agreement shall be presented to the Seller or the Settlement and Clearing Chamber (SCC) of the “Toshkent” Republican Stock Exchange JSC.
Cash means deposited as a pledge will be taken into account at performance of the Purchase Payments to be done by a Winner of the Competitive Bidding for purchase of the State-owned Stocks.
For participation in a Competitive Bidding for purchase of the State-owned Stocks of “NAVOIYAZOT” JSC and “QIZILQUMSEMENT” JSC, an Applicant or his/her Authorized Representative shall present the Application to the Seller, i.e. State Competition Committee or to the Sales’ Organizer, i.e. “Toshkent” Republican Stock Exchange JSC. For participation in a Competitive Bidding for purchase of the State-owned Stocks of the “INVESTSTROY” JSC, belonging to the Republic of Uzbekistan, an Applicant or his/her Authorized Representative shall present the Application to the Seller, i.e. the State Competition Committee of the Republic of Uzbekistan.
Simultaneously, a Pretender or his / her Authorized Representative, in way of sending by a courier or by the post, shall present to the Seller – State Competition Committee, the Application on participation in a Competitive Bidding in two copies with the attachment of the following documents:
– for Non-State Legal Entities – a copy of the Certificate on the State Registration and the Power of Attorney formalized in the order established by the legislation, for participation in a Competitive Bidding of an Authorized Representative with the attachment of a copy of a document identifying his / her person;
– for Natural Persons – a copy of a passport, at participation in a Competitive Bidding of an Authorized Representative, also the Power of Attorney, formalized in the order established by the legislation with attachment of a copy of a document identifying his / her person;
– a copy of a payment document confirming deposition of the pledge money into the bank account indicated at the Announcement on an Open Competitive Bidding;
– two copies of the Competitive Bidding Proposals, composed in accordance with the Competitive Bidding’s Documentation, placed into the sealed envelopes and which shall include:
– proposed amount of the Purchase Payment and periods of its payment;
– proposed amount of the Investment Obligations, forms, periods and terms of their contribution (fulfillment);
– documents confirming the Financial Sustainability of a Pretender and (or) previously implemented Investment Projects at an according branch (if any).
At purchase of the State-owned Stocks constituting 35 and higher percent of the Charter Fund, a Pretender or its / his / her Authorized Representative shall present in advance or at the moment of opening the envelopes containing its / his / her Proposals, a preliminary consent of the State Competition Committee or a Territorial Body related to purchase the State-owned Stocks of a given Joint-Stock Company in cases established by the legislation.
All pages of the presented documents shall be verified by a seal and signature of a Pretender.
Before a date set for opening of the envelopes, a Pretender is entitled to call back its / his / her Application in way of presenting a written notification. In such a case, the pledge money deposited by a Pretender shall be subject to return in the same, as previously paid, currency, within a period of not later than five banking days since a date of registration of a received notification.
Acceptance of the Applications on participation in the Open Competitive Bidding will be started from March 16, 2016 and will end up three hours prior to each of the dates set for opening of the envelops indicated at the Announcement (Notification).
After the adoption of a decision by the State Tender Commission, the Seller, within a period not exceeding 20 (twenty) days shall conclude with the Winner a Sale-Purchase Agreement within periods indicated at the legal acts.
A Pretender, for the sake of taking a decision on purchase of the State-owned Stocks, is entitled to request and get from the Seller and the Issuer the necessary additional information, excluding the information, which due to its specificity is considered being the official or the commercial secret.
Competitive Biddings will be conducted during the following two monthes with the periodicity of once in each ten days.
Envelopes containing the first copies of the Competitive Bidding Propiosals will be opened on April 15, 2016, on 15:00 p.m. at the room 301 on the third floor of the building of the State Competition Committee of the Republic of Uzbekistan.
If by the abovementioned date, no Applications from Pretenders on purchase of the State-owned Stocks were received, the envelopes with Proposals received as a result of the consequent Competitive Biddings will be opened on April 29, May 16 and May 30, June 13 and 27, 2016, on 15:00 p.m. at the room 301 on the third floor of the building of the State Competition Committee of the Republic of Uzbekistan.
Welcome to the Competitive Biddings!!!
The Seller: the State Competition Committee of the Republic of Uzbekistan;
Address: 55, Uzbekistanskiy Ave., Tashkent City
Phones for information: (99871) 259-21-38, 259-21-14, 259-20-29.
Web-sites: www.gkk.uz, www.gkitorg.uz,
E-mail: privatization@gki.uz
For additional information you may also apply to the following addresses:
“Toshkent” Republican Stock Exchange JSC, 10, Bukhara str., Tashkent City
Phones for information: (998 71) 236-07-40, (998 71) 233-32-31.
Web-sites: www.uzse.uz,
E-mail: info@uzse.uz
“MULK-SARMOYA BROKERLIK UYI” АЖ (Property-Investment Brokers’ House), 10, Bukhara str., Tashkent City
Phones for information: (99871) 232-10-45, 232-10-46.
Web-site: www.ndvakt.uz,
E-mail: xursan@ndvakt.uz
DearEntrepreneurs and Businessmen!
In case of violation of your rights during the process of the Competitive Biddings’ conduct, please urgently contact and inform us through the
“hot-line” of the State Competition Committee of the Republic of Uzbekistan: (0371) 259-21-37.
(Source: The State Committee of the Republic of Uzbekistan on Privatization, Demonopolization and Development of Competition)
