Uzbekistan to sell state share in Uzbek oil company
BAKU, Azerbaijan, Aug. 4
By Ilkin Seyfaddini - Trend:
The State Assets Management Agency of Uzbekistan has put up for sale 100 percent of Neftgazaloka LLC state shares, Trend reports with reference to E-auksion platform.
The authorized capital of the company is 476.7 million soum ($46,436).
The company owns 5.2 hectares of land plots in different regions of Uzbekistan. Depreciation of fixed assets makes 82 percent.
Receivables amount to 4.5 billion soum ($438,354), accounts payable - 976.1 million soum ($95,083). The new owner will be considered the founder of the company with 100 percent share and, accordingly, will accept the asset with these debts.
Net profit of Neftgazaloka LLC is 86.4 million soum ($8,416). Operating assets - 5.8 billion soum ($564,989), book value of fixed assets - 2.7 billion soum ($263,012).
The starting price of the lot is 30.8 billion soum ($3 million). Bids are accepted until September 1, 2020, and the auction itself will be held on September 3, 2020.
The auction will be held be through E-auksion electronic trading platform.
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