|
|
DIVESTITURE OF STATE-OWNED
ENTERPRISES FOR THE PERIOD 1989 TO 2003 |
|
| LIST OF DIVESTED SOEs IN 1989 & 1990 |
| |
|
ENTERPRISE |
MODE |
NAME
OF INVESTOR |
PURCHASE
PRICE |
AMOUNT
PAID |
BALANCE |
REMARKS |
|
|
|
|
| 1. |
Two Worlds Manufacturing |
Sale of Shares |
Existing Shareholders |
¢60,000,000.00 |
¢60,000,000.00 |
¢0.00 |
|
| 2. |
Overseas Knitwear &
Fabrics ltd |
Sale of Shares |
Existing Shareholders |
¢37,500,000.00 |
¢37,500,000.00 |
¢0.00 |
|
| 3. |
DL Steel Limited |
Sale of Shares |
Existing Shareholders |
¢44,000,000.00 |
¢44,000,000.00 |
¢0.00 |
|
| 4. |
Metalico Limited |
Sale of Shares |
Existing Shareholders |
¢23,940,000.00 |
¢23,940,000.00 |
¢0.00 |
|
| 5. |
Famekwa Trading Co. Ltd |
Sale of Shares |
Existing Shareholders |
¢5,000,000.00 |
¢5,000,000.00 |
¢0.00 |
|
| 6. |
Reiss & Co. (Ghana)
Ltd |
Sale of Shares |
Existing Shareholders |
¢22,192,170.00 |
¢22,192,170.00 |
¢0.00 |
|
| 7. |
Leyland DAF Ghana Ltd |
Sale of Shares |
Existing Shareholders |
¢12,000,000.00 |
¢12,000,000.00 |
¢0.00 |
|
| 8. |
Winneba Club House |
Sale of Assets |
Mr Baiden |
¢3,000,000.00 |
¢3,000,000.00 |
¢0.00 |
|
| 9 |
GHASEL Asutuare Factory |
Lease |
FAABLIN Limited |
¢9,000,000.00 |
¢9,000,000.00 |
¢0.00 |
Agreement Terminated |
| 10. |
GEA
& Associates |
Liquidation |
|
¢23,195,004.00 |
¢23,195,004.00 |
¢0.00 |
|
| 11. |
GAVA
Farms |
Liquidation |
|
¢3,244,895.00 |
¢3,244,895.00 |
¢0.00 |
|
| 12. |
Kwahu Dairy Farms |
Liquidation |
|
¢2,666,123.00 |
¢2,666,123.00 |
¢0.00 |
|
| 13. |
NIC Textiles |
Liquidation |
|
¢200,000,000.00 |
¢200,000,000.00 |
¢0.00 |
|
| 14. |
GIHOC Ice & Cold |
Liquidation |
|
¢45,682,765.00 |
¢45,682,765.00 |
¢0.00 |
|
| 15. |
Apremdo Poultry Unit |
Sale of Assets |
S. A. Mensah Enterprise |
¢25,000,000.00 |
¢7,500,000.00 |
¢17,500,000.00 |
Land title issue |
| 16. |
GEA Packaging |
Liquidation |
|
|
|
| 17. |
Victory Industries |
Liquidation |
|
|
|
| 18. |
Saltpond Ceramics Limited |
Liquidation |
|
|
|
| 19 |
Broadway Enterprises Limited |
Liquidation |
|
|
|
| 20. |
NIC Metal Fabrication |
Liquidation |
|
|
|
| 21. |
NIC Weaving |
Liquidation |
|
|
|
| 22. |
NIC Knitting |
Liquidation |
|
|
|
| 23. |
NIC Soap & Detergent |
Liquidation |
|
|
|
| 24. |
Ghamot Enterprises Limited |
Liquidation |
|
|
|
| 25. |
Ghamot Motor Engineering
Limited |
Liquidation |
|
|
|
| 26. |
Ghamot Textiles |
Liquidation |
|
|
|
| 27. |
Wire & Metal Production
Ltd. |
Liquidation |
|
|
|
| 28. |
West Coast Shrimping Ltd. |
Liquidation |
|
|
|
|
| 29. |
GIHOC Farms |
Liquidation |
|
|
|
| 30. |
Golcha Films Ltd. |
Liquidation |
|
|
|
| 31. |
GEA General Chemicals |
Liquidation |
|
|
|
|
|
|
|
|
|
|
| 32. |
Continental Hotel |
Sale of Assets |
Ghana Libyan-Arab holding
Co. ltd |
$3,578,125.00 |
$3,578,125.00 |
$0.00 |
|
| 33. |
Lever Brothers Ghana ltd |
Sale of Shares |
Unilever PLC-70% ; GOG
30% |
£3,000,000.00 |
£3,000,000.00 |
£0.00 |
|
| 34. |
GIHOC Glass Factory |
Lease |
Tropical Glass Factory |
£270,000.00 |
£270,000.00 |
£0.00 |
|
|
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