|
|
DIVESTITURE OF STATE-OWNED
ENTERPRISES FOR THE PERIOD 1989 TO 2003 |
|
| LIST
OF DIVESTED SOEs IN 1996 |
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|
|
|
|
ENTERPRISE |
MODE |
NAME
OF INVESTOR |
PURCHASE
PRICE |
AMOUNT
PAID |
BALANCE |
REMARKS |
|
|
|
|
| 1. |
Prefab Concrete Products
ltd |
Sale of Assets |
Johdesco/Bilfinger &
Berger |
¢700,000,000.00 |
¢700,000,000.00 |
¢0.00 |
|
| 2. |
GIHOC Marble Works Co ltd |
Sale of Assets |
Mabaata Enterprises |
¢500,000,000.00 |
¢500,000,000.00 |
¢0.00 |
|
| 3. |
ATS; RT Briscoe Properties |
Sale of Assets |
SABAT Motors |
¢3,700,000,000.00 |
¢1,900,459,300.00 |
¢1,799,540,700.00 |
To be redivested |
| 4. |
Tamale Catering Rest Hse |
Sale of Assets |
Tohazie Hotel |
¢180,000,000.00 |
¢180,000,000.00 |
¢0.00 |
|
| 5. |
Ghamot
Pty. Plot 59, 5th Inds.Area
|
Sale of Assets |
Rainbow Motor & Eng
ltd |
¢260,000,000.00 |
¢260,000,000.00 |
¢0.00 |
|
| 6 |
GNTC
Metal works |
Sale of Assets |
AEL Engineering ltd |
¢402,000,000.00 |
¢402,000,000.00 |
¢0.00 |
|
| 7. |
Woezor Hotel |
Sale of Assets |
Architect Co-Partners |
¢260,000,000.00 |
¢260,000,000.00 |
¢0.00 |
|
| 8. |
Seed Unit Farm, Ejura Ashanti |
Sale of Assets |
Pens Ranch ltd |
¢2,000,000.00 |
¢2,000,000.00 |
¢0.00 |
|
| 9. |
Akim
Manso & Topease Rubber |
Sale of Assets |
Rubber Estates Gh. Ltd |
¢170,000,000.00 |
¢170,000,000.00 |
¢0.00 |
|
|
Plantation |
|
|
|
|
| 10. |
GHAMOT
Property, Subaru Hse
|
Sale of Assets |
NICO Trading Co. |
¢65,000,000.00 |
¢65,000,000.00 |
¢0.00 |
|
| 11. |
GPC House No. H.7, Patasi
Est. Kumasi |
Sale of Assets |
Nafy Timbers |
¢14,000,000.00 |
¢14,000,000.00 |
¢0.00 |
|
| 12. |
GPC House No. H.8, Patasi
Est. Kumasi |
Sale of Assets |
S. D. Safo |
¢14,000,000.00 |
¢14,000,000.00 |
¢0.00 |
|
| 13. |
GPC House No. H.12, Patasi
Est. Kumasi |
Sale of Assets |
S. K. Owusu |
¢13,000,000.00 |
¢13,000,000.00 |
¢0.00 |
|
| 14. |
GPC House No. H.222, OLA
Est. Cape Coast |
Sale of Assets |
E. K. Assan |
¢18,000,000.00 |
¢3,800,000.00 |
¢14,200,000.00 |
Overdue balance being demanded |
| 15. |
GPC House No. H.221, OLA
Est. Cape Coast |
Sale of Assets |
Charles B. Mensah |
¢7,000,000.00 |
¢7,000,000.00 |
¢0.00 |
|
| 16. |
GPC House No. C25, Kapohli
Est. Tamale |
Sale of Assets |
Is-Hak Al-Hassan |
¢5,365,000.00 |
¢5,365,000.00 |
¢0.00 |
|
| 17. |
GPC House No. C24, Kapohli
Est. Tamale |
Sale of Assets |
Jonah Yamdogo |
¢8,342,575.00 |
¢8,342,575.00 |
¢0.00 |
|
| 19. |
GPC House No. C26, Kapohli
Est. Tamale |
Sale of Assets |
Albert T. Abbey |
¢5,370,000.00 |
¢1,500,000.00 |
¢3,870,000.00 |
Withdrawal notice served |
| 20. |
GPC
House No. E 33, Bolga. Est. |
Sale of Assets |
J. Jormina Musah |
¢5,000,000.00 |
¢5,000,000.00 |
¢0.00 |
|
| 21. |
GPC
House No. E 34, Bolga. Est. |
Sale of Assets |
Mary Anaab |
¢5,000,000.00 |
¢5,000,000.00 |
¢0.00 |
|
| 22. |
GPC House No. 65A &
65B Mawuli Est., Ho |
Sale of Assets |
S. K. Pomeyie |
¢27,485,000.00 |
¢27,485,000.00 |
¢0.00 |
|
| 23. |
GNTC Distribution Centre,
Takoradi |
Sale of Assets |
Ghacem Ltd. |
¢200,000,000.00 |
¢200,000,000.00 |
¢0.00 |
|
| 24 |
GNTC Pharmacy Extension,
Takoradi |
Sale of Assets |
Samcota Limited |
¢47,000,000.00 |
¢47,000,000.00 |
¢0.00 |
|
| 25. |
GNTC Market Circle Complex,
Takoradi |
Sale of Assets |
Far West Enterprise Ltd. |
¢170,000,000.00 |
¢170,000,000.00 |
¢0.00 |
|
|
(excl. Pharmacy & Tech.
Shop) |
|
|
|
| 26. |
GNTC Block No. MD 1/9 Dept.
Store, Ag. Swedru |
Sale of Assets |
Rinacand Co. Limited |
¢20,000,000.00 |
¢20,000,000.00 |
¢0.00 |
|
| 27. |
GNTC Block No. D 21/11
(Bank), Agona Swedru |
Sale of Assets |
Ghana Co-operative Bank
Ltd. |
¢32,000,000.00 |
¢32,000,000.00 |
¢0.00 |
|
| 28. |
GNTC
Block No. D 21/11 (Retail Shop), |
Sale of Assets |
St. Joseph's Clinic |
¢23,000,000.00 |
¢23,000,000.00 |
¢0.00 |
|
|
Agona Swedru |
|
|
|
| 29. |
GNTC Block No. D 21/11
Wholesale, Ag. Swedru |
Sale of Assets |
Gospel Ambassadors Ministry |
¢35,000,000.00 |
¢35,000,000.00 |
¢0.00 |
|
| 30. |
GNTC Block No. D 7/11 (Property
with Basement) |
Sale of Assets |
Agona District Devt. Co.
Ltd. |
¢20,000,000.00 |
¢20,000,000.00 |
¢0.00 |
|
|
Agona Swedru |
|
|
|
| 31. |
GNTC Clinic & Pharmacy,
Okaishie, Accra |
Sale of Assets |
Wigatap Limited |
¢635,000,000.00 |
¢635,000,000.00 |
¢0.00 |
|
| 32. |
GNTC Store, North Labone,
Accra |
Sale of Assets |
Babsi Mall & Coffee
Shop Ltd. |
¢520,000,000.00 |
¢520,000,000.00 |
¢0.00 |
|
| 33. |
GNTC Pharmacy, Adum, Kumasi |
Sale of Assets |
Kanbros Chemical Industries
Ltd. |
¢210,000,000.00 |
¢210,000,000.00 |
¢0.00 |
|
| 34. |
GNTC Office Building, Wa |
Sale of Assets |
Alhaji Dauda & Sons
Ltd. |
¢61,500,000.00 |
¢61,500,000.00 |
¢0.00 |
|
| 35. |
GNTC Departmental Store,
Ho |
Sale of Assets |
Biss Integrated Co. Ltd. |
¢370,000,000.00 |
¢370,000,000.00 |
¢0.00 |
|
| 36. |
GNTC Department Store,
Tarkwa |
Sale of Assets |
Asamangama Enterprise |
¢35,000,000.00 |
¢35,000,000.00 |
¢0.00 |
|
| 37. |
GNTC
Department Store Building, Sekondi |
Sale of Assets |
Rep. Gyanata Enterprise |
¢45,000,000.00 |
¢45,000,000.00 |
¢0.00 |
|
| 38. |
GNTC Property No. MD 1.9
(Office & Garage) |
Sale of Assets |
Donkor & Sons Carpentry
Works |
¢20,000,000.00 |
¢20,000,000.00 |
¢0.00 |
|
|
Agona Swedru |
|
|
|
| 39. |
GNTC Regional Office Block,
Cape Coast |
Sale of Assets |
Willie & Co. |
¢80,000,000.00 |
¢80,000,000.00 |
¢0.00 |
|
| 40. |
GNTC Technical, Cape Coast |
Sale of Assets |
Sonturk Limited |
¢70,000,000.00 |
¢70,000,000.00 |
¢0.00 |
|
| 41. |
GNTC Dept. Store, OLA Cape
Coast |
Sale of Assets |
Boband Limited |
¢72,000,000.00 |
¢72,000,000.00 |
¢0.00 |
|
| 42. |
GNTC Dept. Store, Koforidua |
Sale of Assets |
Lescon Enterprise |
¢28,000,000.00 |
¢28,000,000.00 |
¢0.00 |
|
| 43. |
GNTC Technical, Warehouse
No.1, Koforidua |
Sale of Assets |
Bethel Prayer Ministry |
¢26,500,000.00 |
¢26,500,000.00 |
¢0.00 |
|
|
(excl. Wooden House &
Outhouse) |
|
|
|
| 44. |
GNTC Tech. No.B11/11A Warehouse
No.2 & |
Sale of Assets |
Gospel Light International |
¢23,000,000.00 |
¢23,000,000.00 |
¢0.00 |
|
|
Wooden/Outhouse, Koforidua |
|
|
|
| 45. |
GNTC Hardware Wholesale,
Koforidua |
Sale of Assets |
Living Bread Christian
Centre |
¢31,000,000.00 |
¢31,000,000.00 |
¢0.00 |
|
| 46. |
GNTC Retail Shop &
Warehouse, Tafo |
Sale of Assets |
Pexin
Enterprises Ltd. |
¢35,000,000.00 |
¢35,000,000.00 |
¢0.00 |
|
| 47. |
GNTC Cement House, Accra |
Sale of Assets |
Golden Spoon Flour Ltd. |
¢90,000,000.00 |
¢90,000,000.00 |
¢0.00 |
|
| 48. |
GNTC Supermarket, Dansoman,
Accra |
Sale of Assets |
Caridem Devt. Co. |
¢155,000,000.00 |
¢155,000,000.00 |
¢0.00 |
|
| 49. |
Dorado Garment Factory |
Sale of Assets |
Pharmacare ltd |
¢400,000,000.00 |
¢400,000,000.00 |
¢0.00 |
|
| 50. |
SFC Cold Store, Sefwi Wiawso |
Sale of Assets |
Danny A. Anang |
¢12,100,000.00 |
¢12,100,000.00 |
¢0.00 |
|
| 51. |
SFC Cold Store, Elmina |
Sale of Assets |
Snapper Industries |
¢30,000,000.00 |
¢30,000,000.00 |
¢0.00 |
|
| 52. |
SFC Cold Store, Mumford |
Sale of Assets |
Krentico Limited |
¢15,870,000.00 |
¢15,870,000.00 |
¢0.00 |
|
| 53. |
SFC Cold Store, Denu |
Sale of Assets |
Amazing Love Schools |
¢18,000,000.00 |
¢18,000,000.00 |
¢0.00 |
|
| 54. |
SFC Cold Store, Kpando |
Sale of Assets |
Anthony Somahle |
¢24,000,000.00 |
¢24,000,000.00 |
¢0.00 |
|
| 55. |
SFC Cold Store, Kaneshie |
Sale of Assets |
Orima Enterprise |
¢3,380,000.00 |
¢3,380,000.00 |
¢0.00 |
|
| 56. |
SFC Cold Store, Takoradi
(Far.) |
Sale of Assets |
Sersek Enterprise |
¢3,500,000.00 |
¢3,500,000.00 |
¢0.00 |
|
| 57. |
SFC Cold Store, Tarkwa |
Sale of Assets |
Gokap Establishments Ltd. |
¢1,200,000.00 |
¢1,200,000.00 |
¢0.00 |
|
| 58. |
SFC Cold Store, Dunkwa |
Sale of Assets |
Alemas Business Ent. |
¢3,500,000.00 |
¢3,500,000.00 |
¢0.00 |
|
| 59. |
SFC Cold Store, Bekwai |
Sale of Assets |
Mr Ashitey |
¢9,200,000.00 |
¢5,200,000.00 |
¢4,000,000.00 |
Overdue balance being demanded |
|
|
|
|
| 60. |
SFC Cold Store, Koforidua |
Sale of Assets |
Osei Foundations Holding
Ltd. |
¢130,000,000.00 |
¢52,000,000.00 |
¢78,000,000.00 |
Overdue balance being demanded |
| 61. |
SFC Restaurant, Tema |
Sale of Assets |
Cactus Enterprise Limited |
¢148,100,000.00 |
¢148,100,000.00 |
¢0.00 |
|
| 62. |
SFC Auction, Tema |
Liquidation |
Shorgan Ventures |
¢40,647,510.00 |
¢40,647,510.00 |
¢0.00 |
|
| 63. |
Gradecorp Quarry, Weija |
Sale of Assets |
Kwadwo Asante Cons. |
¢70,000,000.00 |
¢70,000,000.00 |
¢0.00 |
Only movable assest were
sold |
| 64. |
NIC Properties-Head Office |
Sale of Assets |
Dakmak Industries |
¢1,650,000,000.00 |
¢ 971,000,000.00
|
¢679,000,000.00 |
To be deconfiscated |
|
|
|
|
| 65. |
Tema Shipyard & Drydock
Corp. |
Joint Venture |
PSC Tema Shipyard ltd |
$4,290,000.00 |
$3,019,955.00 |
$1,270,045.00 |
Legal action being pursued
by DIC Lawyers |
| 66. |
Ghana Film Industry Corp. |
Joint Venture |
GAMA Film Co. ltd |
$1,400,000.00 |
$1,400,000.00 |
$0.00 |
GOG Retains 30% |
| 67. |
Meridian Hotel |
Sale of Assets |
Octoglow SND BHD |
$250,000.00 |
$250,000.00 |
$0.00 |
|
| 68. |
Tomos Ghana ltd |
Sale of Shares |
Tomos Slovenia |
$30,212.00 |
$30,212.00 |
$0.00 |
|
| 69. |
City
Hotel, Kumasi |
Sale of Assets |
Ghana-Libyan Arab Holding
Co. |
$3,000,000.00 |
$3,000,000.00 |
$0.00 |
Debt-Equity swap |
| 70. |
GIHOC Cannery, Wenchi |
Sale of Assets |
Afrique Link limited |
$350,000.00 |
$118,947.00 |
$231,053.00 |
Legal action in progress |
|
|
|
|
| 71. |
Ghana
Rubber Estates ltd |
Joint Venture |
Siph/Govt of Ghana |
21,000,000.00
F |
21,000,000.00
F |
0.00
F |
GOG
Retains 25% |
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