DIVESTITURE OF STATE-OWNED ENTERPRISES FOR THE PERIOD 1989 TO 2003
LIST OF DIVESTED SOEs IN 1998
ENTERPRISE MODE NAME OF INVESTOR PURCHASE PRICE AMOUNT PAID BALANCE REMARKS
1. SCC Head Office (Part A) Sale of Assets YADCO Ghana Limited ¢2,700,000,000.00 ¢2,700,000,000.00 ¢0.00
2. SCC Regional Yard, Cape Coast Sale of Assets PAABADU Construction ltd ¢500,000,000.00 ¢500,000,000.00 ¢0.00
3 SFC Cold Store, Axim Sale of Assets AXIM Co-op. Fishermen Service  ¢12,000,000.00 ¢12,000,000.00 ¢0.00
4. SFC Cold Store, Sekondi Sale of Assets NAYAK ltd ¢470,000,000.00 ¢470,000,000.00 ¢0.00
5. Kanda Estate House Sale of Assets SPIRAX Metals ltd ¢70,000,000.00 ¢70,000,000.00 ¢0.00
6. GPC Singer House, Accra Sale of Assets J. M. Ababio ¢1,500,000,000.00 ¢1,500,000,000.00 ¢0.00
7. SCC Head Office (Part B) Sale of Assets YADCO Ghana Limited ¢650,000,000.00 ¢650,000,000.00 ¢0.00
8. GPC Hse no E32 Bolga Est. Sale of Assets HAMAOB Enterprise ¢6,500,000.00 ¢6,500,000.00 ¢0.00
9. GNTC Tech. Plot No 99A, Kumasi Sale of Assets Bamson Company ltd ¢800,000,000.00 ¢800,000,000.00 ¢0.00
10. GNTC District Office/Warehouse, K'dua Sale of Assets Catholic Diocese, Koforidua ¢140,000,000.00 ¢140,000,000.00 ¢0.00
11.  SCC Cantonements Flats Unit A Sale of Assets Central Estate Development ¢1,300,000,000.00 ¢1,300,000,000.00 ¢0.00
12. Medie Horticulture Nursery Joint Venture Nexus Consortium (26%) ¢730,410,000.00 ¢730,410,000.00 ¢0.00
13. GPC Burnt Warehouse/Publishing Sale of Assets FDI Ghana Limited ¢240,000,000.00 ¢240,000,000.00 ¢0.00
Warehouse, Tema
14. Komenda Sugar Factory Liquidation ¢51,052,680.00 ¢51,052,680.00 ¢0.00
15. BARDEC Livestock Project Sale of Assets Jowark Enterprise ¢200,000,000.00 ¢200,000,000.00 ¢0.00
16. SCC Cantonments House Unit B, Plot  4 Sale of Assets Ghana Reinsurance Co. Ltd. ¢300,000,000.00 ¢300,000,000.00 ¢0.00
17. Bast Fibre Development Board Liquidation ¢57,064,105.58 ¢57,064,105.58 ¢0.00
18. COCA COLA (GNTC) Bottling Sale of Shares Equitorial COCA COLA Bottling Co. $1,125,000.00 $1,125,000.00 $0.00
19. GIHOC Bottling Company ltd  (PEPSI) Sale of Assets Beverage Investment Gh. Ltd $3,000,000.00 $3,000,000.00 $0.00
20. Barclays Bank Ghana ltd Sale of Shares Barclays PLC $9,585,000.00 $9,585,000.00 $0.00 Sale of 30% GOG shares
21. Ghana Bauxite company Sale of Shares Existing Shareholders (35%) $1,700,000.00 $1,700,000.00 $0.00