DIVESTITURE OF STATE-OWNED ENTERPRISES FOR THE PERIOD 1989 TO 2003
LIST OF DIVESTED SOEs IN 2002
ENTERPRISE MODE NAME OF INVESTOR PURCHASE PRICE AMOUNT PAID BALANCE REMARKS
1. GNTC Cement Depot, Kumasi Sale of Assets A.J. Fanj Industrial Engineering Ltd. ¢4,000,000,000.00 ¢4,000,000,000.00 ¢0.00
2. GNTC Depots & Warehouses, Sunyani Sale of Assets Gratis Foundation ¢450,000,000.00 ¢10,000,000.00 ¢440,000,000.00
3. GNTC Provisions Shop, Kumasi Sale of Assets Osboat Mart ¢2,100,000,000.00 ¢0.00 ¢2,100,000,000.00
4 GNTC Provision W'hse & Textile Block, Odumase-Krobo Sale of Assets Lizziemina Co. Ltd. ¢510,000,000.00 ¢0.00 ¢510,000,000.00
4. GNTC Guest House, Jasikan Sale of Assets Jasikan District Assembly ¢22,000,000.00 ¢22,000,000.00 ¢0.00
5. Cocoa Processing Company Ltd. Sale of shares Public Offer ¢145,000,000,000.00 ¢145,000,000,000.00 ¢0.00 Proceeds from share flotation
7. GIHOC Fibre Company Limited Sale of Assets Tasti Industries Limited $4,100,000.00 $0.00 $4,100,000.00
8. Pwalugu Tomato Factory Sale of Assets Binapong Ventures Limited $480,000.00 $0.00 $480,000.00
9. GIHOC Footwear Company Limited Sale of Assets Telfin a.s Havlickovo $1,100,000.00 $0.00 $1,100,000.00