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DIVESTITURE OF STATE-OWNED
ENTERPRISES FOR THE PERIOD 1989 TO 2003 |
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| LIST OF DIVESTED SOEs IN 2002
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ENTERPRISE |
MODE |
NAME
OF INVESTOR |
PURCHASE
PRICE |
AMOUNT
PAID |
BALANCE |
REMARKS |
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| 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
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| 2. |
GNTC Depots & Warehouses, Sunyani |
Sale of Assets |
Gratis Foundation |
¢450,000,000.00 |
¢10,000,000.00 |
¢440,000,000.00
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| 3. |
GNTC Provisions Shop, Kumasi |
Sale of Assets |
Osboat Mart |
¢2,100,000,000.00 |
¢0.00 |
¢2,100,000,000.00
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| 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
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| 4. |
GNTC Guest House, Jasikan |
Sale of Assets |
Jasikan District Assembly |
¢22,000,000.00 |
¢22,000,000.00 |
¢0.00
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| 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 |
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| 7. |
GIHOC Fibre Company Limited |
Sale of Assets |
Tasti Industries Limited |
$4,100,000.00
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$0.00 |
$4,100,000.00
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| 8. |
Pwalugu Tomato Factory |
Sale of Assets |
Binapong Ventures Limited |
$480,000.00 |
$0.00 |
$480,000.00
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| 9. |
GIHOC Footwear Company Limited |
Sale of Assets |
Telfin a.s
Havlickovo |
$1,100,000.00
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$0.00 |
$1,100,000.00
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