DIVESTITURE OF STATE-OWNED ENTERPRISES FOR THE PERIOD 1989 TO 2003
LIST OF DIVESTED SOEs IN 2003
ENTERPRISE MODE NAME OF INVESTOR PURCHASE PRICE AMOUNT PAID BALANCE REMARKS
1. GNTC Res.Unit:- No.158, BLK."B" Buokrom, (SHC 2), K'si Sale of Assets George Tetteh Adamah ¢92,000,000.00 ¢64,400,000.00 ¢27,600,000.00
2. GNTC Res.Unit: #.17, Ellis Avenue, K'si Sale of Assets Imperial Broad'ting Co. Ltd. (Kap. Radio) ¢1,800,000,000.00 ¢0.00 ¢1,800,000,000.00
3. GNTC Res.Unit: #.7, South-East Ridge, Accra Sale of Assets Ministry of Youth & Sports ¢1,600,000,000.00 ¢0.00 ¢1,600,000,000.00
4 GNTC Res.Unit: #.5A, South-East Ridge, Accra Sale of Assets Ghana Road Safety Campaign Commission ¢1,600,000,000.00 ¢160,000,000.00 ¢1,440,000,000.00
5. GNTC Res.Unit: #.6, South-East Ridge, Accra Sale of Assets Ministry of Private Sector Development ¢1,800,000,000.00 ¢0.00 ¢1,800,000,000.00
6. GNTC Res.Unit: No. 12, Vittin Estate, Tamale Sale of Assets George K. Banful ¢60,000,000.00 ¢6,000,000.00 ¢54,000,000.00
7. GNTC Res.Unit: No. 29, Kalpohin Estate, Tamale Sale of Assets Owusu Frimpong ¢61,000,000.00 ¢6,000,000.00 ¢55,000,000.00
8. GNTC Res.Unit: No.43, South-East Ridge, Accra Sale of Assets MOTI & PSI on Palm Oil ¢2,000,000,000.00 ¢0.00 ¢2,000,000,000.00
9. GNTC Res.Unit: No.8, South-East Ridge, Accra Sale of Assets Ghana Tourist Board ¢1,783,000,000.00 ¢0.00 ¢1,783,000,000.00
10. GNTC Res.Unit: #.14, South-East Ridge, Accra Sale of Assets VRA Resettlement Trust Fund ¢2,560,000,000.00 ¢1,792,000,000.00 ¢768,000,000.00
11 GNTC Res.Unit: #.5, South-East Ridge, Accra Sale of Assets Ghana Bar Association ¢1,760,000,000.00 ¢1,232,000,000.00 ¢528,000,000.00
12 GNTC Res.Unit, Flat #.17/4, Rm.7 SSNIT Flat, Dansoman Sale of Assets Mercy Koomson ¢26,000,000.00 ¢18,200,000.00 ¢7,800,000.00
13 GNTC Res.Unit, Blk. #.1, Ist Foor, Rm.7, SSNIT Flat, Dansoman Sale of Assets Patricia Elsie Aikins ¢26,000,000.00 ¢18,200,000.00 ¢7,800,000.00
14 GNTC Res.Unit: #.3, North-Kaneshie, Accra Sale of Assets Margaret Kofi-Bediako ¢180,000,000.00 ¢0.00 ¢180,000,000.00
15 GNTC Res.Unit: #.8, North-Kaneshie, Accra Sale of Assets Bobson Mawusi Godonu ¢210,000,000.00 ¢101,000,000.00 ¢109,000,000.00
16 GNTC Res.Unit: #.146, North-Kaneshie, Accra Sale of Assets Kafui K. Asuo ¢304,000,000.00 ¢212,800,000.00 ¢91,200,000.00
17 GNTC Res.Unit Hse.# 18 Chapel Hill, Takoradi Sale of Assets Kofi Acquah Amponsah ¢520,000,000.00 ¢520,000,000.00 ¢0.00
18 GNTC Res.Unit Hse.# 25 Chapel Hill, Takoradi Sale of Assets Moses A. Adjei & 3 Others ¢220,000,000.00 ¢121,000,000.00 ¢99,000,000.00
19 GNTC Res.Unit Hse.# Sale of Assets Minkah Premo & Co. ¢500,000,000.00 ¢500,000,000.00 ¢0.00
19 GNTC Res.Unit: #.19, Airport Residential Area, T'di Sale of Assets Crystal Ads $27,000.00 $1,379.31 $25,620.69
20 GNTC Res.Unit: #.4, Whin River, T'di Sale of Assets Coastline T.V. $60,000.00 $4,500.00 $55,500.00
21 GNTC Res.Unit: No.45, South-East Ridge, Accra Sale of Assets Asanteman Council $260,000.00 $0.00 $260,000.00
22 Coca Cola Bottling Co. , Ghana Ltd. Sale of Shares Equitorial Coca-Cola Bottling Co. SL $11,000,000.00 $11,000,000.00 $0.00 Sale of GoG shares of 32.28%
23 Barclays Bank, Ghana Ltd. Sale of Shares Barclays Bank Plc $11,000,000.00 $11,000,000.00 $0.00 Sale of GoG's equity of 10%
24 Tema Steel Co. Lta. Sale of Shares Kijat Holdings Company $2,200,000.00 $2,200,000.00 $0.00 Sale of GoG shares of 40%
25 Scanstile Mim Limited Sale of Shares Existing Shareholder $1,100,000.00 $1,100,000.00 $0.00 Sale of GoG's equity of 40%