The State Asset Management Agency has extended the privatization process for the "Khiva Lokomotiv Hotel" and "Farovon Khiva Hotel." This information was reported by the agency's press service.
The corresponding recommendation was made by consultants from RSM. Bidders for the assets requested additional time to analyze the financial and economic activities of the assets to prepare binding offers.
Moreover, efforts will continue to attract additional potential buyers and gather applications expressing interest in the assets. The new deadline for submitting proposals is 23:59 Tashkent time on February 20.
The first stage of privatization lasted two months and concluded on November 29. During this period, RSM received applications from two investors interested in acquiring "Khiva Plaza," as well as from four bidders for the purchase of "Khiva Lokomotiv."
Initially, it was planned that the acceptance of binding offers would last until January 6. Bidders must transfer at least 1% of the proposed value as a guarantee payment through their personal account on E-auksion.
About the assets
- "Khiva Lokomotiv" occupies an area of 0.77 hectares and includes buildings and structures with a total area of 3,500 sq. m. The number of available rooms is 78;
- "Khiva Plaza" occupies an area of 2.72 hectares and includes buildings and structures with an area of 8,700 sq. m. The hotel has 106 rooms, 12 conference halls for 700 people, a banquet hall, four restaurants, a sauna, and a swimming pool.
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