According to the announcement of the State Assets Management Agency to attract a professional consulting company (hereinafter - the Consultant) for privatization of 100% share in “Humson Sanatoriyasi” LLC (hereinafter - "Recreation Area"), the following is reported.
During the selection process, proposals were received from 5 local and international professional consulting companies and their financial proposals, experience in the relevant field, and approaches to accomplish the relevant tasks were considered.
Accordingly, as a result of the selection process the company “RSM Uzbekistan”, which presented the highest level of projects in the field of activity, the qualifications of the professional team involved in the project and the most acceptable price offer, was attracted as the Consultant for privatization of the Recreation Area.
The Consultant shall perform the following tasks:
- Analysis of the market in the field of recreation zones and areas management, as well as study of the prerequisites for the development of this field in Uzbekistan and in the region;
- conducting a comprehensive (tax, legal, financial and environmental) due diligence analysis of the Recreation Area;
- preparation of recommendations on optimal marketing strategy, marketing materials (teaser, information memorandum, procedural letter, etc.) and distribution of information materials among investors;
- taking all measures aimed at privatization of the Recreation Area, including creation of a virtual data room (VDR), preparation of a draft Sale and Purchase Agreement (with translation into Uzbek and, if necessary, Russian and English), and support of the sale process.
The State Assets Management Agency together with RSM Uzbekistan will take all necessary measures to organize the process in accordance with open, transparent and competitive sales mechanisms, as well as provide information to the public on each stage of the process.
