According to the announcement of the State Assets Management Agency dated March 7 of this year on the sale process of 100% state share in the authorized capital of Chinaz Oil Refinery LLC, the following is reported.
In accordance with the request of potential investors participating in the sale process, in order to give them additional opportunities for the qualification preparation and detailed analysis of the asset, as well as to conduct the sale process in a transparent and competitive environment, the State Assets Management Agency informs that the stage of acceptance Binding Offers (BO) of the privatization process of state share in the authorized capital of Chinaz Oil Refinery LLC was prolonged for the period of 1 month.
As previously reported, Mosaic Financial was attracted as a privatization consultant of the State Assets Management Agency on this asset.
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