According to the announcement of the State Assets Management Agency on attracting a professional consulting company (hereinafter - the Consultant) to organize the privatization of 100% state share in the authorized capital of JSC "National Interbank Processing Center" (HUMO) (hereinafter - the Asset), the following is reported.
During the selection process, 8 proposals were received from local and international professional consulting companies. The proposals received were selected on the basis of foreign experience, realized projects in the field of activity and qualifications of the professional team involved in the project.
Accordingly, as a result of the selection process, Deloitte, which submitted the most acceptable price proposal, was attracted as the privatization consultant.
The consultant will perform the following tasks:
- Analyzing the market of payment system services and prerequisites for the development of the industry in Uzbekistan and in the region;
- Conducting a comprehensive (tax, legal, financial and environmental) due diligence analysis of the Asset;
- 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 Asset, 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 Deloitte 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.
