[ad_1]
ECONOMYNEXT – 5 Indian corporations are amongst six bidders prequalified for the Request for Proposal (RFP) stage, the State-Owned Enterprises Restructuring Unit (SOERU) stated on Wednesday.
The SOERU known as for expressions of curiosity in October final 12 months from traders to divest Canwill Holdings, which owns virtually a accomplished constructing for a lodge within the capital Colombo.
The SOERU in an announcement stated the EOI acquired had been evaluated in accordance with the phrases and circumstances set out within the Request for Expressions of Curiosity in compliance with the Particular Tips on Divestiture of State-Owned Enterprises authorised by the Cupboard of Ministers in July 2023.
After analysis, the Cupboard Appointed Particular Mission Committee (SPC) and the Particular Cupboard Appointed Negotiating Committee (SpCANC) have prequalified six bidders, it stated.
The six bidders are:
1. RKG Fund 1-Scheme of RKG Belief (India)
2. Gland Celsus Bio Chemical compounds Non-public Restricted (India)
3. DB Realty Restricted (India)
4. Jindal Movies India Restricted (India)
5. Vibrant Star Funding Restricted (India)
6. Consulting Engineers and Contractors (Pvt) (Ltd) and Okay.D.A. Weerasinghe & Co. (Pvt) Ltd (Sri Lanka)
The 47-story constructing, constructed by Sinolanka Lodges & Spa Pvt Ltd, has 458 rooms and 100 serviced residences, constructed to specs of Hyatt accommodations with which the agency entered into an settlement in 2012, the discover stated.
Canwill Holdings additionally owns Helanco Lodges & Spa Pvt Ltd, which has leased 9.42 acres of beachfront land in Hambantota.
Deloitte is the transaction advisor. (Colombo/Feb 07/2024)
Proceed Studying
[ad_2]
Source link
