The Serbian Privatisation Agency stated today that the tender commission in charge of selling 97.04% of the total registered capital of cellulose and paper producer “Milan Stepanovic-Matroz”, which is currently in the process of restructuring, from Sremska Mitrovica, opened the only bid received. The sole bidder is “S & A Capital Limited” from the British Virgin Islands.
Tender documentation for “Milan Stepanovic – Matroz” was purchased by legal person, “S & A Capital Limited” from the British Virgin Islands, and physical person Michael Dichand from Australia.
Financial and legal advisors of the agency will, within 30 days from the opening of the bid make an assessment of the offer submitted, which will be presented at the following session of the tender commission.