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First-ranked bidder for Jugoslovensko Recno Brodarstvo withdraws
Belgrade,
22 January 2008
The Serbian Privatisation Agency stated today that it has received a notification from the first-ranked bidder for 70% of the socially-owned capital of Jugoslovensko Recno Brodarstvo company from Belgrade, which specialises in the transport of goods on the Danube, that it is withdrawing from further negotiations on the sale.
The notification given by the consortium consisting of Daxta - Daxin Petroleum PTE Ltd Singapore and Tamoza Trading Ltd Cyprus does not give a clear explanation of the reasons for the withdrawal. In line with that, the Privatisation Agency will examine this situation and inform the public about its decision in due course.
The deadline for closing the contract of sale with the first-ranked bidder expires on January 29.
The deadline for closing the contract of sale with the first-ranked bidder expires on January 29.
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