The Savings Deposit Insurance Fund (TMSF) has put the Pet Gaz LPG Storage Facilities Commercial and Economic Integrity, for which it was appointed as trustee in June, up for sale.
According to the announcement published in the Official Gazette, the scope of the sale includes the LPG storage facilities under Pet Gaz AŞ, Dörtyol Petgaz Terminal AŞ, and Karadeniz LPG Depolama ve Deniz Terminali Ticaret AŞ. The tender will be conducted using both sealed-bid and open-auction methods.
The estimated value for the commercial and economic integrity has been set at 3 billion 210 million liras. Those wishing to participate in the tender must deposit a guarantee of 321 million liras and submit their bids by 16:00 on Tuesday, December 8.
The tender will be held on Wednesday, December 9, at 11:00 at the TMSF building in Esentepe, Istanbul. The participation guarantee can be covered by cash, a letter of guarantee, government bonds, Treasury bills, or bonds with Treasury guarantees.
If the guarantee is covered by government bonds, Treasury bills, or bonds with Treasury guarantees, a bank document showing that securities amounting to 40 percent more than the current value of the guarantee have been blocked on behalf of the TMSF will be required.
News Source: 12punto
