CORRECTION OF THE PUBLIC INVITATION FOR PARTICIPATION IN PUBLIC AUCTION
which was announced in the daily "Politika" on 27.04.2009.
According to the authority from Public invitation for participation in the Public auction which was announced in the daily "Politika" on 27.04.2009, in view of which the auction date and deadline for applying can be, if necessary, changed, Privatization Agency informs interested legal entities and individuals about corrections of date, place, time and qualification requirements of the Public auction.
Public invitation for participation in the Public auction, under code 190609-3166p, organized for the purpose of sale of capital of the Preduzeće za ugostiteljstvo, turizam, trgovinu i spoljnu trgovinu "LIPA" А.D. (Joint-stock company for tourism, trade and foreign trade), Novi Pazar has been changed in the part referring to the date, place, time of the public auction and qualification requirements, and now reads as follows:
"Public auction organized for the purpose of sale of capital of the Preduzeće za ugostiteljstvo, turizam, trgovinu i spoljnu trgovinu "LIPA" А.D., Novi Pazar, under code 260609-3166p, will be held on 26.06.2009, at the address: Privatization Agency, Belgrade, Terazije St. 23, 2nd floor, Large hall, at 11:00.
Registration of the auction participants will be held at the same address on 26.06.2009, from 09:00 to 10:50.
Deadline for purchase of the auction documentation is 17.06.2009, by 16:30.
Deadline for submission of applications is 18.06.2009, at 16:30.
In the basic data on auction sale, the part of the Public invitation which reads:
"The right to participate in Public auction have:
А) Domestic or foreign legal entity which cumulatively fulfills the following requirements:
- It is registered for performing the activities from the group of activities 55 – motels and restaurants;
- It achieved during the last business year the income of at least EUR 2 million;
- It owns a hotel, categorized as the three-star hotel.
A legal entity shall be deemed to have fulfilled the conditions required for participation in the Public auction, if it owns more than 50% of capital of a legal entity which cumulatively fulfills the conditions required for participation in the Public auction.
B) Domestic or foreign legal entity which owns more than 50% of capital of a legal entity which cumulatively fulfills the conditions required for legal entities for participation in the Public auction.
C) Consortium – A consortium shall be deemed to fulfill the conditions required by this Public invitation, if a member or members of the consortium which cumulatively fulfill the required conditions, participate in the consortium with at least 51% of the total stake in the consortium"
has been deleted.