PUBLIC INVITATION FOR PARTICIPATION IN PUBLIC BIDDING FOR PURCHASE OF THE IMMOVABLE ASSETS OF HK PK "YUMCO" АD VRANJE, IN RESTRUCTURING CONSISTING OF IMMOVABLES WITHIN THE KNITWEAR PLANT IN VRANJE

01. June 2012.
Pursuant to Article 6 and Article 11е of the Law on Privatization Agency (“Official Gazetteof the RoS”, no. 38/01, 135/04 and 30/10) and Decision of the Managing Board of the HK PK“Yumco“ а.d. in restructuring Vranje, no. 477-1/12 dated April 17, 2012, on sale of immovable assets within Trikotaza (Knitwear) Plant and Dorada i Konac (Finishing and Thread) Plantand in line with the Proxy Agreement concluded on April 19, 2012 at First Basic Court in Belgrade under Crt.2-2069/12 by and between HK PK“Yumco“ а.d. in restructuring as the Principal and Privatization Agency as the Proxy, the Privatization Agency hereby announces:
 
 
PUBLIC INVITATION FOR PARTICIPATION IN PUBLIC BIDDING FOR PURCHASE OF THE
IMMOVABLE ASSETS OF HK PK “YUMCO“АD VRANJE, IN RESTRUCTURING (hereinafter: Yumco“)CONSISTING OF IMMOVABLES WITHIN THE KNITWEAR PLANT IN VRANJE
 
Sales Code:
Р-150612-3420-П
 
1.         Subject of Sale
 
The subject of sale includes immovable assets within the Knitwear Plant, located in the part of the cad. lots 9983/1, 9983/2 and 9983/3, entered into the LI 7096 КО Vranje with total net surface of 7.924,32 m2, according to the valuation performed by an authorized appariser Grant Thornton BC Consulting d.о.о. Belgrade (hereinafter: “Subject of Sale“) including the following:
 
Construction projects:
 
-        Building no. 9 – Industrial facility, entered into the LI 7096, КО Vranje 1, in mixed ownership, where Yumco is entered as the holder.Yumco has a right of possession of land in state ownership with total area of 1.259 m2 on c.l. 9983/1 (land under building – facility);
-        Building no.1 - Industrial facility, entered into the LI 7096, КО Vranje 1, in mixed ownership, where Yumco is entered as the holder.Yumco has a right of possession of land in state ownership with total area of 4.365 m2 on c.l. 9983/2 (land under building – facility)and
-        Building no.1 - Industrial facility, entered into the LI 7096, КО Vranje 1, in mixed ownership, where Yumco is entered as the holder.Yumco has a right of possession of land in state ownership with total area of 1.022 m2 on c.l. 9983/3 (land under building – facility).
 
Entire real estate shall be offered for sale as is, without possibility of subsequent complaints.
 
2.             Public Bidding Documents
 
Sales Documents Fee is RSD150.000,00 (one hundred fifty thousand dinars).If the participant is a foreign legal entity or an individual, the Sales Documents Fee shall be RSD 150.000,00 (onehundredfifty thousand dinars) payable in EUR according to the median official exchange rate of the National Bank of Serbia on the invoicing date.
 
The purchase of the Sales Documents is obligatory as well as signing of the Confidentiality Agreement which is to be performed upon taking the Sales Documents.
 
The Agency hereby invites all interested parties to file a written request for purchasing the Sales Documents for the Subject of Sale at the latest byJune 6, 2012.
 
Sales Documents shall be available from June 1, 2012.
 
A written request for purchase of the Sales Documents is to be submitted by e-mail or fax, to the address stated below and with clear reference:
 
«Request for Purchase of the Sales Documents for Part of Immovable Assets of HK PK“Yumco“ а.d., Vranje, in restructuring – immovables within the Knitwear Plant– sales code
P-150612-3420».
 
Upon receiving the evidence on payment, the sales documents are to be collected at the address:
 
Privatization Agency, Centre for Privatization, Terazije23 (7th floor), 11000 Belgrade from 09:00 to 16:30 in the period betweenJune1, 2012until June 6, 2012.
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YUMCO АД
Equity Fund

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Location:

Врање

Core activity:

Preparation and spinning of textile fibres

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