Nobody wants to buy Alfa Telecom CJSC. There are two days left till the end of the auction, but no bids have been received. Auction may be declared invalid again. The director general of the company Azat Bazarkulov told.
It should be noted that the State Property Management Fund is engaged in holding of the auction. It was announced on September 16. Last day for submission of applications is December 16.
The starting price of Alfa Telecom CJSC is 14, 255.25 billion soms. 100 shares of the company belong to the state.
Previous auctions have been also announced invalid due to lack of applications for participation.
Earlier, the government reported that the proceeds from the sale would be spent on reconstruction and construction of roads.
Note, in addition to the traditional requirements in the form of application for participation and the guarantee fee of 10 percent of the starting price (1, 425.25 billion soms), potential buyers have to fulfill additional commitments.
Now they write an application that take up a commitment to respond to all litigation and criminal cases of Alfa Telecom CJSC. Thus, the potential owner of the company completely carries all the risks on all litigations of CJSC.
There are no people wishing to acquire the company under such conditions, as it was expected.