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Auction Of Bjni Plant Ends, One Bid Received

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  • Auction Of Bjni Plant Ends, One Bid Received

    AUCTION OF BJNI PLANT ENDS, ONE BID RECEIVED

    Noyan Tapan
    Feb 16, 2009

    YEREVAN, FEBRUARY 16, NOYAN TAPAN. The compulsory electronic re-auction
    of the property and property rights of "Bjni" Mineral Water Plant
    company finished on February 16, at 1 pm.

    According to the press service of the National Service for Compulsory
    Enforcement of Court Acts, a bid was filed during 10 days of the
    auction.

    Based on it, the sale price of the lot made 4 billion 441.5 million
    drams.

    Under Article 35.2 Point 6 of the RA Law on Public Bargaining, the
    participant who won at the auction shall transfer the lot's purchase
    price to the deposit account or the cashbox of the Service or pay
    the lot's purchase price (minus the prepayment) within 3 bank days
    after the end of the auction.

    To recap, the prepayment for participation in the auction made 222
    million 68 thousand drams. Under Article 35.1 Point 8 of the indicated
    law, no data on auction participants is subject to publication.

    The reserve price was established at 4 million 441 million 358 thousand
    drams at the re-auction. The auction began on February 5.
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