Published
28 September 2023Read
1 min

On July 25 this year, the State Assets Management Agency released an announcement, initiating the Expression of Interest phase in the privatization of the state's share in the authorized capital of “Angren Logistics Center” JSC, and Mosaic Financial to be Consultant for this privatization process.
During the Company's privatization endeavors, extensive marketing initiatives were executed by the Consultant, including the dispatch of investment teasers to prospective investors. Consequently, the Consultant acquired expressions of interest from five investors.
Following a meticulous analysis of the received proposals by the Consultant, each one was deemed in full compliance with the criteria.
Thus, candidates successful in the Expression of Interest phase will be invited to partake in the ensuing Binding Offers (BO) phase of the privatization process, receiving a Process Letter outlining comprehensive details about this stage.
Upon signing a Non-Disclosure Agreement (NDA), candidates will gain access to a Virtual Data Room (VDR) revealing extensive information about the Asset, including historical and predicted financial performance, amongst other data arranged by the Consultant.
The Consultant will be accepting Binding Offers (BO) for the acquisition of the Asset until 18:00 (Tashkent time) on October 17, 2023.
The State Assets Management Agency extends its appreciation to all candidates who demonstrated interest in the privatization process and forwarded proposals, also expressing its optimism for continued mutually beneficial collaboration with those who have successfully advanced.