The
Republic of Croatia
The
Croatian Privatization Fund
Invitation
to purchase shares in the joint-stock company
"HOTELI
CAVTAT" Cavtat
(Cavtat
Hotels)
Hotel
and Tourism Industry
Shares
are held in the portfolio of the Croatian
Privatization Fund ("CPF") and the
Croatian Pension Insurance Institute
Number
of Shares for sale:
438.862
(equivalent to 71,45% of all issued ordinary shares in the Company)
Registered Capital of the
Company: 122,836,000.00
Kn
Nominal Value of 1 Share:
200.00 Kn
Initial
Price of the Bid:
47,397,096.00 Kn
Company Registration:
Tt-97/820-3,
Tt-97/2122-3, Tt-97/1987-3, Tt-99/64-4, Tt-99/1021-3, Tt-99/1814-3
with Commercial Court in Split and Tt
00/512-2 with Commercial
Court in Dubrovnik
Number
of Employees: 371
Deadline
for Submission of Bids:
August 27, 2001 by 14.00 Hours
By
the decision of the Government of the Republic of Croatia (Ref. No. - Klasa:
334-07/01-01/13, Ur. broj: 2030120-01-1) the State
Agency for Deposit Insurance and Bank Rehabilitation is authorized to write off
its receivables to tha company Hoteli Cavtat d.d. Cavtat in the amount
equivalent to the principal and accrued interests as on the date of acceptance
of the bid for purchase of Hoteli Cavtat d.d. Cavtat shares from the state
portfolio.
The
State
Agency for Deposit Insurance and Bank Rehabilitation has undertaken to implement
the decision of the Government of the Republic of Croatia at the latest on the
date of selection of the best bidder by the Government of the Republic of
Croatia.
The bidders can receive the bid documentation at the CPF's premises (address: Zagreb, Ivana Lučića 6, telephone +385 (0)1 4596-339) on working days from 09.00 to 12.00 Hours up to 48 hours before expiry of the deadline for bid submission. The bid documentation will be made available after receipt of Euro 1,000.00, to be paid to the CPF at its bank account with Privredna Banka Zagreb No. 71210 - currency - 315811, with reference to the company in question.
Contact
information:
Croatian
Privatization Fund
Ivana
Lucica 6
10000
Zagreb, Croatia
Fax:
+ 385 (0) 1 6115-568
email:
croatia.eoi1@hfp.hr
Privredna
Banka Zagreb account: 71210 - currency - 315811