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Islamabad, May 02, 2002
Privatisation Commission has given final call to reputable parties desirous of acquiring the property of M/s Republic Motors Limited Karachi, on 'as is where is' basis to submit their Expression of Interest (EOI). Those who have already submitted EOIs in response to earlier invitation by PC need not to apply afresh. The property known as Al-Haroon Chambers is located on plot No. 10, Garden Road, Karachi. It is a commercial corner plot, located in the prime area of the city, measuring 4,408 square yards. The building has shops, show rooms at ground floor and offices, clinics and hospital etc; on the various upper floors.
The interested parties have been asked to furnish their EOI latest by May 15, 2002. More detailed information of the assets/ property is available from the PC offices from May 02, 2002, free of cost. Those expressing interest are being provided detailed bid
documents.
As per bidding schedule a pre-bid Conference will be tentatively held on May 28, 2002 at 1100 hrs at PC offices, Islamabad to facilitate a better understanding of the bidding process and to respond to the queries of the prospective bidders regarding the sale of the property. The last date for submission of application form and the earnest money is May 10, 2002. the Bidding shall be held in a manner stated in the 'instructions to the bidders' at Islamabad on June 01, 2002 at 1100 hrs.