Panama Invites Tenders for $1.3 Million Stock Exchange Consultation
The contract is for consultancy services to assist in the selling of shareholder packages.
Wednesday, September 1, 2010
The Panamanian Public Services Authority (ASEP) is to contract stock exchange consultancy services to process the sale of the majority stockholding in the electrical distribution companies, METRO-OESTE, S.A., ELEKTRA NORESTE, S.A. and CHIRIQUÍ, S.A.
On April 19 the prequalification process will be held for companies interested in buying 51% of the shares of the electricity distribution companies in Panama.
Panama's public services authority ASEP received 11 bids for advising in the sale of energy companies.
The process seeks to find providers to assist in the sale of stock packages.
The companies interested in participating asked the Public Utilities Authority to extend the deadline.
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