Over 70 firms eye BCL assets

Dixon-Warren says deadline for submission of expression of interests closed yesterday
Dixon-Warren says deadline for submission of expression of interests closed yesterday

SELEBI-PHIKWE: Over 70 companies have shown interest in buying BCL Mine or its assets following the placement of the company under final liquidation in June.

Provisional  liquidator Nigel Dixon-Warren, who can only be confirmed as final liquidator by the creditors at their next meeting, said there has been positive response from interested parties on BCL as evidenced by a lot of enquiries coming in.

“Over 70 companies have expressed interest. We will do background checks on potential buyers when it comes to the due diligence exercise,” he said.

Editor's Comment
A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

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