| Seven parties selected for Pakistan State Oil bidding
KARACHI: Seven bidders have qualified to make offers for a majority stake in Pakistan State Oil, the countrys top oil marketing firm, the government said, the latest step towards a sale that could be worth over $500 million.
The government said all seven had completed the first phase of due diligence, but that it has yet to take a decision on the inclusion of the Attock Group of Companies in the list of bidders.
A court ordered the government last week to let the Pakistani group take part in the bidding for a 51 percent management stake in PSO, which has been tentatively scheduled for May 5.
The Privatisation Commission of Pakistan, the body overseeing the sale of government assets, originally failed to invite the group to take part in due diligence.
Auctions fetch HUDA Rs 740 cr in three months
Gurgaon, March 27: The booming real estate prices have left the Haryana Urban Development Authority (HUDA) richer by around Rs 740 crore since December 2006. The authority has been making huge profits by auctioning various sites monthly. On Monday, a hotel site in Sector-14 went for Rs. 61 crore against the reserve price of Rs 36 crore. The site was auctioned to M.D.L.R. Hotels. Among all the auctioned sites in March this year, the lowest auction went for 45.50 lakh for a single storey booth measuring 22.68 square metre in Sector 21. .
QUALITY ESTATE AUCTION
PLEASE NOTE: WE WILL BE SELLING AN ESTATE COLLECTION OF 50 ANTIQUE BISQUE DOLLS AT NO RESERVE AND OTHER COLLECTIBLE COMPOSITION DOLLS AT 4:00 P.M. AT 5:P.M. WE WILL SELL THE CONTENTS OF AN E. 74THST ESTATE, NJ ESTATE, PART 2 OF STORAGE AUCTION - 600 LOTS OF ART, ANTIQUES, FURNITURE, BRONZE ETC.
Preview: Sat, Sun, Mon 12-5
www.rosehillauctiongallery.com
To view photos of many lots and/or
to bid live online www.ebayliveauctions.com
ESTATE DOLL COLLECTION: 50 antique bisque dolls by Armand Marseille, Schoenau & Hoffmeister, CM Bergmann, Bruno Schmidt, Handwerck, Kestner, Heubach, Alt, Beck & Gottschalck, Gebruder Kuhnienz, Louis Wolf & Co, K*R Simon Halbig, Bahr & Proschild; along with a collection of collectible composition and other dolls, L.G.B trains
FURNITURE: early 19thc American Sheraton bookcase top fallfront desk; 18/19thc country Chippendale high chest, dropleaf table; 18/19thc Queen Anne birdcage tilt top table; late 18thc urn and floral motif overdoor architectural element 43"x17"; 19/20thc French walnut sofa; 18thc Russian French style trumeau mirror; Art Nouveau bamboo mirrored dressing table; pair 19/20thc throne chairs; Kindel Sheraton style 7 piece mahog.
Whopping bottle to star in wine auction
A record-setting $11,000 bottle of wine with a special story behind it will make its third appearance at the annual Midland's Hawke's Bay Charity Wine Auction. Marlene Robins received a standing ovation at last year's auction when she paid the hefty sum for the 12-litre bottle of Esk Valley's red wine, The Terraces, 1991 vintage. Hastings couple Murray and Norma McKearney bought the bottle for more than $2000 at the 1993 auction and kept it in a cupboard under their stairs, planning to make it the centrepiece of a party with their friends and Esk Valley winemakers, But the party never happened. Mrs McKearney died in late 2005 at Cranford Hospice - the charity that benefits from the auction. Mr McKearney then gave the bottle for resale at the 2006 auction, as a way of thanking the hospice for the "outstanding" care she had received there.
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