tender Financial Services Administration Services Banking administrative services Debt Market Securities market financial market services stock market activity Empresa de Distribución Eléctrica Chiriqui S.A. Empresa de Distribución Eléctrica Elektra Noreste, S.A. Empresa de Distribución Eléctrica Metro Oeste S.A. Insurance, Banking & Finance stock

Panama: Complaints Submitted for Share Consultancy Tender

Three companies have presented their complaints to the regulatory body regarding the tender for a consultancy to the National Authority of Public Services over the sale of shares.

Thursday, May 26, 2011

On 6 April, the National Public Services Authority (ASEP) received eleven bids
for the tender for consultancy services for the sale of share packages in the electricity distribution company METRO-OESTE, S.A., the electricity distribution company ELEKTRA NORESTE, S.A. and the electricity distribution company CHIRIQUÍ, S.A.

The complaints were filed with the Public Procurement Directorate by CGI-Durán & Osorio, Consorcio Pa Consulting Services, S.A./Smartbiz y Consorcio Asesores Panamá-Colombia. " outlines the web portal Nicaragua Hoy

Source: nicaraguahoy.info

Key entities

National Public Services Authority (Panama) CGI-Durán & Osorio Consorcio Pa Consulting Services S.A./Smartbiz Consorcio Asesores Panamá-Colombia

Countries

Panama

Insight

financial market stock market activity Financial Services administrative services services tender Consulting Securities market Banking Debt Market Administration Services

Eleven Companies Bid for Securities Consulting

April 2011

Panama's public services authority ASEP received 11 bids for advising in the sale of energy companies.

The contract comprises advising in the sale of the shares of energy distribution companies Metro-Oeste S.A., Elektra Noroeste S.A. and Chiriquí S.A.

Bidders are mostly foreign and include PA Consulting Smartbiz, Morgan Stanley, BNP Paribas, Deloitte and Indesa.

Panama Tenders Securities Consulting for $ 2 Million

January 2011

The process seeks to find providers to assist in the sale of stock packages.

The tender is for purchase of services to advise the National Authority of Public Services in the process of selling the majority share packages of electricity distribution company Metro-Oeste SA, Empresa de Distribución Eléctrica Chiriquí and Elektra Noreste SA.

Panama Invites Tenders for $1.3 Million Stock Exchange Consultation

September 2010

The contract is for consultancy services to assist in the selling of shareholder packages.

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.

Panama's Environmental Authority To Hire Consultancy

November 2010

The Authority announced a public contest to hire a consultant to optimize the institution´s performance.

The consultancy covers all processes in the institution´s four areas (Department of Assessment and Environmental Management, Office of Environmental Policy Planning, Office of Legal and Operational Planning Unit).

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