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.

The deadline for offers to be received is expected to be 29 October 2010.

More on this topic

Consolidation of Panama as a Financial Center

July 2013

Banking and financial sectors have raised the need to devise a strategy to turn the country into an international financial center.

Alberto Diamond, Superintendent of Banks in Panama, said that as a society, they should establish a plan which involves the private sector, the public sector and the regulator. "We need to make a road map," he said.

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.

Bancolombia Acquires Interbolsa

November 2012

Interbolsa’s assets, liabilities and contracts have been acquired by Bancolombia in order to ensure the stable operation of the public debt market and Colombia’s payment system.

A statement from the Financial Supervision reads:

FINANCIAL SUPERVISOR AUTHORIZES MEASURES WITHIN THE TAKEOVER PROCESS OF INTERBOLSA SCB

Panama: Extension Requested for Brokerage Consulting Biddding

November 2010

The companies interested in participating asked the Public Utilities Authority to extend the deadline.

The bid is for a $ 1.3 million consultancy contract in the sale of share packages from Empresa de Distribución Eléctrica METRO-OESTE, S.A., Empresa de Distribución Eléctrica ELEKTRA NORESTE, S.A. and Empresa de Distribución Eléctrica CHIRIQUÍ, S.A.

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