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Bid Winners

 ANNEX 2B
RESULTS OF THE BIDDING 

Lot No.

Name

Winning Company

Winning TRF ($)

TRF /M3

TRF/HA

Remarks

1

Nueng South Forest Reserve

Koseh Timbers & Ent. Ltd

52,000

86.4

66.7

1st highest bidder

8

Tano Offin No 4 Forest Reserve

J. D. Boffah & Company Ltd.

150,500

65.1

45.4

1st highest bidder

13

Numia Forest Reserve

T. Andrews Enterprise Ltd.

102,000

43.0

39.9

1st highest bidder

15

Abofour OFR

No bid

     

No bids received

16

Asuakwa River OFR

No bid

     

No bids received

17

 Brenase Pragya OFR

Birim Match Factory Ltd.

45,999

10.1

7.7

1st highest bidder

18

Juaben OFR

No bid

     

No bids received

19

Kyebi OFR

No bid

     

No bids received

20

Nyinahin OFR

Anapim Company Ltd.

10,500

2.6

2.9

The only company that put in bid but was below the Floor price. The company revised its bid and matched the floor price.

21

Omanso OFR

         

22

Otaakrom OFR

Fabi Timbers Ltd

12,313

1.0

2.6

The only company that put in bid but was below the Floor price. The company revised its bid and matched the floor price.

23

Tano Krobontire OFR

Buadac Ent.

45,800

12.7

23.4

1st highest bidder

25

Akrodie OFR

Chiraa Forest Mill

56,000

2.0

10.9

1st highest bidder

26

Apaso OFR "A"

Aapex Ltd.

54,000

1.6

17.6

Three companies put in bids. All were below the floor price. One company (Aapex Ltd.) revised his bid and matched the floor

27

Apaso OFR "B"

Declined

     

Four companies put in bids. All were below the floor price. None revised its bid.

28

Apaso OFR 'C'

Jokumaks Ltd.

55,300

1.7

18.6

Three bids were originally put in. None crossed the floor price. One company (Jokumaks Ltd.) revised his bid and matched the floor price.

29

Asufufo OFR

Hanmax Veneer & Plywood

27,372

0.8

4.0

The winner was the 2nd highest. The 1st highest (Buadac Ent.) declined this lot and accepted lot 23 where the company was also the 1st highest.

30

Bitre OFR "A"

No bid

     

No bids received

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31

Bitre OFR "B"

Pogesni Ltd.

10,000

0.4

3.6

The only company that put in bid but was below the Floor price. The company revised its bid and matched the floor price.

32

Bitre OFR "C"

Step by Step Pharmacy Co. Ltd.

41,000

2.0

21.5

The winner was the 2nd highest. The 1st highest (Chiridi Construction Ltd.) declined this lot and accepted lot 33 where the company was also the 1st highest

33

Bitre OFR "D"

Chiridi Construction Ltd.

54,000

2.0

21.8

1st highest bidder

34

Fawohoyeden OFR

Kaa Timber Products Ltd.

70,800

2.2

24.6

Eight companies originally put in bids but all were below the floor price. Four companies revised their bids and matched the floor price. Kaa Timber Products offered the highest revised bid.

36

Kwaninajakrom OFR "A"

Ghartsway Enterprises Ltd.

24,000

1.8

8.4

The only company that put in bid and won.

37

Kwaminajakrom OFR 'B'

No bid

     

No bids received

38

Kwaminajakrom OFR 'C'

No bid

     

No bids received

39

Ayipoma OFR

IAAT Timber Ltd.

610,000

66.7

362.9

1st highest bidder

40

Assin Dansimi OFR

No bid

     

No bids received

41

Kyekyewere OFR

Ayim Poakwa Sawmills

14,800

2.5

6.7

The only company that put in bid but was below the Floor price. The company revised his bid and matched the floor price.

42

Naminaso OFR

Declined

     

The only company (Tawud Product Ltd.) that put in the bid but declined this lot and accepted lot 45 where the company was also the 1st highest.

43

Nuenua OFR

No bid

     

No bids received

44

Pokukrom OFR

Dome Hardwood Processing Co.

19,335

2.2

4.5

The only company that put in bid but was below the Floor price. The company revised its bid and matched the floor price.

45

Abomoso OFR

Tawud Product Ltd.

25,000

2.9

3.2

Two companies (Tawud Product Ltd. and Timber-Tech Industries & Wood Processing Co. Ltd.) put in bids and their bids were the same US$ 25,000. The later declined this lot because he had won another lot (53) which he had accepted. Hence lot 45 went to Tawud Product Ltd.

46

Asunafo OFR

No bids

     

No bids received

47

Asuom OFR

 

Declined

   

The only company (Timber-Tech Industries & Wood Processing Co. Ltd.) that put in bid but declined the offer

48

Otumi OFR

No bids

     

No bids received

             

49

Otwereso OFR

Birim Wood Complex Ltd.

83,500

2.6

10.6

1st highest bidder

50

Fureso-Prestea OFR

G. O. Yankson

75,000

9.8

18.2

The only company that put in bid and won.

53

Tumfa OFR

Timber-Tech Industries & Wood Processing Co. Ltd

15,000

5.3

3.6

The only company that put in bid and won

56

Kyempo OFR

No bid

     

No bids received

57

Hwidiem OFR

No bid

     

No bids received

58

Ohianpenika OFR

No bid

     

No bids received

60

Mim OFR

Fokuo Adjei Timbers

86,000

2.6

10.8

Two companies (Fokuo Adjei Timbers and Faport Wood Works Ltd) originally put in bids but all were below the floor price. Fokuo Adjei Timbers revised his bid and matched the floor price.

62

Anwiawia OFR

Faport Wood Works Ltd.

21,500

9.1

4.3

1st highest bidder

65

Wenkyi Off Reserve

Dome River Forest Product Ltd.

20,000

4.2

1.6

 

66

Assin Nyamebekyeyre OFR

Wood Merchant Trading Co. Ltd.

45,500

3.7

2.1

Two companies (Wood Merchant Trading Co. Ltd. and Asuobone Company Ltd.) originally put in bids but all were below the floor price. They revised their bids matched the floor price. Wood Merchant Trading Co. Ltd. offered the highest revised bid.

67

Assin Seinkyem Off

No bid

     

No bids received

68

Bimponso Off Reserve

No bid

     

No bids received

69

Nkaseim OFR

Nana A. Bediako and Sons Ltd.

152,000

6.0

19.6

1st highest bidder

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