PIA Karachi Flight Kitchen Assets to be Assessed by Valuer

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Abbas Ali
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PIA Karachi Flight Kitchen Assets to be Assessed by Valuer

Post by Abbas Ali »

In December 24 newspaper:

Request for Proposals (RFP)

Hiring of Valuers for Assessment of Assets of Flight Kitchen - Karachi


In order to accomplish the robust restructuring plan, PIA intends to hire services of valuers of high repute registered with Pakistan Banks' Association - https://pakistanbanks.org.pk/ - and Securities & Exchange Commission of Pakistan (SECP) - https://eservices.secp.gov.pk/eServices/ - for assessment of assets of Flight Kitchen at Karachi Airport, Karachi.

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Abbas Ali
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Re: PIA Karachi Flight Kitchen Assets to be Assessed by Valuer

Post by Abbas Ali »

Scope Of Work:

The valuer shall be required to carry out, inter alia the following tasks:

a) Determine the commercial / market value of the asset and to carry out legal due diligence to ensure all the asset record is in place and the property is transferrable without any impediments.
b) Carryout valuation of all physical structure.
c) Carryout valuation of the entire range of the plant, machinery and equipment keeping in view their import value, foreign exchange rate, inflation, obsolescence factor, physical conditions, replacement value and other relevant factors.
d) Carryout valuation of the movable assets of the property, Estimate the value of other assets housed within such as items of furniture and fixtures, equipment, IT hardware etc.
e) Estimate of the value of intangible assets such as goodwill, brand-name, product development etc.
f) Consider any other matters deemed necessary to yield reliable commercial valuation results for entire PIACL.

Info Source: PIA
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Abbas Ali
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Re: PIA Karachi Flight Kitchen Assets to be Assessed by Valuer

Post by Abbas Ali »

In January 30 newspaper:

Request for Proposals (RFP)

Hiring of Valuers for Assessment of Assets of Flight Kitchen - Karachi


In order to accomplish the robust restructuring plan, PIA intends to hire services of valuers of high repute registered with Pakistan Banks' Association - https://pakistanbanks.org.pk/ - and Securities & Exchange Commission of Pakistan (SECP) - https://eservices.secp.gov.pk/eServices/ - for assessment of assets of Flight Kitchen at Karachi Airport, Karachi.

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Abbas Ali
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Re: PIA Karachi Flight Kitchen Assets to be Assessed by Valuer

Post by Abbas Ali »

RBS Associates - http://rbsassociates.com.pk/ - is the lowest evaluated bidder to carry out the assessment of PIA Karachi Flight Kitchen assets' value.

Info source: PIA

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