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1. Background
Salima Sugar Company Ltd is a public private Company formed under the Companies Act incorporated in 2015 with the main business of sugarcane plantation and sugar production.
The Company is inviting eligible, certified and professional Company valuers with a minimum of 10 years’ experience for an expression of interest to assist the Company in establishing its true value.
2. Objective of the assignment
The objective of the assignment is for the Consultants to conduct a detailed market valuation of the Company’s assets and liabilities.
3. Specific Objectives
Specifically, the Consultants will perform the following tasks;
- Assess the true value underpin of the Sugar processing plant, Irrigation equipment and its accessories
- Valuate biological assets of the Company
- Interrogate the Sugar Industry’s business viability and SSCL’s potential thereby determining intrinsic business potential for the next three years.
4. Scope of the assignment
The scope of work of this assignment include all activities that are necessary for the achievement of the above objectives, including but not limited to literature review, financial and bank statements review and review of the Company’s business operations since its incorporation.
5. Duration of the assignment
The assignment is expected to be undertaken within 30 man days spread across two calendar months.
6. Qualification of personnel
The team leader should be a duly registered and qualified business valuer and financial advisor with proven track record of having undertaken at least two assignments of similar nature and size and should specifically possess the following:
- 7 years’ valuation and financial advisory experience
- Masters’ Degree level training in Finance, economics, management or related field from a recognized university.
- Chartered Practicing Accountant
- Ability to manage complex assignments within set timelines.
7. Submission format and evaluation
The expression of interest should be submitted in sealed envelopes through a five paged capacity statement as technical proposals, complete with business registration documents not later than 28th September, 2024. Financial proposals should be submitted in separate envelopes and only those whose technical proposals have a score higher than 70% will be opened.
Bids should be submitted to the following address:
The Chief Executive Officer,
Greenbelt Authority,
Mwai House,
P. O. Box 30776,
Capital City,
LILONGWE 3
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