ASSET VALUATION OF RGIDPAK CONTAINERS LIMITED

VALUATION DETAILS

Assets Valuation Of Rgidpak Containers Limited At Various Locations In Nigeria For The Benefit Of Guaranty Trust Bank Plc, Oba Akran Branch, Oba Akran, Lagos State – Revalidation Certificate

DESCRIPTION OF THE PROPERTY/ASSETS:

                                                                     Property A

Location: Plot 1-3, Old Jos Road, Zaria Industrial Area, Zaria, Kaduna State

The Subject Property Is A Purpose-Built Industrial Property (Factory) Which Incorporates The Following Within The Fenced Premises:

  • Administrative Office/Factory Workshop
  • Raw Material Store
  • Toilet Building
  • Pump Houses 1 & 2
  • Reservoir Tank
  • Gate House

 

Property B

Location: No 14 Sapara Street Ikeja Industrail Estate Ikeja, Lagos, Lagos State

Site Description:   Approximately 27,729.075 Square Meters.

Classification Of Items Of Valuation:

  • Land And Building:

 Administrative Office/Store, Three-Bay Factory/Workshop, Maintenance Workshop/ Generator Room, Store, Gate House.

 

  • Assets, Plants, Machinery, Furniture And Fittings And Motor Vehicles:

Srpack Afps 840 X 2000 4-Color Printing Machine, Uchida 5-Layer Corrugated Cardboard Making Machine.

VALUATION DETAILS

ASSET TYPE: INDUSTRIAL PROPERTY (FACTORY)
VALUATION DATE: FEBRUARY, 2020
VALUATION PURPOSE: MORTGAGE
OPINION OF VALUE: NGN 3,654,217,000.00
VALUATION FIRM: TUNDE ADEJUMO & CO