Hon. Amber-Jade Sanderson asks about the Keystart loan book divestment, specifically regarding the number and names of organisations that submitted expressions of interest (EOI). The Minister declines to name the organisations at this stage due to commercial sensitivity.

AnsweredQoN 459Legislative Council
Asked
17 May 2016
Portfolio
Housing

QuestionView source ↗

ASSET SALES PROGRAM — KEYSTART —
LOAN BOOK
459. Hon AMBER-JADE SANDERSON to the
minister representing the Minister for Housing:
I refer to the
expression-of-interest process for the planned divestment of up to 40 per cent
of Keystart's loan book.
(1) How many organisations submitted
an EOI?
(2) What is the name of each
organisation that submitted an EOI?
(3) What is the current stage of the
process to select a successful respondent?

AnswerView source ↗

I thank the member for some notice
of this question. On behalf of the Minister for Housing, I provide the
following response —
(1) There were 10.
(2) Releasing the
names at this stage may negatively affect the commercial outcomes to the state
and Keystart. At the conclusion of the process, scheduled for September 2016,
the names of all respondents will be released.
(3) A shortlist
of six respondents that submitted EOIs have been selected to proceed to the
information memorandum phase.

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