SINGAPORE. Dufry Singapore and Gassan Diamonds (Singapore) are the two bidders for the mid-price watch concession at Singapore Changi Airport terminal two departure/check-in hall north.
Dufry bid an additional rental of either 5% of the total monthly gross sales or a minimum monthly guaranteed payment of S$1,000, whichever is higher.
Gassan offered two alternatives: on tender A it offered an additional rental of either 10% of total monthly gross sales or a minimum monthly guaranteed payment of S$4,000, whichever is higher. On tender B it offered an additional rental of either 10% of total monthly gross sales or a minimum monthly guaranteed payment of S$4,000, whichever is higher.
