Common use of Master Land Clause in Contracts

Master Land. Title Particulars : HS(M) 25206 & HS(M) 25605, PT 23986 & PT 23987, Mukim of Ampang, Daerah Ulu Langat, Negeri Selangor Tenure : Leasehold for 99 years, expiring on 11/12/2088 INTENDING BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. Reserve Price : RM108,000.00 Note : Prior to the auction sale, all intending bidders are advised to:- (i) inspect the property; (ii) conduct land searches (official as well as private); (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. ▇▇ ▇▇▇▇ ▇▇▇ & CO. SDN. BHD. [ 200601018098 (737850-T) ] TELEPHONE NO HOTLINE E-MAIL WEBSITE OUR REFERENCE : ▇▇-▇▇▇▇ ▇▇▇▇ / FAX NO : ▇▇-▇▇▇▇ ▇▇▇▇ : ▇▇▇▇ ▇▇ ▇▇▇▇ / ▇▇-▇▇▇▇ ▇▇▇▇ (Whatsapp) : ▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ : ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ : NCM/CIMB/60086 1. This sale is made by CIMB Bank Berhad (formerly known as Bumiputra-Commerce Bank Berhad that had taken over all business, assets and liabilities of Bank of Commerce (M) Berhad (that had taken over all business, assets and liabilities of Bank Bumiputra Malaysia Berhad vide a Kualla Lumpur High Court vesting Order dated 3.9.1999) vide a Kuala Lumpur High Court Order dated 6.9.2006) (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to a Juwara Homeline Term Loan Agreement and Deed of Assignment both dated the 15th day of January, 1998 executed by ▇ ▇▇▇▇▇▇▇▇▇▇▇▇ A/▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ A/L Palanysamy (“Assignors/Borrowers”) in favour of the Assignee/Bank and is made subject to all conditions and category of land use, express and/or implied and/or imposed upon and/or relating to and/or affecting the Property. 2. The Property is sold on an “as is where is” basis without vacant possession subject to: (a) all express and/or implied conditions, restrictions-in-interest affecting the Master Land and that which may be imposed/endorsed on the issue document of individual or strata title to the Property upon the issuance thereof; (b) all easements, covenants, charges, caveats, liabilities, (including but not limited to liabilities to the local authorities incurred but not ascertained and any rates made but not demanded) and any adverse claims in respect of the Property; and (c) all tenancies, leases, occupiers and rights (if any) of any tenant or occupier, subsisting thereon or therefore without any obligations arising to define the same respectively. 3. If the property offered for auction comprises more than one (1) property, the Auctioneer shall have the right to regulate the sale including but not limited to the following: (a) determine or vary the order of the sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale upon the Assignee/Bank’s instructions. 4. The Auctioneer shall have the right upon the Assignee/Bank’s instructions to withdraw the property for sale at any time before the sale has been knocked down and either after or without declaring the reserve price subject to the Assignee/Bank’s instructions before such withdrawal. 5. Subject to the reserve price together with taxes [whenever applicable], the highest bidder being so allowed by the Auctioneer, shall be the successful purchaser (“Successful Purchaser”) but the Auctioneer and/or the Assignee/Bank shall have the right to refuse any bid without having the necessity to give any reason for such refusal. If any dispute arises as to any bid or bids and/or the bidding process and/or the highest bid, the Auctioneer may, after having first obtained the Assignee/Bank’s consent, at his own discretion determine the dispute or re- conduct the auction sale at the last undisputed bid or may withdraw the Property from the auction sale. 6. No bid shall be less than the previous bid and the reserve price for the Property and no bid shall be retracted. Should there be any retraction from a registered bidder(s) or the highest bidder after commencement of the auction (or after the fall of the hammer), the deposit of 5% of the reserve price placed by the said registered bidder(s) or highest bidder shall be forfeited by the Assignee/Bank and the Property shall at the absolute discretion of the Assignee/Bank be put up for sale again or the Assignee/Bank may decide to adjourn the auction sale to another date. 7. The Assignee/Bank is at liberty to bid for the property (without having to pay any deposit whatsoever). If the Assignee/Bank is the Successful Purchaser, the Assignee/Bank is at liberty to set off the purchase price against the amount due and owing under the Loan agreement/Facility Agreement/Deed of Assignment/Property Sale Agreement on the date of sale, together with all costs and expenses of the sale and all other costs and expenses whatsoever in relation to this matter. 8. Any subsidiary, related or associated company of the Assignee/Bank (“CIMB Related Company”) may bid at the auction sale and CIMB Related Company is exempted from complying with the provisions in clause 9, 10 and 14(a) of this Conditions of Sale. If CIMB Related Company is the Successful Purchaser: (a) a sum equivalent to 5% of the reserve price together with taxes (whenever applicable), shall be paid by way of fund transfer; and (b) the Balance Purchase Price together with taxes (whenever applicable) shall be paid by way of CIMB Related Company’s fund transfer within 90 days from the date of the sale or any such extended period as permitted by the Assignee/Bank (if any). 9. All intending bidders (with the exception of the Assignee/Bank) are required to deposit with the Auctioneer or the Assignee/Bank’s Solicitors a sum equivalent to 5% of the reserve price (“Deposit”) for the Property together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad prior to the auction sale. Online Bidders are subject to the provisions of Clause(s) 3.4, 3.5 and 3.6 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the deposit. Any person who intends to bid on behalf of another, corporation or firm is required to deposit with the Auctioneer prior to the auction sale a letter or any other relevant documents acceptable to the Assignee/Bank to state that he is acting on behalf of another person, corporation or firm and he is authorised to sign all the necessary documents. All intending bidders are required to verify their identities by showing the Auctioneer their identity cards (or other document(s) of identification acceptable by the Auctioneer) prior to the commencement of the auction for the purpose of verification, failing which they shall not be entitled to bid. An undischarged bankrupt is not allowed to bid or to act as an agent. If the sale is restricted to bumiputra only, the intending bidders shall be bumiputra or bumiputra Company only. 10. Immediately after the fall of the hammer, the Successful Purchaser (other than the Assignee/Bank) shall sign the Memorandum of Contract and the Deposit shall be held by the Assignee/Bank subject to the provisions of Clause 12, 15 and 16 and Online Bidders are subject to the provisions of Clause 5 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Term Loan Agreement

Master Land. Title Particulars : HS(M) 25206 & HS(M) 25605Pajakan Negeri 112609, PT 23986 & PT 23987Lot 67121 (formerly known as Pajakan Negeri 95220, Mukim Lot 65718), Pekan Baru Sungai Buloh, District of AmpangPetaling, Daerah Ulu Langat, Negeri State of Selangor Darul Ehsan Tenure : Leasehold for 99 years, expiring on 11/12/2088 INTENDING 27/12/2109 Restriction-in-Interest : "Tanah ini boleh dipindahmilik, dipajak atau digadai setelah mendapat kebenaran Pihak Berkuasa Negeri." PROSPECTIVE BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. Reserve Price : RM108,000.00 RM520,000.00 Note : Prior to the auction sale, all intending bidders are advised to:- (i) inspect the property; (ii) conduct land searches (official as well as private); (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. ▇▇ ▇▇▇▇ ▇▇▇ & CO. SDN. BHD. [ 200601018098 (737850-T) ] TELEPHONE NO HOTLINE E-MAIL WEBSITE OUR REFERENCE : ▇▇-▇▇▇▇ ▇▇▇▇ / FAX NO : ▇▇-▇▇▇▇ ▇▇▇▇ : ▇▇▇▇ ▇▇ ▇▇▇▇ / ▇▇-▇▇▇▇ ▇▇▇▇ (Whatsapp) : ▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ : ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ : NCM/CIMB/60086CIMB/58520/rs 1. This sale is made by CIMB Bank Berhad (formerly known as Bumiputra-Commerce Bank Berhad that had taken over all business, assets and liabilities of Bank of Commerce (M) Berhad (that had taken over all business, assets and liabilities of Bank Bumiputra Malaysia Berhad vide a Kualla Lumpur High Court vesting Order dated 3.9.1999) vide a Kuala Lumpur High Court Order dated 6.9.2006) (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to a Juwara Homeline Term Loan Agreement and Facility Agreement, Deed of Assignment both and Power of Attorney all dated the 15th 18th day of JanuaryNovember, 1998 2019 executed by ▇▇▇▇▇▇▇▇▇▇▇▇ A/▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ A/L Palanysamy (“AssignorsAssignor/BorrowersBorrower”) in favour of the Assignee/Bank and is made subject to all conditions and category of land use, express and/or implied and/or imposed upon and/or relating to and/or affecting the Property. 2. The Property is sold on an “as is where is” basis without vacant possession subject to: (a) all express and/or implied conditions, restrictions-in-interest affecting the Master Land and that which may be imposed/endorsed on the issue document of individual or strata title to the Property upon the issuance thereof; (b) all easements, covenants, charges, caveats, liabilities, (including but not limited to liabilities to the local authorities incurred but not ascertained and any rates made but not demanded) and any adverse claims in respect of the Property; and (c) all tenancies, leases, occupiers and rights (if any) of any tenant or occupier, subsisting thereon or therefore without any obligations arising to define the same respectively. 3. If the property offered for auction comprises more than one (1) property, the Auctioneer shall have the right to regulate the sale including but not limited to the following: (a) determine or vary the order of the sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale upon the Assignee/Bank’s instructions. 4. The Auctioneer shall have the right upon the Assignee/Bank’s instructions to withdraw the property for sale at any time before the sale has been knocked down and either after or without declaring the reserve price subject to the Assignee/Bank’s instructions before such withdrawal. 5. Subject to the reserve price together with taxes [whenever applicable], the highest bidder being so allowed by the Auctioneer, shall be the successful purchaser (“Successful Purchaser”) but the Auctioneer and/or the Assignee/Bank shall have the right to refuse any bid without having the necessity to give any reason for such refusal. If any dispute arises as to any bid or bids and/or the bidding process and/or the highest bid, the Auctioneer may, after having first obtained the Assignee/Bank’s consent, at his own discretion determine the dispute or re- conduct the auction sale at the last undisputed bid or may withdraw the Property from the auction sale. 6. No bid shall be less than the previous bid and the reserve price for the Property and no bid shall be retracted. Should there be any retraction from a registered bidder(s) or the highest bidder after commencement of the auction (or after the fall of the hammer), the deposit of 5% of the reserve price placed by the said registered bidder(s) or highest bidder shall be forfeited by the Assignee/Bank and the Property shall at the absolute discretion of the Assignee/Bank be put up for sale again or the Assignee/Bank may decide to adjourn the auction sale to another date. 7. The Assignee/Bank is at liberty to bid for the property (without having to pay any deposit whatsoever). If the Assignee/Bank is the Successful Purchaser, the Assignee/Bank is at liberty to set off the purchase price against the amount due and owing under the Loan agreement/Facility Agreement/Deed of Assignment/Property Sale Agreement on the date of sale, together with all costs and expenses of the sale and all other costs and expenses whatsoever in relation to this matter. 8. Any subsidiary, related or associated company of the Assignee/Bank (“CIMB Related Company”) may bid at the auction sale and CIMB Related Company is exempted from complying with the provisions in clause 9, 10 and 14(a) of this Conditions of Sale. If CIMB Related Company is the Successful Purchaser: (a) a sum equivalent to 5% of the reserve price together with taxes (whenever applicable), shall be paid by way of fund transfer; and (b) the Balance Purchase Price together with taxes (whenever applicable) shall be paid by way of CIMB Related Company’s fund transfer within 90 days from the date of the sale or any such extended period as permitted by the Assignee/Bank (if any). 9. All intending bidders (with the exception of the Assignee/Bank) are required to deposit with the Auctioneer or the Assignee/Bank’s Solicitors a sum equivalent to 5% of the reserve price (“Deposit”) for the Property together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad prior to the auction sale. Online Bidders are subject to the provisions of Clause(s) 3.4, 3.5 and 3.6 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the deposit. Any person who intends to bid on behalf of another, corporation or firm is required to deposit with the Auctioneer prior to the auction sale a letter or any other relevant documents acceptable to the Assignee/Bank to state that he is acting on behalf of another person, corporation or firm and he is authorised to sign all the necessary documents. All intending bidders are required to verify their identities by showing the Auctioneer their identity cards (or other document(s) of identification acceptable by the Auctioneer) prior to the commencement of the auction for the purpose of verification, failing which they shall not be entitled to bid. An undischarged bankrupt is not allowed to bid or to act as an agent. If the sale is restricted to bumiputra only, the intending bidders shall be bumiputra or bumiputra Company only. 10. Immediately after the fall of the hammer, the Successful Purchaser (other than the Assignee/Bank) shall sign the Memorandum of Contract and the Deposit shall be held by the Assignee/Bank subject to the provisions of Clause 12, 15 and 16 and Online Bidders are subject to the provisions of Clause 5 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Facility Agreement

Master Land. Title Particulars : HS(MPN 123685, Lot 83808 (formerly HS(D) 25206 & HS(M) 2560548695, PT 23986 & PT 23987No. 51722), Mukim of AmpangTanjong Duabelas, Daerah Ulu Langat, Negeri District of Kuala Langat and State of Selangor Tenure : Leasehold interest for 99 years, years expiring on 11/12/2088 22.11.2116 Category of land use : Bangunan Express Conditions : Bangunan Kediaman Restriction in Interest : Tanah ini tidak boleh dipindahmilik, dipajak atau digadai melainkan dengan kebenaran Pihak Berkuasa Negeri. INTENDING BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. Reserve Price Price: RM108,000.00 Note RM 243,000.00 Note: Prior to the auction sale, all intending bidders are advised to:- to:- (i) inspect the property; ; (ii) conduct land searches (official as well as private); ; (iii) make a relevant enquiries enquiry with the developer, landowner and/or appropriate authorities; and and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. ▇▇ ▇▇▇▇ ▇▇▇ & CO. EHSAN AUCTIONEERS SDN. BHD. [ 200601018098 (737850617309-TU) ] TELEPHONE NO HOTLINE E-MAIL WEBSITE OUR REFERENCE : ▇▇-▇▇▇▇ ▇▇▇▇ / FAX NO : ▇▇-▇▇▇▇ ▇▇▇▇ HANDPHONE NO : ▇▇▇▇ ▇▇ ▇▇▇▇ / ▇▇-▇▇▇▇ ▇▇(Whatsapp) EMAIL : ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ WEBSITE : ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ OUR REFERENCE : NCM/CIMB/60086AL I N / C I M 1 7 4 3 - I S L AM I C / TN A Reserve Price Deposit Bidder registration and payment of auction deposit must be made by 3pm, at least one (1) working day before auction date. 1. This sale is made by CIMB Bank Berhad (formerly known as Bumiputra-Commerce Bank Berhad that had taken over all business, assets and liabilities of Bank of Commerce (M) Berhad (that had taken over all business, assets and liabilities of Bank Bumiputra Malaysia Berhad vide a Kualla Lumpur High Court vesting Order dated 3.9.1999) vide a Kuala Lumpur High Court Order dated 6.9.2006) ISLAMIC BANK BERHAD (“Assignee/BankFinancier”) in exercise of the rights and powers conferred upon the Assignee/Bank Financier pursuant to a Juwara Homeline Term Loan Agreement and Facility Agreement, Deed of Assignment both and Power of Attorney all dated the 15th 04th day of JanuaryAugust, 1998 2023 executed by ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇A/▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ A/L Palanysamy (“AssignorsAssignor/BorrowersCustomer”) in favour of the Assignee/Bank Financier and is made subject to all conditions and category of land use, express and/or implied and/or imposed upon and/or relating to and/or affecting the Property. 2. The Property is sold on an “as is where is” basis without vacant possession subject to: (a) all express and/or implied conditions, restrictions-in-interest affecting the Master Land and that which may be imposed/endorsed on the issue document of individual or strata title to the Property upon the issuance thereof; (b) all easements, covenants, charges, caveats, liabilities, (including but not limited to liabilities to the local authorities incurred but not ascertained and any rates made but not demanded) and any adverse claims in respect of the Property; and (c) all tenancies, leases, occupiers and rights (if any) of any tenant or occupier, subsisting thereon or therefore without any obligations arising to define the same respectively. 3. If the property offered for auction comprises more than one (1) property, the Auctioneer shall have the right to regulate the sale including but not limited to the following: (a) determine or vary the order of the sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale upon the Assignee/Bank’s instructions. 4. The Auctioneer shall have the right upon the Assignee/Bank’s instructions to withdraw the property for sale at any time before the sale has been knocked down and either after or without declaring the reserve price subject to the Assignee/Bank’s instructions before such withdrawal. 5. Subject to the reserve price together with taxes [whenever applicable], the highest bidder being so allowed by the Auctioneer, shall be the successful purchaser (“Successful Purchaser”) but the Auctioneer and/or the Assignee/Bank shall have the right to refuse any bid without having the necessity to give any reason for such refusal. If any dispute arises as to any bid or bids and/or the bidding process and/or the highest bid, the Auctioneer may, after having first obtained the Assignee/Bank’s consent, at his own discretion determine the dispute or re- conduct the auction sale at the last undisputed bid or may withdraw the Property from the auction sale. 6. No bid shall be less than the previous bid and the reserve price for the Property and no bid shall be retracted. Should there be any retraction from a registered bidder(s) or the highest bidder after commencement of the auction (or after the fall of the hammer), the deposit of 5% of the reserve price placed by the said registered bidder(s) or highest bidder shall be forfeited by the Assignee/Bank and the Property shall at the absolute discretion of the Assignee/Bank be put up for sale again or the Assignee/Bank may decide to adjourn the auction sale to another date. 7. The Assignee/Bank is at liberty to bid for the property (without having to pay any deposit whatsoever). If the Assignee/Bank is the Successful Purchaser, the Assignee/Bank is at liberty to set off the purchase price against the amount due and owing under the Loan agreement/Facility Agreement/Deed of Assignment/Property Sale Agreement on the date of sale, together with all costs and expenses of the sale and all other costs and expenses whatsoever in relation to this matter. 8. Any subsidiary, related or associated company of the Assignee/Bank (“CIMB Related Company”) may bid at the auction sale and CIMB Related Company is exempted from complying with the provisions in clause 9, 10 and 14(a) of this Conditions of Sale. If CIMB Related Company is the Successful Purchaser: (a) a sum equivalent to 5% of the reserve price together with taxes (whenever applicable), shall be paid by way of fund transfer; and (b) the Balance Purchase Price together with taxes (whenever applicable) shall be paid by way of CIMB Related Company’s fund transfer within 90 days from the date of the sale or any such extended period as permitted by the Assignee/Bank (if any). 9. All intending bidders (with the exception of the Assignee/Bank) are required to deposit with the Auctioneer or the Assignee/Bank’s Solicitors a sum equivalent to 5% of the reserve price (“Deposit”) for the Property together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad prior to the auction sale. Online Bidders are subject to the provisions of Clause(s) 3.4, 3.5 and 3.6 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the deposit. Any person who intends to bid on behalf of another, corporation or firm is required to deposit with the Auctioneer prior to the auction sale a letter or any other relevant documents acceptable to the Assignee/Bank to state that he is acting on behalf of another person, corporation or firm and he is authorised to sign all the necessary documents. All intending bidders are required to verify their identities by showing the Auctioneer their identity cards (or other document(s) of identification acceptable by the Auctioneer) prior to the commencement of the auction for the purpose of verification, failing which they shall not be entitled to bid. An undischarged bankrupt is not allowed to bid or to act as an agent. If the sale is restricted to bumiputra only, the intending bidders shall be bumiputra or bumiputra Company only. 10. Immediately after the fall of the hammer, the Successful Purchaser (other than the Assignee/Bank) shall sign the Memorandum of Contract and the Deposit shall be held by the Assignee/Bank subject to the provisions of Clause 12, 15 and 16 and Online Bidders are subject to the provisions of Clause 5 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Murabahah Facility Agreement

Master Land. Title Particulars : HS(M) 25206 & HS(M) 25605Pajakan Negeri 6959, PT 23986 & PT 23987▇▇▇ ▇▇▇▇, Mukim of Ampang▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇, Daerah Ulu Langat▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇-▇▇▇▇, Negeri Selangor Tenure : Leasehold for 99 years, expiring on 11/12/2088 ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ INTENDING BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. Reserve Price Price: RM108,000.00 Note RM130,000.00 Note: Prior to the auction sale, all intending bidders are advised to:- to:- (i) inspect the property; ; (ii) conduct land searches (official as well as private); ; (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. For further particulars, please apply to Messrs ▇.▇. ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Associates, Reserve Price ▇▇-▇▇▇ ▇▇▇▇) CIMB Bank Berhad. Hotline: 1 300-88-0811 or Log on to ▇▇▇▇.▇▇▇.▇& CO. basis and subject to the terms contained in theor /propauction Proclamation and Conditions of Sale EHSAN AUCTIONEERS SDN. BHD. [ 200601018098 (737850617309-TU) ] TELEPHONE NO HOTLINE E-MAIL WEBSITE OUR REFERENCE : ▇▇-▇▇▇▇ ▇▇▇▇ / FAX NO : ▇▇-▇▇▇▇ ▇▇▇▇ HANDPHONE NO : ▇▇▇▇ ▇▇ ▇▇▇▇ / ▇▇-▇▇▇▇ ▇▇(Whatsapp) Deposit : E-MAIL WEBSITE : ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ : ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ : NCM/CIMB/60086Bidder registration and payment of auction deposit must be made by 3pm, at least one (1) working day before auction date. 1. This sale is made by CIMB Bank Berhad (formerly known as Bumiputra-Commerce Bank Berhad that had taken over all business, assets and liabilities of Bank of Commerce (M) Berhad (that had taken over all business, assets and liabilities of Bank Bumiputra Malaysia Berhad vide a Kualla Lumpur High Court vesting Order dated 3.9.1999) vide a Kuala Lumpur High Court Order dated 6.9.2006) BANK BERHAD (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to a Juwara Homeline Term Housing / ShopHouse Loan Agreement and Overdraft (Flexi), Deed of Assignment both and Power of Attorney all dated the 15th 14th day of JanuaryJune, 1998 2012 executed by ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Bin ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇A/▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ A/L Palanysamy (“AssignorsAssignor/BorrowersBorrower”) in favour of the Assignee/Bank and is made subject to all conditions and category of land use, express and/or implied and/or imposed upon and/or relating to and/or affecting the Property. 2. The Property is sold on an “as is where is” basis without vacant possession subject to: (a) all express and/or implied conditions, restrictions-in-interest affecting the Master Land and that which may be imposed/endorsed on the issue document of individual or strata title to the Property upon the issuance thereof; (b) all easements, covenants, charges, caveats, liabilities, (including but not limited to liabilities to the local authorities incurred but not ascertained and any rates made but not demanded) and any adverse claims in respect of the Property; and (c) all tenancies, leases, occupiers and rights (if any) of any tenant or occupier, subsisting thereon or therefore without any obligations arising to define the same respectively. 3. If the property offered for auction comprises more than one (1) property, the Auctioneer shall have the right to regulate the sale including but not limited to the following: (a) determine or vary the order of the sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale upon the Assignee/Bank’s instructions. 4. The Auctioneer shall have the right upon the Assignee/Bank’s instructions to withdraw the property for sale at any time before the sale has been knocked down and either after or without declaring the reserve price subject to the Assignee/Bank’s instructions before such withdrawal. 5. Subject to the reserve price together with taxes [whenever applicable], the highest bidder being so allowed by the Auctioneer, shall be the successful purchaser (“Successful Purchaser”) but the Auctioneer and/or the Assignee/Bank shall have the right to refuse any bid without having the necessity to give any reason for such refusal. If any dispute arises as to any bid or bids and/or the bidding process and/or the highest bid, the Auctioneer may, after having first obtained the Assignee/Bank’s consent, at his own discretion determine the dispute or re- conduct the auction sale at the last undisputed bid or may withdraw the Property from the auction sale. 6. No bid shall be less than the previous bid and the reserve price for the Property and no bid shall be retracted. Should there be any retraction from a registered bidder(s) or the highest bidder after commencement of the auction (or after the fall of the hammer), the deposit of 5% of the reserve price placed by the said registered bidder(s) or highest bidder shall be forfeited by the Assignee/Bank and the Property shall at the absolute discretion of the Assignee/Bank be put up for sale again or the Assignee/Bank may decide to adjourn the auction sale to another date. 7. The Assignee/Bank is at liberty to bid for the property (without having to pay any deposit whatsoever). If the Assignee/Bank is the Successful Purchaser, the Assignee/Bank is at liberty to set off the purchase price against the amount due and owing under the Loan agreement/Facility Agreement/Deed of Assignment/Property Sale Agreement on the date of sale, together with all costs and expenses of the sale and all other costs and expenses whatsoever in relation to this matter. 8. Any subsidiary, related or associated company of the Assignee/Bank (“CIMB Related Company”) may bid at the auction sale and CIMB Related Company is exempted from complying with the provisions in clause 9, 10 and 14(a) of this Conditions of Sale. If CIMB Related Company is the Successful Purchaser: (a) a sum equivalent to 5% of the reserve price together with taxes (whenever applicable), shall be paid by way of fund transfer; and (b) the Balance Purchase Price together with taxes (whenever applicable) shall be paid by way of CIMB Related Company’s fund transfer within 90 days from the date of the sale or any such extended period as permitted by the Assignee/Bank (if any). 9. All intending bidders (with the exception of the Assignee/Bank) are required to deposit with the Auctioneer or the Assignee/Bank’s Solicitors a sum equivalent to 5% of the reserve price (“Deposit”) for the Property together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad prior to the auction sale. Online Bidders are subject to the provisions of Clause(s) 3.4, 3.5 and 3.6 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the deposit. Any person who intends to bid on behalf of another, corporation or firm is required to deposit with the Auctioneer prior to the auction sale a letter or any other relevant documents acceptable to the Assignee/Bank to state that he is acting on behalf of another person, corporation or firm and he is authorised to sign all the necessary documents. All intending bidders are required to verify their identities by showing the Auctioneer their identity cards (or other document(s) of identification acceptable by the Auctioneer) prior to the commencement of the auction for the purpose of verification, failing which they shall not be entitled to bid. An undischarged bankrupt is not allowed to bid or to act as an agent. If the sale is restricted to bumiputra only, the intending bidders shall be bumiputra or bumiputra Company only. 10. Immediately after the fall of the hammer, the Successful Purchaser (other than the Assignee/Bank) shall sign the Memorandum of Contract and the Deposit shall be held by the Assignee/Bank subject to the provisions of Clause 12, 15 and 16 and Online Bidders are subject to the provisions of Clause 5 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Housing / Shophouse Loan Agreement

Master Land. Title Particulars : HS(M) 25206 & HS(M) 25605CT No. 10721, PT 23986 & PT 23987Lot No. 1091, Mukim of AmpangCheras, Daerah District of Ulu Langat, Negeri State of Selangor Darul Ehsan Tenure : Leasehold for 99 years, expiring on 11/12/2088 Term in perpetuity INTENDING BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. Reserve Price Price: RM108,000.00 Note RM 110,000.00 Note: Prior to the auction sale, all intending bidders are advised to:- to:- (i) inspect the property; ; (ii) conduct land searches (official as well as private); ; (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. For further particulars, please apply to Messrs ▇▇▇▇ & ▇▇▇▇, Reserve Price 1 300-88-0811 or Log on to ▇▇▇▇.▇▇▇.▇▇/▇▇▇▇▇▇▇▇▇▇▇ & CO. Deposit : EHSAN AUCTIONEERS SDN. BHD. [ 200601018098 (737850617309-TU) ] All intending bidders are required to deposit with the TELEPHONE NO HOTLINE E-MAIL WEBSITE OUR REFERENCE : ▇▇-▇▇▇▇ ▇▇▇▇ / FAX NO : ▇▇-▇▇▇▇ ▇▇▇▇ bidders are further subject to the Terms and HANDPHONE NO : ▇▇▇▇ ▇▇ ▇▇▇▇ / ▇▇-▇▇▇▇ ▇▇▇ Conditions on ▇ (Whatsapp) ▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. E-MAIL : ▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ : ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ : NCM/CIMB/60086▇ (1) working day before auction date. 1. This sale is made by CIMB Bank Berhad (formerly known as Bumiputra-Commerce Bank Berhad that had taken over all business, assets and liabilities of Bank of Commerce (M) Berhad (that had taken over all business, assets and liabilities of Bank Bumiputra Malaysia Berhad vide a Kualla Lumpur High Court vesting Order dated 3.9.1999) vide a Kuala Lumpur High Court Order dated 6.9.2006) BANK BERHAD (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to a Juwara Homeline Term Loan Agreement and Agreement, Deed of Assignment both and Power of Attorney all dated the 15th 04th day of JanuarySeptember, 1998 2001 executed by ▇▇▇▇▇▇▇▇▇▇▇▇ A/▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ A(Assignor/L Palanysamy (“Assignors/BorrowersBorrower”) in favour of the Assignee/Bank and is made subject to all conditions and category of land use, express and/or implied and/or imposed upon and/or relating to and/or affecting the Property. 2. The Property is sold on an “as is where is” basis without vacant possession subject to: (a) all express and/or implied conditions, restrictions-in-interest affecting the Master Land and that which may be imposed/endorsed on the issue document of individual or strata title to the Property upon the issuance thereof; (b) all easements, covenants, charges, caveats, liabilities, (including but not limited to liabilities to the local authorities incurred but not ascertained and any rates made but not demanded) and any adverse claims in respect of the Property; and (c) all tenancies, leases, occupiers and rights (if any) of any tenant or occupier, subsisting thereon or therefore without any obligations arising to define the same respectively. 3. If the property offered for auction comprises more than one (1) property, the Auctioneer shall have the right to regulate the sale including but not limited to the following: (a) determine or vary the order of the sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale upon the Assignee/Bank’s instructions. 4. The Auctioneer shall have the right upon the Assignee/Bank’s instructions to withdraw the property for sale at any time before the sale has been knocked down and either after or without declaring the reserve price subject to the Assignee/Bank’s instructions before such withdrawal. 5. Subject to the reserve price together with taxes [whenever applicable], the highest bidder being so allowed by the Auctioneer, shall be the successful purchaser (“Successful Purchaser”) but the Auctioneer and/or the Assignee/Bank shall have the right to refuse any bid without having the necessity to give any reason for such refusal. If any dispute arises as to any bid or bids and/or the bidding process and/or the highest bid, the Auctioneer may, after having first obtained the Assignee/Bank’s consent, at his own discretion determine the dispute or re- conduct the auction sale at the last undisputed bid or may withdraw the Property from the auction sale. 6. No bid shall be less than the previous bid and the reserve price for the Property and no bid shall be retracted. Should there be any retraction from a registered bidder(s) or the highest bidder after commencement of the auction (or after the fall of the hammer), the deposit of 5% of the reserve price placed by the said registered bidder(s) or highest bidder shall be forfeited by the Assignee/Bank and the Property shall at the absolute discretion of the Assignee/Bank be put up for sale again or the Assignee/Bank may decide to adjourn the auction sale to another date. 7. The Assignee/Bank is at liberty to bid for the property (without having to pay any deposit whatsoever). If the Assignee/Bank is the Successful Purchaser, the Assignee/Bank is at liberty to set off the purchase price against the amount due and owing under the Loan agreement/Facility Agreement/Deed of Assignment/Property Sale Agreement on the date of sale, together with all costs and expenses of the sale and all other costs and expenses whatsoever in relation to this matter. 8. Any subsidiary, related or associated company of the Assignee/Bank (“CIMB Related Company”) may bid at the auction sale and CIMB Related Company is exempted from complying with the provisions in clause 9, 10 and 14(a) of this Conditions of Sale. If CIMB Related Company is the Successful Purchaser: (a) a sum equivalent to 5% of the reserve price together with taxes (whenever applicable), shall be paid by way of fund transfer; and (b) the Balance Purchase Price together with taxes (whenever applicable) shall be paid by way of CIMB Related Company’s fund transfer within 90 days from the date of the sale or any such extended period as permitted by the Assignee/Bank (if any). 9. All intending bidders (with the exception of the Assignee/Bank) are required to deposit with the Auctioneer or the Assignee/Bank’s Solicitors a sum equivalent to 5% of the reserve price (“Deposit”) for the Property together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad prior to the auction sale. Online Bidders are subject to the provisions of Clause(s) 3.4, 3.5 and 3.6 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the deposit. Any person who intends to bid on behalf of another, corporation or firm is required to deposit with the Auctioneer prior to the auction sale a letter or any other relevant documents acceptable to the Assignee/Bank to state that he is acting on behalf of another person, corporation or firm and he is authorised to sign all the necessary documents. All intending bidders are required to verify their identities by showing the Auctioneer their identity cards (or other document(s) of identification acceptable by the Auctioneer) prior to the commencement of the auction for the purpose of verification, failing which they shall not be entitled to bid. An undischarged bankrupt is not allowed to bid or to act as an agent. If the sale is restricted to bumiputra only, the intending bidders shall be bumiputra or bumiputra Company only. 10. Immediately after the fall of the hammer, the Successful Purchaser (other than the Assignee/Bank) shall sign the Memorandum of Contract and the Deposit shall be held by the Assignee/Bank subject to the provisions of Clause 12, 15 and 16 and Online Bidders are subject to the provisions of Clause 5 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Loan Agreement

Master Land. Title Particulars : HS(M) 25206 & HS(M) 25605Pajakan Negeri 52949, PT 23986 & PT 23987Lot No. 481319, Mukim of AmpangKuala Lumpur, Daerah Ulu LangatDistrict of Kuala Lumpur, Negeri Selangor State of Wilayah Persekutuan Kuala Lumpur Tenure : Leasehold for 99 years, expiring on 11/12/2088 INTENDING 14/8/2116 PROSPECTIVE BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. Reserve Price : RM108,000.00 RM540,000.00 Note : Prior to the auction sale, all intending bidders are advised to:- to:- (i) inspect the property; ; (ii) conduct land searches (official as well as private); ; (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and (iv) obtain from the Auctioneer a copy of the Hotline: 1 300-88-0811 or Conditions of Sale. Log on to ▇▇▇.▇▇▇.▇▇/▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇ & CO. SDN. BHD. [ 200601018098 (737850-T) ] TELEPHONE NO HOTLINE E-MAIL WEBSITE OUR REFERENCE : ▇▇-▇▇▇▇ ▇▇▇▇ / FAX NO : ▇▇-▇▇▇▇ ▇▇▇▇ : ▇▇▇▇ ▇▇ ▇▇▇▇ / ▇▇-▇▇▇▇ ▇▇▇▇ (Whatsapp) : ▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ : ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ : NCM/CIMB/60086CIMB/58486/rs Deposit Bidder registration and payment of auction deposit must be made by 5pm, at least one (1) working day before auction date. (iv) obtain from the Auctioneer a copy of the Conditions of Sale. 1. This sale is made by CIMB Bank Berhad (formerly known as Bumiputra-Commerce Bank Berhad that had taken over all business, assets and liabilities of Bank of Commerce (M) Berhad (that had taken over all business, assets and liabilities of Bank Bumiputra Malaysia Berhad vide a Kualla Lumpur High Court vesting Order dated 3.9.1999) vide a Kuala Lumpur High Court Order dated 6.9.2006) (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to a Juwara Homeline Term Loan Agreement and Agreement, Deed of Assignment both and Power of Attorney all dated the 15th 10th day of JanuaryApril, 1998 2019 executed by ▇ ▇▇▇▇▇▇▇▇▇▇▇▇ A/▇▇▇▇ ▇▇▇& ▇▇▇▇▇▇▇▇▇ A/L Palanysamy (“AssignorsAssignor/BorrowersBorrower”) in favour of the Assignee/Bank and is made subject to all conditions and category of land use, express and/or implied and/or imposed upon and/or relating to and/or affecting the Property. 2. The Property is sold on an “as is where is” basis without vacant possession subject to: (a) all express and/or implied conditions, restrictions-in-interest affecting the Master Land and that which may be imposed/endorsed on the issue document of individual or strata title to the Property upon the issuance thereof; (b) all easements, covenants, charges, caveats, liabilities, (including but not limited to liabilities to the local authorities incurred but not ascertained and any rates made but not demanded) and any adverse claims in respect of the Property; and (c) all tenancies, leases, occupiers and rights (if any) of any tenant or occupier, subsisting thereon or therefore without any obligations arising to define the same respectively. 3. If the property offered for auction comprises more than one (1) property, the Auctioneer shall have the right to regulate the sale including but not limited to the following: (a) determine or vary the order of the sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale upon the Assignee/Bank’s instructions. 4. The Auctioneer shall have the right upon the Assignee/Bank’s instructions to withdraw the property for sale at any time before the sale has been knocked down and either after or without declaring the reserve price subject to the Assignee/Bank’s instructions before such withdrawal. 5. Subject to the reserve price together with taxes [whenever applicable], the highest bidder being so allowed by the Auctioneer, shall be the successful purchaser (“Successful Purchaser”) but the Auctioneer and/or the Assignee/Bank shall have the right to refuse any bid without having the necessity to give any reason for such refusal. If any dispute arises as to any bid or bids and/or the bidding process and/or the highest bid, the Auctioneer may, after having first obtained the Assignee/Bank’s consent, at his own discretion determine the dispute or re- conduct the auction sale at the last undisputed bid or may withdraw the Property from the auction sale. 6. No bid shall be less than the previous bid and the reserve price for the Property and no bid shall be retracted. Should there be any retraction from a registered bidder(s) or the highest bidder after commencement of the auction (or after the fall of the hammer), the deposit of 5% of the reserve price placed by the said registered bidder(s) or highest bidder shall be forfeited by the Assignee/Bank and the Property shall at the absolute discretion of the Assignee/Bank be put up for sale again or the Assignee/Bank may decide to adjourn the auction sale to another date. 7. The Assignee/Bank is at liberty to bid for the property (without having to pay any deposit whatsoever). If the Assignee/Bank is the Successful Purchaser, the Assignee/Bank is at liberty to set off the purchase price against the amount due and owing under the Loan agreement/Facility Agreement/Deed of Assignment/Property Sale Agreement on the date of sale, together with all costs and expenses of the sale and all other costs and expenses whatsoever in relation to this matter. 8. Any subsidiary, related or associated company of the Assignee/Bank (“CIMB Related Company”) may bid at the auction sale and CIMB Related Company is exempted from complying with the provisions in clause 9, 10 and 14(a) of this Conditions of Sale. If CIMB Related Company is the Successful Purchaser: (a) a sum equivalent to 5% of the reserve price together with taxes (whenever applicable), shall be paid by way of fund transfer; and (b) the Balance Purchase Price together with taxes (whenever applicable) shall be paid by way of CIMB Related Company’s fund transfer within 90 days from the date of the sale or any such extended period as permitted by the Assignee/Bank (if any). 9. All intending bidders (with the exception of the Assignee/Bank) are required to deposit with the Auctioneer or the Assignee/Bank’s Solicitors a sum equivalent to 5% of the reserve price (“Deposit”) for the Property together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad prior to the auction sale. Online Bidders are subject to the provisions of Clause(s) 3.4, 3.5 and 3.6 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the deposit. Any person who intends to bid on behalf of another, corporation or firm is required to deposit with the Auctioneer prior to the auction sale a letter or any other relevant documents acceptable to the Assignee/Bank to state that he is acting on behalf of another person, corporation or firm and he is authorised to sign all the necessary documents. All intending bidders are required to verify their identities by showing the Auctioneer their identity cards (or other document(s) of identification acceptable by the Auctioneer) prior to the commencement of the auction for the purpose of verification, failing which they shall not be entitled to bid. An undischarged bankrupt is not allowed to bid or to act as an agent. If the sale is restricted to bumiputra only, the intending bidders shall be bumiputra or bumiputra Company only. 10. Immediately after the fall of the hammer, the Successful Purchaser (other than the Assignee/Bank) shall sign the Memorandum of Contract and the Deposit shall be held by the Assignee/Bank subject to the provisions of Clause 12, 15 and 16 and Online Bidders are subject to the provisions of Clause 5 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Loan Agreement

Master Land. Title Particulars : HS(M) 25206 & HS(M) 25605GM 4357, Lot 101453 (formerly known as HSM 13210, PT 23986 & PT 2398715143), Mukim of AmpangPetaling, Daerah Ulu LangatDistrict of Kuala Lumpur, Negeri Selangor State of Wilayah Persekutuan Kuala Lumpur Tenure : Leasehold for 99 years, expiring on 11/12/2088 Freehold INTENDING BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. Reserve Price Price: RM108,000.00 Note RM 599,700.00 Note: Prior to the auction sale, all intending bidders are advised to:- to:- (i) inspect the property; ; (ii) conduct land searches (official as well as private); ; (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. For further particulars, please apply to Messrs Sidek ▇▇▇▇ ▇▇▇▇ & ▇▇▇▇▇▇, Solicitors for the Assignee/Bank of No. ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ ▇▇. ▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇& CO▇▇▇▇▇ ▇▇▇▇▇▇. (Ref: L4865.03101704424SF/TNH, EHSAN AUCTIONEERS SDN. BHD. [ 200601018098 (737850617309-TU) ] TELEPHONE NO HOTLINE E-MAIL WEBSITE OUR REFERENCE : ▇▇-▇▇▇▇ ▇▇▇▇ / FAX NO : ▇▇-▇▇▇▇ ▇▇▇▇ HANDPHONE NO : ▇▇▇▇ ▇▇ ▇▇▇▇ / ▇▇-▇▇▇▇ ▇▇(Whatsapp) E-MAIL : ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ : Reserve Price order only in favour of CIMB Bank Berhad. Online bidders are further subject to the Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ : NCM/CIMB/60086▇. Bidder registration and payment of auction deposit must be made by 3pm, at least one (1) working day before auction date. 1. This sale is made by CIMB Bank Berhad (formerly known as Bumiputra-Commerce Bank Berhad that had taken over all business, assets and liabilities of Bank of Commerce (M) Berhad (that had taken over all business, assets and liabilities of Bank Bumiputra Malaysia Berhad vide a Kualla Lumpur High Court vesting Order dated 3.9.1999) vide a Kuala Lumpur High Court Order dated 6.9.2006) BANK BERHAD (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to a Juwara Homeline Term Housing / Shophouse Loan Agreement and Flexi Smart Loan, Deed of Assignment both and Power of Attorney all dated the 15th 26th day of JanuarySeptember, 1998 2018 executed by ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ A/▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ A(Assignor/L Palanysamy (“Assignors/BorrowersBorrower”) in favour of the Assignee/Bank and is made subject to all conditions and category of land use, express and/or implied and/or imposed upon and/or relating to and/or affecting the Property. 2. The Property is sold on an “as is where is” basis without vacant possession subject to: (a) all express and/or implied conditions, restrictions-in-interest affecting the Master Land and that which may be imposed/endorsed on the issue document of individual or strata title to the Property upon the issuance thereof; (b) all easements, covenants, charges, caveats, liabilities, (including but not limited to liabilities to the local authorities incurred but not ascertained and any rates made but not demanded) and any adverse claims in respect of the Property; and (c) all tenancies, leases, occupiers and rights (if any) of any tenant or occupier, subsisting thereon or therefore without any obligations arising to define the same respectively. 3. If the property offered for auction comprises more than one (1) property, the Auctioneer shall have the right to regulate the sale including but not limited to the following: (a) determine or vary the order of the sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale upon the Assignee/Bank’s instructions. 4. The Auctioneer shall have the right upon the Assignee/Bank’s instructions to withdraw the property for sale at any time before the sale has been knocked down and either after or without declaring the reserve price subject to the Assignee/Bank’s instructions before such withdrawal. 5. Subject to the reserve price together with taxes [whenever applicable], the highest bidder being so allowed by the Auctioneer, shall be the successful purchaser (“Successful Purchaser”) but the Auctioneer and/or the Assignee/Bank shall have the right to refuse any bid without having the necessity to give any reason for such refusal. If any dispute arises as to any bid or bids and/or the bidding process and/or the highest bid, the Auctioneer may, after having first obtained the Assignee/Bank’s consent, at his own discretion determine the dispute or re- conduct the auction sale at the last undisputed bid or may withdraw the Property from the auction sale. 6. No bid shall be less than the previous bid and the reserve price for the Property and no bid shall be retracted. Should there be any retraction from a registered bidder(s) or the highest bidder after commencement of the auction (or after the fall of the hammer), the deposit of 5% of the reserve price placed by the said registered bidder(s) or highest bidder shall be forfeited by the Assignee/Bank and the Property shall at the absolute discretion of the Assignee/Bank be put up for sale again or the Assignee/Bank may decide to adjourn the auction sale to another date. 7. The Assignee/Bank is at liberty to bid for the property (without having to pay any deposit whatsoever). If the Assignee/Bank is the Successful Purchaser, the Assignee/Bank is at liberty to set off the purchase price against the amount due and owing under the Loan agreement/Facility Agreement/Deed of Assignment/Property Sale Agreement on the date of sale, together with all costs and expenses of the sale and all other costs and expenses whatsoever in relation to this matter. 8. Any subsidiary, related or associated company of the Assignee/Bank (“CIMB Related Company”) may bid at the auction sale and CIMB Related Company is exempted from complying with the provisions in clause 9, 10 and 14(a) of this Conditions of Sale. If CIMB Related Company is the Successful Purchaser: (a) a sum equivalent to 5% of the reserve price together with taxes (whenever applicable), shall be paid by way of fund transfer; and (b) the Balance Purchase Price together with taxes (whenever applicable) shall be paid by way of CIMB Related Company’s fund transfer within 90 days from the date of the sale or any such extended period as permitted by the Assignee/Bank (if any). 9. All intending bidders (with the exception of the Assignee/Bank) are required to deposit with the Auctioneer or the Assignee/Bank’s Solicitors a sum equivalent to 5% of the reserve price (“Deposit”) for the Property together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad prior to the auction sale. Online Bidders are subject to the provisions of Clause(s) 3.4, 3.5 and 3.6 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the deposit. Any person who intends to bid on behalf of another, corporation or firm is required to deposit with the Auctioneer prior to the auction sale a letter or any other relevant documents acceptable to the Assignee/Bank to state that he is acting on behalf of another person, corporation or firm and he is authorised to sign all the necessary documents. All intending bidders are required to verify their identities by showing the Auctioneer their identity cards (or other document(s) of identification acceptable by the Auctioneer) prior to the commencement of the auction for the purpose of verification, failing which they shall not be entitled to bid. An undischarged bankrupt is not allowed to bid or to act as an agent. If the sale is restricted to bumiputra only, the intending bidders shall be bumiputra or bumiputra Company only. 10. Immediately after the fall of the hammer, the Successful Purchaser (other than the Assignee/Bank) shall sign the Memorandum of Contract and the Deposit shall be held by the Assignee/Bank subject to the provisions of Clause 12, 15 and 16 and Online Bidders are subject to the provisions of Clause 5 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Housing / Shophouse Loan Agreement

Master Land. Title Particulars : HS(M) 25206 & HS(M) 25605GM 4566, PT 23986 & PT 23987Lot 649, Mukim of AmpangRawang, Daerah Ulu Langat, Negeri District of Gombak and State of Selangor Tenure : Leasehold for 99 years, expiring on 11/12/2088 Freehold INTENDING BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. Tel No.: ▇▇-▇▇▇▇ ▇▇▇▇, Fax No.: ▇▇-▇▇▇▇ ▇▇▇▇) CIMB Bank Berhad. Hotline: Proclamation and Conditions of Sale 1 300-88-0811 or Log on to ▇▇▇▇.▇▇▇.▇▇ /propauction Deposit : HANDPHONE NO : ▇▇▇-▇▇▇▇ ▇▇▇ Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. E-MAIL : ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Bidder registration and payment of auction deposit must be made by 3pm, at least one (1) working day before auction date. Reserve Price Price: RM108,000.00 Note RM60,000.00 Note: Prior to the auction sale, all intending bidders are advised to:- to:- (i) inspect the property; ; (ii) conduct land searches (official as well as private); ; (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. ▇▇ ▇▇▇▇ ▇▇▇ & CO. SDN. BHD. [ 200601018098 (737850-T) ] TELEPHONE NO HOTLINE E-MAIL WEBSITE OUR REFERENCE : ▇▇-▇▇▇▇ ▇▇▇▇ / FAX NO : ▇▇-▇▇▇▇ ▇▇▇▇ : ▇▇▇▇ ▇▇ ▇▇▇▇ / ▇▇-▇▇▇▇ ▇▇▇▇ (Whatsapp) : ▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ : ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ : NCM/CIMB/60086 1. This sale is made by CIMB Bank Berhad BANK BERHAD (formerly known as Bumiputra-Commerce Bank Berhad that had taken over all business, assets and liabilities of Bank of Commerce (M) Berhad (that had taken over all business, assets and liabilities of Bank Bumiputra Malaysia Berhad vide a Kualla Lumpur High Court vesting Order dated 3.9.1999) vide a Kuala Lumpur High Court Order dated 6.9.2006Berhad) (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to a Juwara Homeline Term Loan Facility Agreement (Homexpress Loan) and Deed of Assignment both dated the 15th 08th day of JanuaryAugust, 1998 2001 executed by ▇ ▇▇▇▇▇▇▇▇▇▇▇▇ A/▇▇▇ ▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ A/L Palanysamy (“AssignorsAssignor/BorrowersBorrower”) in favour of the Assignee/Bank and is made subject to all conditions and category of land use, express and/or implied and/or imposed upon and/or relating to and/or affecting the Property. 2. The Property is sold on an “as is where is” basis without vacant possession subject to: (a) all express and/or implied conditions, restrictions-in-interest affecting the Master Land and that which may be imposed/endorsed on the issue document of individual or strata title to the Property upon the issuance thereof; (b) all easements, covenants, charges, caveats, liabilities, (including but not limited to liabilities to the local authorities incurred but not ascertained and any rates made but not demanded) and any adverse claims in respect of the Property; and (c) all tenancies, leases, occupiers and rights (if any) of any tenant or occupier, subsisting thereon or therefore without any obligations arising to define the same respectively. 3. If the property offered for auction comprises more than one (1) property, the Auctioneer shall have the right to regulate the sale including but not limited to the following: (a) determine or vary the order of the sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale upon the Assignee/Bank’s instructions. 4. The Auctioneer shall have the right upon the Assignee/Bank’s instructions to withdraw the property for sale at any time before the sale has been knocked down and either after or without declaring the reserve price subject to the Assignee/Bank’s instructions before such withdrawal. 5. Subject to the reserve price together with taxes [whenever applicable], the highest bidder being so allowed by the Auctioneer, shall be the successful purchaser (“Successful Purchaser”) but the Auctioneer and/or the Assignee/Bank shall have the right to refuse any bid without having the necessity to give any reason for such refusal. If any dispute arises as to any bid or bids and/or the bidding process and/or the highest bid, the Auctioneer may, after having first obtained the Assignee/Bank’s consent, at his own discretion determine the dispute or re- conduct the auction sale at the last undisputed bid or may withdraw the Property from the auction sale. 6. No bid shall be less than the previous bid and the reserve price for the Property and no bid shall be retracted. Should there be any retraction from a registered bidder(s) or the highest bidder after commencement of the auction (or after the fall of the hammer), the deposit of 5% of the reserve price placed by the said registered bidder(s) or highest bidder shall be forfeited by the Assignee/Bank and the Property shall at the absolute discretion of the Assignee/Bank be put up for sale again or the Assignee/Bank may decide to adjourn the auction sale to another date. 7. The Assignee/Bank is at liberty to bid for the property (without having to pay any deposit whatsoever). If the Assignee/Bank is the Successful Purchaser, the Assignee/Bank is at liberty to set off the purchase price against the amount due and owing under the Loan agreement/Facility Agreement/Deed of Assignment/Property Sale Agreement on the date of sale, together with all costs and expenses of the sale and all other costs and expenses whatsoever in relation to this matter. 8. Any subsidiary, related or associated company of the Assignee/Bank (“CIMB Related Company”) may bid at the auction sale and CIMB Related Company is exempted from complying with the provisions in clause 9, 10 and 14(a) of this Conditions of Sale. If CIMB Related Company is the Successful Purchaser: (a) a sum equivalent to 5% of the reserve price together with taxes (whenever applicable), shall be paid by way of fund transfer; and (b) the Balance Purchase Price together with taxes (whenever applicable) shall be paid by way of CIMB Related Company’s fund transfer within 90 days from the date of the sale or any such extended period as permitted by the Assignee/Bank (if any). 9. All intending bidders (with the exception of the Assignee/Bank) are required to deposit with the Auctioneer or the Assignee/Bank’s Solicitors a sum equivalent to 5% of the reserve price (“Deposit”) for the Property together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad prior to the auction sale. Online Bidders are subject to the provisions of Clause(s) 3.4, 3.5 and 3.6 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the deposit. Any person who intends to bid on behalf of another, corporation or firm is required to deposit with the Auctioneer prior to the auction sale a letter or any other relevant documents acceptable to the Assignee/Bank to state that he is acting on behalf of another person, corporation or firm and he is authorised to sign all the necessary documents. All intending bidders are required to verify their identities by showing the Auctioneer their identity cards (or other document(s) of identification acceptable by the Auctioneer) prior to the commencement of the auction for the purpose of verification, failing which they shall not be entitled to bid. An undischarged bankrupt is not allowed to bid or to act as an agent. If the sale is restricted to bumiputra only, the intending bidders shall be bumiputra or bumiputra Company only. 10. Immediately after the fall of the hammer, the Successful Purchaser (other than the Assignee/Bank) shall sign the Memorandum of Contract and the Deposit shall be held by the Assignee/Bank subject to the provisions of Clause 12, 15 and 16 and Online Bidders are subject to the provisions of Clause 5 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Facility Agreement

Master Land. Title Particulars : HS(MGeran 311884, Lot 16964 Seksyen 7 (formerly known as HS (D) 25206 & HS(M) 25605No. 280268, PT 23986 & PT 2398723770), Mukim Town of AmpangShah Alam, Daerah Ulu LangatDistrict of Petaling, Negeri State of Selangor Darul Ehsan Tenure : Leasehold for 99 years, expiring on 11/12/2088 INTENDING Freehold PROSPECTIVE BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. Reserve Price : RM108,000.00 RM300,000.00 Note : Prior to the auction sale, all intending bidders are advised to:- (i) inspect the property; (ii) conduct land searches (official as well as private); (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. ▇▇ ▇▇▇▇ ▇▇▇ & CO. SDN. BHD. [ 200601018098 (737850-T) ] TELEPHONE NO HOTLINE E-MAIL WEBSITE OUR REFERENCE : ▇▇-▇▇▇▇ ▇▇▇▇ / FAX NO : ▇▇-▇▇▇▇ ▇▇▇▇ : ▇▇▇▇ ▇▇ ▇▇▇▇ / ▇▇-▇▇▇▇ ▇▇▇▇ (Whatsapp) : ▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ : ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ : NCM/CIMB/60086CIMB/58566/rs Bidder registration and payment of auction deposit must be made by 5pm, at least one (1) working day before auction date. 1. This sale is made by CIMB Bank Berhad (formerly known as Bumiputra-Commerce Bank Berhad that had taken over all business, assets and liabilities of Bank of Commerce (M) Berhad (that had taken over all business, assets and liabilities of Bank Bumiputra Malaysia Berhad vide a Kualla Lumpur High Court vesting Order dated 3.9.1999) vide a Kuala Lumpur High Court Order dated 6.9.2006) (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to a Juwara Homeline Term Loan Agreement and Facility Agreement, Deed of Assignment both and Power of Attorney all dated the 15th 8th day of JanuaryDecember, 1998 2016 executed by Poliklinik ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇A/▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ A/L Palanysamy Quay Sdn Bhd (“AssignorsAssignor/BorrowersBorrower”) in favour of the Assignee/Bank and is made subject to all conditions and category of land use, express and/or implied and/or imposed upon and/or relating to and/or affecting the Property. 2. The Property is sold on an “as is where is” basis without vacant possession subject to: (a) all express and/or implied conditions, restrictions-in-interest affecting the Master Land and that which may be imposed/endorsed on the issue document of individual or strata title to the Property upon the issuance thereof; (b) all easements, covenants, charges, caveats, liabilities, (including but not limited to liabilities to the local authorities incurred but not ascertained and any rates made but not demanded) and any adverse claims in respect of the Property; and (c) all tenancies, leases, occupiers and rights (if any) of any tenant or occupier, subsisting thereon or therefore without any obligations arising to define the same respectively. 3. If the property offered for auction comprises more than one (1) property, the Auctioneer shall have the right to regulate the sale including but not limited to the following: (a) determine or vary the order of the sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale upon the Assignee/Bank’s instructions. 4. The Auctioneer shall have the right upon the Assignee/Bank’s instructions to withdraw the property for sale at any time before the sale has been knocked down and either after or without declaring the reserve price subject to the Assignee/Bank’s instructions before such withdrawal. 5. Subject to the reserve price together with taxes [whenever applicable], the highest bidder being so allowed by the Auctioneer, shall be the successful purchaser (“Successful Purchaser”) but the Auctioneer and/or the Assignee/Bank shall have the right to refuse any bid without having the necessity to give any reason for such refusal. If any dispute arises as to any bid or bids and/or the bidding process and/or the highest bid, the Auctioneer may, after having first obtained the Assignee/Bank’s consent, at his own discretion determine the dispute or re- conduct the auction sale at the last undisputed bid or may withdraw the Property from the auction sale. 6. No bid shall be less than the previous bid and the reserve price for the Property and no bid shall be retracted. Should there be any retraction from a registered bidder(s) or the highest bidder after commencement of the auction (or after the fall of the hammer), the deposit of 5% of the reserve price placed by the said registered bidder(s) or highest bidder shall be forfeited by the Assignee/Bank and the Property shall at the absolute discretion of the Assignee/Bank be put up for sale again or the Assignee/Bank may decide to adjourn the auction sale to another date. 7. The Assignee/Bank is at liberty to bid for the property (without having to pay any deposit whatsoever). If the Assignee/Bank is the Successful Purchaser, the Assignee/Bank is at liberty to set off the purchase price against the amount due and owing under the Loan agreement/Facility Agreement/Deed of Assignment/Property Sale Agreement on the date of sale, together with all costs and expenses of the sale and all other costs and expenses whatsoever in relation to this matter. 8. Any subsidiary, related or associated company of the Assignee/Bank (“CIMB Related Company”) may bid at the auction sale and CIMB Related Company is exempted from complying with the provisions in clause 9, 10 and 14(a) of this Conditions of Sale. If CIMB Related Company is the Successful Purchaser: (a) a sum equivalent to 5% of the reserve price together with taxes (whenever applicable), shall be paid by way of fund transfer; and (b) the Balance Purchase Price together with taxes (whenever applicable) shall be paid by way of CIMB Related Company’s fund transfer within 90 days from the date of the sale or any such extended period as permitted by the Assignee/Bank (if any). 9. All intending bidders (with the exception of the Assignee/Bank) are required to deposit with the Auctioneer or the Assignee/Bank’s Solicitors a sum equivalent to 5% of the reserve price (“Deposit”) for the Property together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad prior to the auction sale. Online Bidders are subject to the provisions of Clause(s) 3.4, 3.5 and 3.6 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the deposit. Any person who intends to bid on behalf of another, corporation or firm is required to deposit with the Auctioneer prior to the auction sale a letter or any other relevant documents acceptable to the Assignee/Bank to state that he is acting on behalf of another person, corporation or firm and he is authorised to sign all the necessary documents. All intending bidders are required to verify their identities by showing the Auctioneer their identity cards (or other document(s) of identification acceptable by the Auctioneer) prior to the commencement of the auction for the purpose of verification, failing which they shall not be entitled to bid. An undischarged bankrupt is not allowed to bid or to act as an agent. If the sale is restricted to bumiputra only, the intending bidders shall be bumiputra or bumiputra Company only. 10. Immediately after the fall of the hammer, the Successful Purchaser (other than the Assignee/Bank) shall sign the Memorandum of Contract and the Deposit shall be held by the Assignee/Bank subject to the provisions of Clause 12, 15 and 16 and Online Bidders are subject to the provisions of Clause 5 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Facility Agreement

Master Land. Title Particulars : HS(M) 25206 & HS(M) 25605HSM 22238, PT 23986 & 29240, HSM 22239, PT 2398729241, HSM 22240, PT 29242 and HSM 22241, PT 29243, Mukim of AmpangKapar, Daerah Ulu Langat, Negeri Selangor Tenure : Leasehold for 99 years, expiring on 11/12/2088 years Express Conditions : Bangunan Kediaman INTENDING BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. Reserve Price Price: RM108,000.00 Note RM 80,000.00 Note: Prior to the auction sale, all intending bidders are advised to:- to:- (i) inspect the property; ; (ii) conduct land searches (official as well as private); ; (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. For further particulars, please apply to Messrs ▇▇▇ ▇▇▇▇▇▇▇ & Partners, Reserve Price Hotline: 1 300-88-0811 or Log on to ▇▇▇▇.▇▇▇.▇▇/▇▇▇▇▇▇▇▇▇▇▇ EHSAN AUCTIONEERS SDN. BHD. (617309-U) DATO’HAJI ▇▇▇▇▇ ▇▇▇▇& COBIN ▇.▇. SDN. BHD. [ 200601018098 (737850-T) ] ▇▇▇▇ TELEPHONE NO HOTLINE E-MAIL WEBSITE OUR REFERENCE : ▇▇-▇▇▇▇ ▇▇▇▇ / FAX NO : ▇▇-▇▇▇▇ ▇▇▇▇ HANDPHONE NO : ▇▇▇▇ ▇▇ ▇▇▇▇ / ▇▇-▇▇▇▇ ▇▇Deposit : Bidder registration and payment of auction OUR REFERENCE : AL I N / C I M 1 4 2 1 / N H P (Whatsappiv) : ▇▇▇▇@▇▇▇▇▇▇▇▇▇obtain from the Auctioneer a copy of the Conditions of Sale.▇▇▇ : ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ : NCM/CIMB/60086 1. This sale is made by CIMB Bank Berhad (formerly known as Bumiputra-Commerce Bank Berhad that had taken over all business, assets and liabilities of Bank of Commerce (M) Berhad (that had taken over all business, assets and liabilities of Bank Bumiputra Malaysia Berhad vide a Kualla Lumpur High Court vesting Order dated 3.9.1999) vide a Kuala Lumpur High Court Order dated 6.9.2006) BANK BERHAD (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to a Juwara Homeline Term Housing Loan Agreement and / Term Loan, Deed of Assignment both and Power of Attorney all dated the 15th 04th day of January, 1998 July 2014 executed by ▇ ▇▇▇▇▇▇▇▇▇▇▇▇ A/▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ A/L Palanysamy (“AssignorsAssignor/BorrowersBorrower”) in favour of the Assignee/Bank and is made subject to all conditions and category of land use, express and/or implied and/or imposed upon and/or relating to and/or affecting the Property. 2. The Property is sold on an “as is where is” basis without vacant possession subject to: (a) all express and/or implied conditions, restrictions-in-interest affecting the Master Land and that which may be imposed/endorsed on the issue document of individual or strata title to the Property upon the issuance thereof; (b) all easements, covenants, charges, caveats, liabilities, (including but not limited to liabilities to the local authorities incurred but not ascertained and any rates made but not demanded) and any adverse claims in respect of the Property; and (c) all tenancies, leases, occupiers and rights (if any) of any tenant or occupier, subsisting thereon or therefore without any obligations arising to define the same respectively. 3. If the property offered for auction comprises more than one (1) property, the Auctioneer shall have the right to regulate the sale including but not limited to the following: (a) determine or vary the order of the sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale upon the Assignee/Bank’s instructions. 4. The Auctioneer shall have the right upon the Assignee/Bank’s instructions to withdraw the property for sale at any time before the sale has been knocked down and either after or without declaring the reserve price subject to the Assignee/Bank’s instructions before such withdrawal. 5. Subject to the reserve price together with taxes [whenever applicable], the highest bidder being so allowed by the Auctioneer, shall be the successful purchaser (“Successful Purchaser”) but the Auctioneer and/or the Assignee/Bank shall have the right to refuse any bid without having the necessity to give any reason for such refusal. If any dispute arises as to any bid or bids and/or the bidding process and/or the highest bid, the Auctioneer may, after having first obtained the Assignee/Bank’s consent, at his own discretion determine the dispute or re- conduct the auction sale at the last undisputed bid or may withdraw the Property from the auction sale. 6. No bid shall be less than the previous bid and the reserve price for the Property and no bid shall be retracted. Should there be any retraction from a registered bidder(s) or the highest bidder after commencement of the auction (or after the fall of the hammer), the deposit of 5% of the reserve price placed by the said registered bidder(s) or highest bidder shall be forfeited by the Assignee/Bank and the Property shall at the absolute discretion of the Assignee/Bank be put up for sale again or the Assignee/Bank may decide to adjourn the auction sale to another date. 7. The Assignee/Bank is at liberty to bid for the property (without having to pay any deposit whatsoever). If the Assignee/Bank is the Successful Purchaser, the Assignee/Bank is at liberty to set off the purchase price against the amount due and owing under the Loan agreement/Facility Agreement/Deed of Assignment/Property Sale Agreement on the date of sale, together with all costs and expenses of the sale and all other costs and expenses whatsoever in relation to this matter. 8. Any subsidiary, related or associated company of the Assignee/Bank (“CIMB Related Company”) may bid at the auction sale and CIMB Related Company is exempted from complying with the provisions in clause 9, 10 and 14(a) of this Conditions of Sale. If CIMB Related Company is the Successful Purchaser: (a) a sum equivalent to 5% of the reserve price together with taxes (whenever applicable), shall be paid by way of fund transfer; and (b) the Balance Purchase Price together with taxes (whenever applicable) shall be paid by way of CIMB Related Company’s fund transfer within 90 days from the date of the sale or any such extended period as permitted by the Assignee/Bank (if any). 9. All intending bidders (with the exception of the Assignee/Bank) are required to deposit with the Auctioneer or the Assignee/Bank’s Solicitors a sum equivalent to 5% of the reserve price (“Deposit”) for the Property together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad prior to the auction sale. Online Bidders are subject to the provisions of Clause(s) 3.4, 3.5 and 3.6 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the deposit. Any person who intends to bid on behalf of another, corporation or firm is required to deposit with the Auctioneer prior to the auction sale a letter or any other relevant documents acceptable to the Assignee/Bank to state that he is acting on behalf of another person, corporation or firm and he is authorised to sign all the necessary documents. All intending bidders are required to verify their identities by showing the Auctioneer their identity cards (or other document(s) of identification acceptable by the Auctioneer) prior to the commencement of the auction for the purpose of verification, failing which they shall not be entitled to bid. An undischarged bankrupt is not allowed to bid or to act as an agent. If the sale is restricted to bumiputra only, the intending bidders shall be bumiputra or bumiputra Company only. 10. Immediately after the fall of the hammer, the Successful Purchaser (other than the Assignee/Bank) shall sign the Memorandum of Contract and the Deposit shall be held by the Assignee/Bank subject to the provisions of Clause 12, 15 and 16 and Online Bidders are subject to the provisions of Clause 5 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Housing Loan Agreement / Term Loan

Master Land. Title Particulars : HS(MPN 122842, Lot 76385 (formerly held under HS(D) 25206 & HS(M) 2560519715, 19716 and 19717, PT 23986 & PT 23987No. 23501, 23502 and 23503, Mukim of AmpangBatu), Daerah Ulu LangatBandar Kepong, Negeri District of Gombak and State of Selangor Darul Ehsan Tenure : Leasehold for 99 years, expiring on 11/12/2088 interest INTENDING BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. Reserve Price Price: RM108,000.00 Note RM 240,000.00 Note: Prior to the auction sale, all intending bidders are advised to:- to:- (i) inspect the property; ; (ii) conduct land searches (official as well as private); ; (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. For further particulars, please apply to Messrs ▇▇▇ ▇▇▇▇▇▇▇ & Partners, Reserve Price Hotline: 1 300-88-0811 or Log on to ▇▇▇▇.▇▇▇.▇▇/▇▇▇▇▇▇▇▇▇▇▇ EHSAN AUCTIONEERS SDN. BHD. (617309-U) DATO’HAJI ▇▇▇▇▇ ▇▇▇▇& COBIN ▇.▇. SDN. BHD. [ 200601018098 (737850-T) ] ▇▇▇▇ TELEPHONE NO HOTLINE E-MAIL WEBSITE OUR REFERENCE : ▇▇-▇▇▇▇ ▇▇▇▇ / FAX NO : ▇▇-▇▇▇▇ ▇▇▇▇ HANDPHONE NO : ▇▇▇▇ ▇▇ ▇▇▇▇ / ▇▇-▇▇▇▇ ▇▇Deposit : Bidder registration and payment of auction OUR REFERENCE : AL I N / C I M 1 4 1 5 / N H P (Whatsappiv) : ▇▇▇▇@▇▇▇▇▇▇▇▇▇obtain from the Auctioneer a copy of the Conditions of Sale.▇▇▇ : ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ : NCM/CIMB/60086 1. This sale is made by CIMB Bank Berhad (formerly known as Bumiputra-Commerce Bank Berhad that had taken over all business, assets and liabilities of Bank of Commerce (M) Berhad (that had taken over all business, assets and liabilities of Bank Bumiputra Malaysia Berhad vide a Kualla Lumpur High Court vesting Order dated 3.9.1999) vide a Kuala Lumpur High Court Order dated 6.9.2006) BANK BERHAD (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to a Juwara Homeline Term Loan Agreement and dated 15th day of October, 2010, Deed of Assignment and Power of Attorney both dated the 15th 29th day of JanuaryNovember, 1998 2010 executed by ▇ ▇▇▇▇▇▇▇▇Kong ▇▇▇▇ A/▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ A/L Palanysamy (“Assignors/Borrowers”) in favour of the Assignee/Bank and is made subject to all conditions and category of land use, express and/or implied and/or imposed upon and/or relating to and/or affecting the Property. 2. The Property is sold on an “as is where is” basis without vacant possession subject to: (a) all express and/or implied conditions, restrictions-in-interest affecting the Master Land and that which may be imposed/endorsed on the issue document of individual or strata title to the Property upon the issuance thereof; (b) all easements, covenants, charges, caveats, liabilities, (including but not limited to liabilities to the local authorities incurred but not ascertained and any rates made but not demanded) and any adverse claims in respect of the Property; and (c) all tenancies, leases, occupiers and rights (if any) of any tenant or occupier, subsisting thereon or therefore without any obligations arising to define the same respectively. 3. If the property offered for auction comprises more than one (1) property, the Auctioneer shall have the right to regulate the sale including but not limited to the following: (a) determine or vary the order of the sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale upon the Assignee/Bank’s instructions. 4. The Auctioneer shall have the right upon the Assignee/Bank’s instructions to withdraw the property for sale at any time before the sale has been knocked down and either after or without declaring the reserve price subject to the Assignee/Bank’s instructions before such withdrawal. 5. Subject to the reserve price together with taxes [whenever applicable], the highest bidder being so allowed by the Auctioneer, shall be the successful purchaser (“Successful Purchaser”) but the Auctioneer and/or the Assignee/Bank shall have the right to refuse any bid without having the necessity to give any reason for such refusal. If any dispute arises as to any bid or bids and/or the bidding process and/or the highest bid, the Auctioneer may, after having first obtained the Assignee/Bank’s consent, at his own discretion determine the dispute or re- conduct the auction sale at the last undisputed bid or may withdraw the Property from the auction sale. 6. No bid shall be less than the previous bid and the reserve price for the Property and no bid shall be retracted. Should there be any retraction from a registered bidder(s) or the highest bidder after commencement of the auction (or after the fall of the hammer), the deposit of 5% of the reserve price placed by the said registered bidder(s) or highest bidder shall be forfeited by the Assignee/Bank and the Property shall at the absolute discretion of the Assignee/Bank be put up for sale again or the Assignee/Bank may decide to adjourn the auction sale to another date. 7. The Assignee/Bank is at liberty to bid for the property (without having to pay any deposit whatsoever). If the Assignee/Bank is the Successful Purchaser, the Assignee/Bank is at liberty to set off the purchase price against the amount due and owing under the Loan agreement/Facility Agreement/Deed of Assignment/Property Sale Agreement on the date of sale, together with all costs and expenses of the sale and all other costs and expenses whatsoever in relation to this matter. 8. Any subsidiary, related or associated company of the Assignee/Bank (“CIMB Related Company”) may bid at the auction sale and CIMB Related Company is exempted from complying with the provisions in clause 9, 10 and 14(a) of this Conditions of Sale. If CIMB Related Company is the Successful Purchaser: (a) a sum equivalent to 5% of the reserve price together with taxes (whenever applicable), shall be paid by way of fund transfer; and (b) the Balance Purchase Price together with taxes (whenever applicable) shall be paid by way of CIMB Related Company’s fund transfer within 90 days from the date of the sale or any such extended period as permitted by the Assignee/Bank (if any). 9. All intending bidders (with the exception of the Assignee/Bank) are required to deposit with the Auctioneer or the Assignee/Bank’s Solicitors a sum equivalent to 5% of the reserve price (“Deposit”) for the Property together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad prior to the auction sale. Online Bidders are subject to the provisions of Clause(s) 3.4, 3.5 and 3.6 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the deposit. Any person who intends to bid on behalf of another, corporation or firm is required to deposit with the Auctioneer prior to the auction sale a letter or any other relevant documents acceptable to the Assignee/Bank to state that he is acting on behalf of another person, corporation or firm and he is authorised to sign all the necessary documents. All intending bidders are required to verify their identities by showing the Auctioneer their identity cards (or other document(s) of identification acceptable by the Auctioneer) prior to the commencement of the auction for the purpose of verification, failing which they shall not be entitled to bid. An undischarged bankrupt is not allowed to bid or to act as an agent. If the sale is restricted to bumiputra only, the intending bidders shall be bumiputra or bumiputra Company only. 10. Immediately after the fall of the hammer, the Successful Purchaser (other than the Assignee/Bank) shall sign the Memorandum of Contract and the Deposit shall be held by the Assignee/Bank subject to the provisions of Clause 12, 15 and 16 and Online Bidders are subject to the provisions of Clause 5 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Loan Agreement

Master Land. Title Particulars : HS(M) 25206 & HS(M) 25605GM 8157, PT 23986 & PT 23987Lot No. 65847, Locality of Sungai Long, Mukim of AmpangCheras, Daerah District of Ulu Langat, Negeri State of Selangor Darul Ehsan Tenure : Leasehold for 99 years, expiring on 11/12/2088 Freehold INTENDING BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. Reserve Price Price: RM108,000.00 Note RM 312,000.00 Note: Prior to the auction sale, all intending bidders are advised to:- to:- (i) inspect the property; ; (ii) conduct land searches (official as well as private); ; (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. ▇▇ ▇▇▇▇ ▇▇▇ & CO. SDN. BHD. [ 200601018098 (737850-T) ] TELEPHONE NO HOTLINE E-MAIL WEBSITE OUR REFERENCE Tel No.: ▇▇-▇▇▇▇ ▇▇▇▇ / FAX NO ▇, Fax No.: ▇▇-▇▇▇▇ ▇▇▇▇) or CIMB Bank Berhad. Contact No.: Proclamation and Conditions of Sale 03 2635 2088 or Log on to ▇▇▇▇.▇▇▇.▇▇/▇▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇ / ▇▇Deposit : E-▇▇▇▇ ▇▇▇▇ (Whatsapp) MAIL : ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ : ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ : NCM/CIMB/60086Bidder registration and payment of auction deposit must be made by 3pm, at least one (1) working day before auction date. 1. This sale is made by CIMB Bank Berhad (formerly known as Bumiputra-Commerce Bank Berhad that had taken over all business, assets and liabilities of Bank of Commerce (M) Berhad (that had taken over all business, assets and liabilities of Bank Bumiputra Malaysia Berhad vide a Kualla Lumpur High Court vesting Order dated 3.9.1999) vide a Kuala Lumpur High Court Order dated 6.9.2006) BANK BERHAD (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to a Juwara Homeline Term Loan Agreement and Facility Agreement, Deed of Assignment both and Power of Attorney all dated the 15th 11th day of JanuaryJune, 1998 2022 executed by Thanalecthumy A/P ▇▇▇▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ A/▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ A/L Palanysamy @ Nadason (“Assignors/Borrowers”) in favour of the Assignee/Bank and is made subject to all conditions and category of land use, express and/or implied and/or imposed upon and/or relating to and/or affecting the Property. 2. The Property is sold on an “as is where is” basis without vacant possession subject to: (a) all express and/or implied conditions, restrictions-in-interest affecting the Master Land and that which may be imposed/endorsed on the issue document of individual or strata title to the Property upon the issuance thereof; (b) all easements, covenants, charges, caveats, liabilities, (including but not limited to liabilities to the local authorities incurred but not ascertained and any rates made but not demanded) and any adverse claims in respect of the Property; and (c) all tenancies, leases, occupiers and rights (if any) of any tenant or occupier, subsisting thereon or therefore without any obligations arising to define the same respectively. 3. If the property offered for auction comprises more than one (1) property, the Auctioneer shall have the right to regulate the sale including but not limited to the following: (a) determine or vary the order of the sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale upon the Assignee/Bank’s instructions. 4. The Auctioneer shall have the right upon the Assignee/Bank’s instructions to withdraw the property for sale at any time before the sale has been knocked down and either after or without declaring the reserve price subject to the Assignee/Bank’s instructions before such withdrawal. 5. Subject to the reserve price together with taxes [whenever applicable], the highest bidder being so allowed by the Auctioneer, shall be the successful purchaser (“Successful Purchaser”) but the Auctioneer and/or the Assignee/Bank shall have the right to refuse any bid without having the necessity to give any reason for such refusal. If any dispute arises as to any bid or bids and/or the bidding process and/or the highest bid, the Auctioneer may, after having first obtained the Assignee/Bank’s consent, at his own discretion determine the dispute or re- conduct the auction sale at the last undisputed bid or may withdraw the Property from the auction sale. 6. No bid shall be less than the previous bid and the reserve price for the Property and no bid shall be retracted. Should there be any retraction from a registered bidder(s) or the highest bidder after commencement of the auction (or after the fall of the hammer), the deposit of 5% of the reserve price placed by the said registered bidder(s) or highest bidder shall be forfeited by the Assignee/Bank and the Property shall at the absolute discretion of the Assignee/Bank be put up for sale again or the Assignee/Bank may decide to adjourn the auction sale to another date. 7. The Assignee/Bank is at liberty to bid for the property (without having to pay any deposit whatsoever). If the Assignee/Bank is the Successful Purchaser, the Assignee/Bank is at liberty to set off the purchase price against the amount due and owing under the Loan agreement/Facility Agreement/Deed of Assignment/Property Sale Agreement on the date of sale, together with all costs and expenses of the sale and all other costs and expenses whatsoever in relation to this matter. 8. Any subsidiary, related or associated company of the Assignee/Bank (“CIMB Related Company”) may bid at the auction sale and CIMB Related Company is exempted from complying with the provisions in clause 9, 10 and 14(a) of this Conditions of Sale. If CIMB Related Company is the Successful Purchaser: (a) a sum equivalent to 5% of the reserve price together with taxes (whenever applicable), shall be paid by way of fund transfer; and (b) the Balance Purchase Price together with taxes (whenever applicable) shall be paid by way of CIMB Related Company’s fund transfer within 90 days from the date of the sale or any such extended period as permitted by the Assignee/Bank (if any). 9. All intending bidders (with the exception of the Assignee/Bank) are required to deposit with the Auctioneer or the Assignee/Bank’s Solicitors a sum equivalent to 5% of the reserve price (“Deposit”) for the Property together with taxes (whenever applicable) by bank draft or cashier’s order only in favour of CIMB Bank Berhad prior to the auction sale. Online Bidders are subject to the provisions of Clause(s) 3.4, 3.5 and 3.6 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the deposit. Any person who intends to bid on behalf of another, corporation or firm is required to deposit with the Auctioneer prior to the auction sale a letter or any other relevant documents acceptable to the Assignee/Bank to state that he is acting on behalf of another person, corporation or firm and he is authorised to sign all the necessary documents. All intending bidders are required to verify their identities by showing the Auctioneer their identity cards (or other document(s) of identification acceptable by the Auctioneer) prior to the commencement of the auction for the purpose of verification, failing which they shall not be entitled to bid. An undischarged bankrupt is not allowed to bid or to act as an agent. If the sale is restricted to bumiputra only, the intending bidders shall be bumiputra or bumiputra Company only. 10. Immediately after the fall of the hammer, the Successful Purchaser (other than the Assignee/Bank) shall sign the Memorandum of Contract and the Deposit shall be held by the Assignee/Bank subject to the provisions of Clause 12, 15 and 16 and Online Bidders are subject to the provisions of Clause 5 of the Online Terms and Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Facility Agreement