RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
1.1 This sale is made by Ambank Islamic Berhad (199401009897 (295576-U)) (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to the Facility Agreement And Deed of Assignment both dated the 20th day of January, 2022 executed by Xxxx Xxxxxxxxx Xxxx Xxx Xxxxxxxx & Xxxxx Xxxxxxx Xxxxx Xxxxx Xxxxxxx (“Assignors/Customers”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.4 In the event the subject matter offered for auction comprises more than one (1) property, the Auctioneer shall have the right to: -
(a) determine or vary the order of 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.
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by AmBank (M) Berhad [196901000166 (formerly known as 8515-D)] (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to the Deed of Assignment dated the 19th day of July, 2017 executed by Ikhmas Jaya Sdn Bhd (“Borrower”) and Exofield Property Management Sdn Bhd (“Assignor”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.4 In the event the subject matter offered for auction comprises more than one (1) property, the Auctioneer shall have the right to: -
(a) determine or vary the order of 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.
RESERVE PRICE AND BIDDING AT AUCTION. 1.1. The sale is subject to the reserve price (“Reserve Price”) of RM 480,000.00 (RINGGIT MALAYSIA: FOUR HUNDRED EIGHTY THOUSAND ONLY) No bid shall be less than the previous bid and an amount to be fixed by the Auctioneer at the auction sale and no bidding shall be withdrawn or rectracted.
1.2. Subject to the provisions of paragraph 5 below the highest bidder for the property (“Property”) described in the Proclamation of Sale shall be the purchaser thereof and the Assignee / Bank or Auctioneer shall have the right to refuse any bid. If any dispute shall arise as to any bidding, the Property shall at the option of the Assignee / Bank or Auctioneer be put up again for sale at the last undisputed bidding and the Assignee / Bank or Auctioneer may decide on the dispute and such decision by the Assignee/ Bank shall be final.
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to Facilities Agreement, Deed Of Assignment And Power Of Attorney All Dated 15th Day Of March, 2011 by NET AVENUE RESOURCES SDN BHD (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the order of sale;
(b) offer...
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by AmBank (M) Berhad (196901000166 [8515-D]) (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to Composite Loan Agreement Cum Assignment and Power of Attorney both dated 12th day of October, 2000 by XXX XXX XXX (NRIC NO.: 620916-10-6057/6883778) (“the Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so, allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date.
1.3 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings.
1.4 When system displays “No More Bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website.
1.5 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer.
1.6 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date.
1.7 In the event the subject matter offered for auction comprises more than one (1) Property, the Auctioneer shall have the right to: -
(a) determine or vary the orde...
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
(a) This sale is made by ALLIANCE BANK MALAYSIA BERHAD (“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to the Facility Agreement, Deed of Assignment And Power of Attorney all dated the 2nd day of April, 2014 and such other security documents executed by Xxxxxxxx Xxxxxxx Xxxx Xxxxx Xxxx Xxxxxx Abidin (Assignor/Borrower) in favour of the Assignee/Bank (collectively, “Security Documents”) subject to all liabilities, obligations, conditions and category of land use, express or implied or imposed upon or relating to or affecting the property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the conditions of sale as appearing in the Proclamation of Sale.
(b) The Auctioneer reserves the right to regulate the bidding and shall have the sole right to refuse any bid or bids without giving any reason for such refusal.
(c) The Auctioneer reserves the right to fix the amount of bid at the time the Property is put up for sale. Subject to the Reserve Price, the Auctioneer shall fix the sum to commence bidding and regulate the advance of each subsequent bid.
(d) No bid shall be less than the last previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale.
(e) The Auctioneer shall have the absolute right to withdraw the Property for sale at any time before the fall of the hammer and either after or without declaring the Reserve Price.
(f) In case of any dispute as to any bid, the Auctioneer may at his own option forthwith determine the dispute or put the Property up again for sale or put the Property at the last undisputed bid or withdraw the Property from the auction sale. The Auctioneer's decision thereon and on all other matters not provided for in these Conditions of Sale shall be final and conclusive in all respects if such decision is made during the course of conducting the auction.
(g) Subject to these Conditions of Sale and particularly to the Reserve Price, the highest bidder being so allowed or determined by the Auctioneer shall be the Purchaser.
(h) No bid shall be retracted or withdrawn. In the event any bidder makes a bid but withdraws the same before the fall of the hammer:-
(i) the said bidder shall have his/her/their deposit equivalent to 10% of the Reserve Price ("Bidding Deposit") forfeited forthwith to the Assignee/Bank;
(ii) the said bidder shall not be entitled to nor ...
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 This sale is made by Ambank (M) Berhad [196901000166 (8515-D)] (“the Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to the Facility Agreement, Deed Of Assignment And Power Of Attorney All Dated 29th Day Of December, 2014 executed by XXX XXXX XXXX XXXXX (“the Assignor/Borrower”) and in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the Property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale.
RESERVE PRICE AND BIDDING AT AUCTION. CONDITIONS OF SALE
(a) This sale is made by ALLIANCE BANK MALAYSIA BERHAD (“Assignee”) in exercise of the rights and powers conferred upon the Assignee pursuant to the Facility Agreement, Deed of Assignment And Power of Attorney all dated the 14th day of February, 2014 and such other security documents executed by Xxx Xxxx Xxxx (“Assignor/Borrower”) in favour of the Assignee (collectively, “Security Documents”) subject to all liabilities, obligations, conditions and category of land use, express or implied or imposed upon or relating to or affecting the property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the conditions of sale as appearing in the Proclamation of Sale.
(b) The Auctioneer reserves the right to regulate the bidding and shall have the sole right to refuse any bid or bids without giving any reason for such refusal.
(c) The Auctioneer reserves the right to fix the amount of bid at the time the Property is put up for sale. Subject to the Reserve Price, the Auctioneer shall fix the sum to commence bidding and regulate the advance of each subsequent bid.
(d) No bid shall be less than the last previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale.
(e) The Auctioneer shall have the absolute right to withdraw the Property for sale at any time before the fall of the hammer and either after or without declaring the Reserve Price.
(f) In case of any dispute as to any bid, the Auctioneer may at his own option forthwith determine the dispute or put the Property up again for sale or put the Property at the last undisputed bid or withdraw the Property from the auction sale. The Auctioneer's decision thereon and on all other matters not provided for in these Conditions of Sale shall be final and conclusive in all respects if such decision is made during the course of conducting the auction.
(g) Subject to these Conditions of Sale and particularly to the Reserve Price, the highest bidder being so allowed or determined by the Auctioneer shall be the Purchaser.
(h) No bid shall be retracted or withdrawn. In the event any bidder makes a bid but withdraws the same before the fall of the hammer:-
(i) the said bidder shall have his/her/their deposit equivalent to 10% of the Reserve Price ("Bidding Deposit") forfeited forthwith to the Assignee/Bank;
(ii) the said bidder shall not be entitled to nor have any or further reimbursements, claims...
RESERVE PRICE AND BIDDING AT AUCTION. 1.1 The sale is subject to the reserve price (“Reserve Price") of RM500,000.00 (
RESERVE PRICE AND BIDDING AT AUCTION. 2.1 The sale is subject to the reserve price (“Reserve Price”) of RM18,000.00 (RINGGIT MALAYSIA EIGHTEEN THOUSAND ONLY).
2.1 No bid shall be less than the previous bid and an amount to be fixed by the Auctioneer at the auction sale and no bidding shall be withdrawn or retracted.
