BIDDING DEPOSIT. Subject To paragraph 6.1 below, all intending bidders (except the Assignee) shall deposit with the Auctioneer, prior to the auction sale, a bank draft or cashier’s order drawn in favour of BANK ISLAM MALAYSIA BERHAD for a sum („Bidding Deposit”) equivalent to ten per centum (10%) of the Reserved Price.
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Samples: eszamauctioneer.com, eszamauctioneer.com, eszamauctioneer.com