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PUBLIC AUCTION SALE

AUCTION DATE :20TH NOVEMBER 2016


Public Viewing Of Vehicles: 16TH-19TH NOV2016


Auction Venue: Praise Million Sdn. Bhd.  Lot 1444, Jalan Semangat, Pending Industrial Estate, 93450 Kuching, Sarawak.Tel: 082-343306 Fax: 082-349135 

Web Site Address: www.praisemillion.com.my

 


Bank
Lot No.
Location
Make & Model
Year
Engine No.
Chassis No.
Photo
A/M
Regn No.
R/C
Key
Remark
Reserve Price
C.O.S
 
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NOTE:                          
ALL INTENDING BIDDERS ARE REQUIRED TO DEPOSIT A SUM OF RM 1,000.00 AND BUYER'S PREMIUM OF RM 530.00 (inclusive 6% GST) WITH THE AUCTIONEER BY BANK DRAFT/CASH/CREDIT CARD IN FAVOUR OF PRAISE MILLION SDN. BHD. BEFORE THE COMMENCEMENT OF THE AUCTION.  FOR PAYMENT VIDE CREDIT CARD, A SERVICE CHARGE OF 3.1%  WILL BE IMPOSED.  NO PERSONAL CHEQUES WILL BE ACCEPTED.  THE SUBJECT VEHICLES WILL BE SOLD SUBJECT TO THE TERMS CONTAINED IN THE PROCLAMATION  OF SALE  AND CONDITIONS OF SALE OF THE LEGAL OWNERS.  SALE OF VEHICLE WILL BE ON "AS IS WHERE IS BASIS". ALL EXPENSES  INCURRED IN  RESPECT OF THE TRANSFER SHALL BE BORNE SOLELY BY THE PURCHASER.

 

ALL INTENDING BIDDERS ARE ADVISED TO CONDUCT THE JPJ, POLICE SEARCH AND TO INSPECT THE VEHICLE(S) PRIOR TO AUCTION SALES.

 

 

“HONG LEONG BANK BERHAD HAVE MADE IT COMPULSORY FOR THE SUCCESSFUL BIDDER TO SIGN THE DECLARATION OF SOURCE OF FUNDS FOR SUCCESSFULLY BIDDED VEHICLES  RM50,000.00 AND ABOVE, THIS IS ONLY APPLICABLE FOR SUCCESSFUL BIDDER WHO WISH TO SETTLE THE BALANCE PURCHASE PRICE  WITH “CASH TERMS” . IN THE EVENT OF A BIDDER NEGLECTING OR FAILING TO COMPLY WITH THIS CONDITION, ANY DEPOSIT PAID SHALL BE FORFEITED AND THE SUCCESSFUL BID SHALL BE DEEM TO BE NULL AND VOID. THE VEHICLE THEREAFTER SHALL BE RESOLD BY A FURTHER AUCTION AND SUCH RESALE TO BE CONSIDERED AS NEW SALE FOR WHICH THE BANK AND /OR AUCTIONEER WILL BE ENTITLED TO DO SO”

 
 

 

MAIL BIDS ARE ACCEPTABLE AND MUST BE  DEPOSITED WITH PRAISE MILLION SDN. BHD. BY NOON A DAY BEFORE THE AUCTION DAY.  ALL MAIL BIDS MUST BE ATTACHED WITH BANK DRAFT/CASHIER ORDER OF RM 1,530.00 PER BID.

 
                           
Mail bid Forms can be obtained at :  PMSB Office - Jln. Semangat, Kuching;  AmBank Kuching - Jln Hj Taha;  AmBank Sibu - Jln Blacksmith; AmBank Bintulu; AmBank Sarikei;  AmBank Lawas and AmBank Miri - Beautiful Jade Centre .   
1. All vehicles will be auctioned in Kuching (for Location Map, please login in to our Webside under 'Contact Us' )  
2. Preview listing can be obtained at Praise Million's guard house,  all bidders must countercheck with the final listing displayed at the notice board on auction day before proceeding with the bidding.  
3. Private /fleet /invidual owners are welcome to place their vehicles/machineries for auction.              
4. Bonnets and doors of vehicles will be opened & unlock for inspection two (2) days before (Friday & Saturday) auction day and no remarks will be shown in the auction listing and slide show for AMBank, HLBB Bank,AFFIN BANK, RHB Bank, RHB Islamic, Public Bank, and CIMB Banks' vehicles.  
LICENSED AUCTIONEERS :         KENNETH WONG     &      LU ENG HUI                
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