Wednesday 16th June, CIC General Insurance Ltd sell of huge assortment of iron sheets through online auction

Duly instructed by our principals, CIC GENERAL INSURANCE LTD, we shall sell the HUGE ASSORTMENT OF IRON SHEETS THROUGH OUR ONLINE BIDDING PLATFORM: www.phillipsauctioneers.co.ke, on WEDNESDAY 16TH JUNE 2021 FROM 1100 TO 1300HRS.

ITEM DESCRIPTION QUANTITY
MABATI  3,626 PCS

CONDITIONS OF SALE:

  1. Viewing of the building will be through our Website phillipsauctioneers.co.ke to verify the details, as these are not warranted by the Auctioneer or our principals. However, physical viewing WHERE EXTREMELY NECESSARY will be done at MABATI ROLLING MILLS LIMITED NAIROBI by appointment through our office in conjunction with our Principals.
  2. SALE will be “ON – AS –IS – WHERE – IS – BASIS”.
  3. Interested bidders are required to pay a refundable deposit in form of a BANKERS CHEQUE in favour of PHILLIPS INTERNATIONAL AUCTIONEERS of 50,000.00 to obtain a bidding number.
    STRICTLY BANKERS CHEQUES
  4. The declared purchaser will pay through DIRECT DEPOSIT INTO THE BANK ACCOUNT TO BE PROVIDED AFTER THE AUCTION.
  5. Successful bidder will pay 25% of the bid amount at the end of the Auction (inclusive of deposit indicated in note 3 above).  The balance of 75% of the sale proceed shall be paid by close of business FRIDAY 18TH JUNE   The buyer will forfeit any amounts paid if he fails to pay the balance within the stipulated period.
  6. Sale is subject to reasonable reserve prices.

NOTE:

  1. THE DEADLINE FOR ISSUING BIDDING NUMBERS AND CATALOGUES WILL BE BY CLOSE OF BUSINESS TUESDAY 15TH JUNE 2021
  2. FOR MORE DETAILS, PLEASE CONTACT: 0721 244842 OR VISIT OUR WEBSITE: phillipsauctioneers.co.ke

Comments (2)

  1. kingsbury

    SECOND WINNER

    • phillips

      Congrats for emerging the highest bidder. We look forward to your patronage.

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