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ArcelorMittal Ltd Online Auction - South Africa - Sale 5

Online Auction,

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By order of ArcelorMittal Ltd
Online auction in South Africa of unused and used mining equipment and spares featuring items like Store Stock Items, Graders, Tipper Trucks and more
Featuring:
  • Grader
  • Tipper truck
  • Vehicles
  • Lathe
  • Plate lifters
  • Tooling tips
  • Abrasive cutter
  • Store stock items
  • Winches
  • Air coolers

Notice to purchasers:
Buyers premium: 16%
VAT/Tax: 14%
Inspection details: Strictly by appointment 1 - 3 December 2014 only
Payment date: 11 December 2014
Payment type: Wire Transfer
Collection date: 18 December 2014
Additional notes: This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008 Consumer Protection Act 68 of 2008 – Regulations
The Bidders attention is drawn to the following:
  • The Rules of Auction can be found under the "Downloadable Documents" tab
  • The asset will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the asset prior to the auction
  • The Sale of the asset is non-suspensive and not subject to any feasibility or any other condition required by the buyer
The Sale by auction is subject to
  • A reserve or upset price
  • All prospective bidders must register prior to the auction and such registration requires proof of identity and residence (FICA) as contemplated in regulation 26;
  • A refundable deposit may be payable by a bank guaranteed cheque or Electronic Fund Transfer (EFT). Kindly provide proof of deposit
  • The auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of third parties
  • The Auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of seller but, if on behalf of the seller, not at or in excess of the reserve price


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Currency: South Africa Rand
Auctioneer: GoIndustry DoveBid S.A. (Pty) Ltd.
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Event Closed
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Event Information
Location: Various locations throughout South Africa
Started: 1 Dec 2014 10:00 AM PST
Lots closing from: 4 Dec 2014 5:00 AM PST
Closing Type: Concurrent
Contact Details
Contact: Herman Liversage
Telephone: +27 (0)82 452 8811
Telephone 2: +27 (0)21 702 3206
Shipping Information
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