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Invitation To Submit Offers: Redundant, Scrap & Obsolete Stores And Mining Equipment

Ofrecimiento de Oferta sellada,

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By order of the Joint Business Rescue Practitioners
Invitation to submit offers: redundant, scrap & obsolete stores & mining equipment
Activos destacados:
  • 150mm, 200mm stainless steel ball valves (numerous)
  • 150mm, 200mm titanium/stainless steel ball valves (numerous)
  • Fermel low profile utility vehicles (2)
  • Pneumatic actuators (large and small) (11)
  • Stores and contents (2)
  • Caterpillar 120Lp grader (1) AD30 (1) R1600 (1)
  • Toyota landcruisers (3)
  • Transformers (3)

Please note: This is an “Invitation to Submit Offers” bid. Completed bid documents are to be submitted with all supporting documentation no later than 1400 (ZA) on the 7th February 2019 at: Park Village Auction Office, Unit 10 Ferndale Mews North, 355 Oak Avenue; Ferndale, Johannesburg. You are required to include in your bid a 20% deposit of your cumulative highest bid amount. Final winning bidders will be notified NO later than the 15th February 2019 at 1700 (ZA).

Please refer to the bid documents for more detailed information.

Auction notes:
Please note that in order to register to this auction we require; proof of payment and FICA documentation
Aviso para los compradores:
Comisión al Comprador: 10%
VAT/Tax: 15%
Inspection details: viewing dates: 5, 6, 7 Feb 2019 from 0900 to 1500. Please call to make an appointment
Payment type: Wire Transfer,
  • Payment date: Payment within 24hrs from confirmation of the Business Rescue Practitioners
  • Equipment removal date: By Prior Arrangement and Appointment only, before 02 March 2019
    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 assets will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the assets prior to the auction.
    • The Sale of the assets 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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    Moneda: South Africa Rand
    Subastador: GoIndustry DoveBid S.A. (Pty) Ltd.
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    Información del Evento
    Ubicación: Klerksdorp, North West, South Africa
    Due Diligence Started: 7 Feb 2019 4:00 PST
    Fecha límite para envío de ofertas: 7 Feb 2019 4:00 PST
    Datos de contacto
    Contacto: Albert de Menezes
    País: Sudáfrica
    Teléfono: +27 (0)76 795 3249
    Teléfono 2: +27 (0)21 702 3206
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