Checklist Prior Auction Day
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Bank draft / Banker cheque equivalent to 5% / 10% of the reserved price payable to respective bank, as stated in POS* & COS*
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Identification card (I/C) together with a photocopy of I/C (both sides)
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An Authorization or nomination letter (if you are bidding for someone’s behalf)
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Additional funds to pay the difference in deposit if there are increment in the bidding price. (5% or 10% of the successful/additional bid price)
For Sdn Bhd Buyers:
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Company M&A (Certified true copy by Company Secretary)
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Form 24 (Certified true copy by Company Secretary)
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Letter of authorization (with letterhead and Company Stamp, signed by at least 1 Director) (So called Resolution)
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Photocopy I/C of Directors
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Additional funds to pay the difference in deposit if there are increment in the bidding price. (5% or 10% of the successful/additional bid price)