BIDDING PRICE. 4.1 Prior to the commencement of the auction sale, all persons or parties intending to bid for the property at the auction sale shall deposit with the Auctioneer a valid bank draft or cashier’s order drawn of MBSB for a sum equivalent to TEN Per Centum (10%) of the reserve price (“The Bidding Deposit”).
BIDDING PRICE. “Bidders are advised to quote the most competitive price in the initial bid as well as in the Reverse Auction (RA), wherever applicable, since there will not be post tendering negotiations with the L1 bidder under any circumstances”.
BIDDING PRICE. 4.1 Prior to the commencement of the Auction Sale, all persons or parties intending to bid for the Property at the Auction Sale shall deposit with the Auctioneer a valid bank draft or cashier’s order drawn in favour of MAYBANK ISLAMIC BERHAD for a sum equivalent to ten per centum (10%) of the Reserve Price (hereinafter called “the Bidding Deposit”);
