Buyers Guide

Documents Needed for Bidding

What do you need to prepare/bring on Auction Day?

For Individual Buyers:

1.	A bank draft/cashier’s order equivalent to 10% of the fixed reserve price payable to AAA AUCTIONEERS as stated in POS*
2.	Identification card (I/C) together with a photocopy of I/C (both sides)
3.	An authorisation/nomination letter (if you are bidding for someone’s behalf)
4.	Additional funds to pay difference between reserve price and successful bid price. ( 10% of the successful/additional bid price)

For Corporate buyers:

1.	Company M&A (Certified true copy by Company Secretary)
2.	Form 9 (Certified true copy by Company Secretary)
3.	Form 49 (Certified true copy by Company Secretary)
4.	Letter of authorization (with Letterhead and Company Stamp, signed by all Directors)
5.	Photocopy I/C of Directors
6.	Identification card (I/C) together with photocopies of I/C (both sides) of person being authorized to bid for identification and registration purposes
7.	A bank draft/cashier’s order equivalent to 10% of the fixed reserve price in favour of AAA AUCTIONEERS as stated in POS*
8.	Additional funds to pay the difference between the deposit paid upon registration. (10% of the successful/additional bid price)

Note: A person who has not reached the age of 18 (minor) or Bankrupt shall not be permitted to participate for the auction bidding.

* POS Proclamation of Sale * COS Conditions of Sale