ONLINE AUCTION: VARIOUS MINING, ELECTRICAL AND PLANT EQUIPMENT IN SOUTH AFRICA
ONLINE AUCTION OF TRANSFORMERS, MOTORS, SUBSTATIONS AND VARIOUS MINING MACHINERY.
ALL LOTS TO BE SOLD SUBJECT TO CONFIRMATION TO HIGHEST BIDDER.
ALL REQUIRED DOCUMENTS FOR THIS AUCTION CAN BE FOUND ON OUR BIDDING PLATFORM OR ON OUR WEBSITE (AT THE BOTTOM OF THIS PAGE).
PLEASE ADHERE TO ALL COVID-19 RULES AND REGULATIONS IMPLEMENTED BT THE MINISTRY OF HEALTH DURING VIEWING AND COLLECTION OF ASSETS.
WHATSAPP LINE:
SOUTH AFRICA: (+27) 83 230-7300
PANAMA: (+507) 6889-8047
REGISTRATION DEPOSITS AND CURRENCY PAYMENTS
ACCEPTED CURRENCY: ZAR OR USD
REGISTRATION DEPOSIT OF R5000 OR $500 REQUESTED.
ALL FICA/DUE DILIGENCE DOCUMENTS MUST BE SUBMITTED ALONG WITH REGISTRATION FORM AND PROOF OF DEPOSIT PAYMENT TO auctions@panabid.com
BUYER’S PREMIUM
10% BUYER’S PREMIUM CHARGED ON ALL LOTS SOLD.
SALES TAX AND OTHER EXPENSES
15% VALUE ADDED TAX (VAT) ON PURCHASE PRICE (HAMMER PRICE).
15% VALUE ADDED TAX (VAT) ON BUYER’S PREMIUM.
R2500 (OR $250) CHARGE ONLY FOR LOTS WITH NATIS DOCUMENTS
VIEWING
DURING NORMAL WORKING HOURS
MONDAY – FRIDAY BETWEEN 08:00 TO 16:00 CAT
VIEWING CONTACT PERSONS
WITHIN SOUTH AFRICA:
NIMSI/PANABID AFRICA OFFICE: (+27) 13 691-2123/(+27) 13 691-1293 OR nimsi1@live.com
ANRIE LLOYD: (+27) 72 255-0080
SINDIE SCOTT: (+27) 79 495-1311
ANUCIA HACK: (+27) 82 091-6138
WITHIN PANAMA:
ARTHUR LLOYD: (+507) 6230-1456
SAMANTHA LLOYD: (+507) 6889-8047
ASSET COLLECTION
DURING NORMAL WORKING HOURS
MONDAY – FRIDAY BETWEEN 08:00 TO 16:00 CAT
COLLECTIONS & REMOVALS
21 WORKING DAYS FROM CONFIRMATION OF ASSETS, MORE TIME CAN BE ARRANGED IF NEEDED.
ALL ASSET REMOVAL COSTS ARE AT BUYER’S OWN EXPENSE.
CRANE FACILITIES ARE AVAILABLE FOR HIRE, DETAILS CAN BE SUPPLIED IF REQUESTED.
TRANSPORT SERVICES AVAILABLE FOR HIRE, DETAILS CAN BE SUPPLIED IF REQUESTED.
LIMITED ASSISTANCE WILL BE GIVEN BY NIMSI/PANABID AFRICA PERSONNEL.
INVOICING & PAYMENTS
ALL INVOICING WILL BE DONE ON CONFIRMATION OF ASSETS.
INVOICES WILL BE SENT VIA EMAIL TO SUCCESSFUL BUYERS.
ALL PAYMENTS CAN ONLY BE MADE VIA WIRED/ELECTRONIC BANK TRANSFERS.
EXCHANGE RATE AS ON CLOSING DAY OF AUCTION FOR CUSTOMERS PAYING IN USD.
RELEASE OF ASSETS
ASSETS WILL ONLY BE RELEASED ONCE FULL PAYMENT REFLECTS IN THE NOMINATED BANK ACCOUNT OF PANABID AFRICA.
PROOF OF PAYMENT FOR ASSETS MUST BE GIVEN TO TRANSPORTER OR SHIPPING COMPANY THAT COLLECTS ASSETS.