Mazad to host third auction of unique vehicle number plates

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Manama, Oct. 11 (BNA): Mazad, in association with Arabian Auction, announced that its third physical auction of unique new private vehicle number plates will be held on October 24. 


25 unique number plates from the new 630000 category will be offered for sale at the auction. The third physical auction follows two successful physical auctions that attracted a wide range of spectators and participants and received broad engagement across the community. The new private vehicle number plate auction has also generated significant interest and promises to enrich the experience for all participants, reflecting Mazad’s commitment to creating a diverse, engaging auction service in the Kingdom.


The auction will be held on Wednesday 24 October at 6pm at the Bahrain Ballroom in the Four Seasons Hotel, with pre-registration to take place at the auction site starting from 1:00pm.


Registered participants from all nationalities will have the opportunity to participate in the auction and will be able to purchase an unlimited number of private vehicle number plates; an official certificate of ownership will be awarded to successful bidders upon completing the payment process within ten days of the auction closing date.


Those who wish to participate in the auction must place a deposit upon registration. If the participants bid is unsuccessful, the cheque will be returned to the owner immediately after the auction. Those who wish to participate in the auction on behalf of another individual are required to present a power of attorney that allows them to register and submit offers on behalf of a client.


 To be eligible to bid on all numbers, a refundable blank cheque must be deposited. To be eligible to bid on numbers with a starting bid price of BHD 500 and below, a refundable deposit of BHD 1000 must be paid by either cheque or credit card.


The numbers due to be auctioned can be found on Mazad and Arabian Auction’s social media accounts (@MazadBahrain) (@arabianauction) or at http://www.arabian.auction/en-gb/


 


 


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BNA 0928 GMT 2018/10/11