Worldwide Properties is experienced in conducting sales of Industrial Assets, specializing in Machinery and heavy plants, including but not limited to factories, plant, machinery and specialized equipment sale. At the same time, whether you are looking to buy or sell fine art, jewels, antiques, plant and machinery or other valuable property, WWP may be of service. Worldwide Properties also conducts auctions of movable assets including:-
- Plant & Machinery
- Antiques & Jewelry
- Arts
We prepare and handles auctions of these assets, including handling of the assets, taking of photographs, preparation of catalogs, preparation of auction documents, bidding documents, prospecting investors/purchasers, handling the auction sale and following up with payments. Contact us for more details.
Case Study:-
Auction of Rubber Gloves Factory (WRP VS AHP Sdn Bhd, 2021)
We assisted in auctioning Seven (7) lines of Rubber Production Gloves in Senawang, for a public listed company including machinery, and assets. This includes production lines of nitrile gloves. The entire auction was of movable assets were valued at RM 15 million, is a very niche practice and WWP is able to assist with such assignment. We assisted in marketing to both local and international investors, purchasers and the related industries in which we are widely and competently experienced to conduct. We undertook works in relate to preparation of Memorandum of Information and due diligence for the client in the divestment of the movable assets.
Auction of Plastic Factory (High Court of Malaya, Seng Plastic Factory Sdn Bhd, 2018)
We are assigned to undertake a major assignment in auctioning a plastic factory in Ipoh, Perak including selling hardware, machinery, transportation vehicles and assets. This includes production lines, fork lifts, lorries, computers, ventilation machines, specialized machinery and computers. The entire auction was carried out successfully and a take over was even formulated after the successful bidding. The movable assets, valued at RM 2.5 million, is a very niche practice and WWP is able to undertake such as assignment.
