PROPERTY FOR AUCTION AT ALOR SETAR , KEDAH - 19 November 2025
S Shahrulnizam Sheikh Ismail - Corporate Recovery
CONFIDENTIAL
Dear All,
We wish to inform you that the Bank have properties in Kelantan and the properties will be up for auction on 19 November 2025
We enclose the Proclamation of Sale (POS) against the said properties for your kind action.
If your firm is interested to introduce a potential bidder to Bank Islam, below are our terms and conditions:-
1. To provide the following documents for our record purposes:-
i. REA License (Form K and Q).
ii. Professional Indemnity Policy of not less than RM100,000.00.
iii. Company Profile and evidence that your firm is having at least 2 real estate agent/negotiator.
iv. Acknowledgment of Anti-Bribery & Corruption Summary
2. Introduction of a bidder to us via registration exercise. Submission of the registration must be reached to us at least 3 days before the auction date. Particulars needed for the registration exercise are as follows:-
i. Bidder’s name;
ii. Bidder’s Identification No. (Company no / NRIC);
iii. Bidder’s Address;
iv. Bidder’s Contact No;
v. Bidder’s acknowledgement that you are acting as their agent.
Note :- Kindly use your company’s letter head for all writing communication with us.
3. Kindly provide us with the following supporting documents:
i. Photocopy of Bidder’s Identity Card;
ii. Photocopy of Bankers Cheque; and
iii. Letter of authorization (If the Bidder is representing a company, or other party).
4. Applicable Commission Rate is 1% (on successful basis only).
Kindly be reminded that the Bidder is required to adhere to the terms and conditions stated in Proclamation of Sale (POS).
Acceptance of submission made to Bank Islam is subject to compliance of all terms and conditions stated above. Bank Islam at its sole discretion reserve the right to reject any submission without any reason whatsoever and / or prior notice to you. Bank Islam decision shall be conclusive and final.
For enquiries, kindly call En Shahrul at 03-2782 1163 Or email me, TQ
Scan the QR below for the List For Sale/Auction for your reference (updated every 15th)
Terima Kasih / Thank you & Best Regards
S Shahrulnizam Sheikh Ismail
Deputy Manager
Corporate Recovery, Non-Retail Special Assets Management
