Mazad announces draw on two unique numbers

Mazad in cooperation with Arabian Auctions has announced an update to their fourth public auction that will feature a new set of unique vehicle license plate numbers at 6 pm, Saturday, at the Four Seasons Hotel, Bahrain Bay.

Raffle draw

The Auction will involve a raffle draw for two new unique vehicle license plate numbers. Interested participants should arrive before the start of the auction to receive their raffle tickets.

Auction attendance and participation are open for everyone with no limits on the number of unique vehicle license plate numbers that participants can bid on.

Registered participants can buy and own the unique plate numbers after finalising the payment of the full amount within ten days from the closing date of the auction, after which respective ownership certificate is issued.

Open insurance cheque

Furthermore, participants are required to deposit an open insurance cheque upon registration, which will be returned immediately to its owner upon conclusion of the auction in the event that none of their respective bids is successful.

Power of attorney

Participants bidding on behalf of other individuals must submit a legal power of attorney (proxy) that allows them to register and submit offers on behalf of their client.

It should also be noted that individuals who are interested in participating in auctions starting at a minimum amount of BD500 or less are required to pay a refundable amount of BD1000 by cheque or credit card.

The list of available unique numbers can be viewed on Mazad’s social media account @mazadbahrain or Arabian Auction’s account @arabianauction as well as the website www.arabian.auction.