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Tecnowind Spa - Huzhou Lux Home Electrical Appliances Co. Ltd - Offers gathering
Bankruptcy n. 9/2018 - Ancona Law Court
We collect offers for the sale of 100% of the shares of the Chinese subsidiary Lux Home Electrical Appliances (manufacturing site in China) valued at EUR 599,072.00.
Offers lower than the base auction price will also be considered valid, as long as not more than 25% of the same.
Subjects wishing to participate in the competitive procedure must submit their offer and register on the site, sending the receiver to the pec address of the procedure f9.2018ancona@pecfallimenti.it by 12.00 (Italian time) on 30 june 2021 the irrevocable purchase offer by filling in the form "attachment 1" present in the attachment section.
At the end of the offer gathering, the bankruptcy trustee will proceed with the verification of any offers. In the event that at least one valid offer is received, the auction will proceed as described in point 4.3 of the sales regulations.
The best bidder resulting from offers gathering phase will take over irrevocable commitment to make at least the first increase on lot object of its offer, for minimum amount indicated in related lot webpage. This obligation will not exist if the first increase has been made by another bidder.
In the event of a single participant, first increase is mandatory for awarding.
Participation in the competitive procedure requires a security deposit of EUR 50,000.00.
To request further information regarding the documents present in the Data Room as well as access to the premises and the Bankruptcy structures, it will be necessary to fill in the appropriate forms at the bottom of the Due Diligence document in the data room, the form is present in the annex "Due Diligence Regulation".
It is also known that a special Data Room is available for the consultation of further documentation on the goods being sold, which will be accessible once signed and sent to the PEC address f9.2018ancona@pecfallimenti.it the Expression of Interest and the Confidentiality Agreement attached.
Participation in the competitive procedure requires a security deposit of EUR 50,000.00.
To request further information regarding the documents present in the Data Room as well as access to the premises and the Bankruptcy structures, it will be necessary to fill in the appropriate forms at the bottom of the Due Diligence document in the data room, the form is present in the annex "Due Diligence Regulation".
For participation modalities further information consult attached sale disciplinary.
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