SM Group founder Henry Sy Sr dead at 94.

BREAKING NEWS. SM Group founder Henry Sy Sr died on Saturday morning, January 19. He was 94.

Sterling Bank of Asia Repossessed Cars as of December 28, 2018

AVAILABLE CARS FOR SALE

December 28, 2018

Make

Year

Color

Plate No.

Mileage

Suggested

Model

Price

No available

Toyota Innova J 2.8L

2016

Red

LTO Plate

42,512

791,000

M/T Diesel

(Conduction

No. VG6701)

No available

Toyota Vios E 1.3L

2018

Red

LTO Plate

6,076

547,000

M/T Gas

(Conduction

No A4N561)

No available

Toyota Vios E 1.3L

2018

Alumina

LTO Plate

13,182

560,000

M/T Gas

Jade

(Conduction

No A4O387)

No available

Toyota Wigo G 1.0L

2018

Gray

LTO Plate

1,571

477,000

A/T Gas

(Conduction

No. A4W542)

No available

Toyota Wigo G 1.0L

2017

Black

LTO Plate

8,386

475,000

A/T Gas

(Conduction

No. AOF302

Chevrolet Sonic 1.4L

2014

Black

ANA6157

11,804

375,000

Hatchback M/T Gas

No available

Chevrolet Trax LT

2016

White

LTO Plate

31,022

732,000

1.4L A/T Gas

(Conduction

No. WD2307)

No available

Chevrolet Orlando

2015

Black

LTO Plate

24,492

773,000

1.8L LT A/T Gas

(Conduction

No. WC1421)

Mazda 3 2.0L A/T Gas

2014

Black

AAH9841

3,735

494,000

Mazda 3 1.6L A/T Gas

2013

Red

WQU287

68,448

373,000

Mitsubishi Mirage

No available

LTO Plate

Hatchback GLX 1.2L

2015

White

30,254

335,000

(Conduction

M/T Gas

No. NJ1884)

Mitsubishi Mirage G4

No available

GLX A/T Gas

2016

White

LTO Plate

4,519

240,000

(not in running

(Conduction

condition)

No. NQ6123)

No available

Mitsubishi Mirage G4

2016

White

LTO Plate

55,606

350,000

GLX A/T Gas

(Conduction

No. NO8858)

Mitsubishi Mirage G4

2015

Gray

ABD8385

24,850

375,000

GLS A/T Gas

Mitsubishi Montero

No available

LTO Plate

Sport 2.4L GLS A/T

2017

Red

10,873

1,335,000

(Conduction

Diesel

No. B1S398)

No available

Nissan Sylphy 1.6L

2017

Black

LTO Plate

8,629

677,000

M/T Gas

(Conduction

No. 0W7617)

No available

Toyota Vios E 1.3L

2018

Black

LTO Plate

8,407

595,000

A/T Gas

(Conduction

No A2B874)

No available

Toyota Vios E 1.3L

2017

Red

LTO Plate

7,409

545,000

A/T Gas

(Conduction

No A1E135)

No available

Mitsubishi Mirage G4

2016

Red

LTO Plate

78,113

394,000

GLS A/T Gas

(Conduction

No. NO5729)

No available

Mitsubishi Mirage G4

2016

Red

LTO Plate

53,987

286,000

GLX M/T Gas

(Conduction

No. NN5710)

Mitsubishi Mirage G4

2015

White

ABI7496

136,189

374,000

GLS A/T Gas

Mitsubishi Mirage G4

2015

Red

ABP4356

29,128

292,500

GLX M/T Gas

Mitsubishi Mirage G4

2015

Gray

AWA1406

181,622

332,000

GLS A/T Gas

Mitsubishi Mirage G4

2014

Black

AAN5560

90,374

336,000

GLS M/T Gas

Nissan Almera 1.5L

2013

Black

WOJ144

63,738

300,000

A/T Base Gas

No available

Subaru Forester 2.0L

LTO Plate

2015

Blue

(Conduction

79,858

801,000

I-L CVT A/T Gas

No.

HW2133)

No available

Toyota Vios E 1.3L

2017

Blackish

LTO Plate

9,646

550,000

A/T Gas

Red Mica

(Conduction

No. VX6408)

No available

Ford Ecosport Trend

2016

White

LTO Plate

35,404

537,000

1.5L M/T Gas

(Conduction

No. IK9972)

Mazda BT50 3.2L 4x4

2015

Black

AAE6119

73,284

784,000

A/T Diesel

Mitsubishi Mirage

Hatchback GLX M/T

2016

White

ACU6333

8,916

360,000

Gas

Toyota Avanza E 1.3L

2017

Silver

AEC5933

15,266

630,000

M/T Gas

Toyota Corolla Altis V

2016

White

AEC7081

4,377

843,000

2.0L A/T Gas

Toyota Corolla Altis V

2015

Red

ABM8675

34,845

617,000

1.6L A/T Gas

No available

Toyota Vios E 1.3L M/T

2018

Black

LTO Plate

5,856

570,000

Gas

(Conduction

No. A6D407)

No available

Toyota Vios E 1.3L M/T

2018

Black

LTO Plate

4,220

590,000

Gas

(Conduction

No. A4H212)

No available

Toyota Vios J 1.3L M/T

2017

Silver

LTO Plate

3,008

500,000

Gas

(Conduction

No.A0X292)

No available

Toyota Wigo TRD 1.0L

2016

Red

LTO Plate

47,088

378,000

A/T Gas

(Conduction

No. VF8829)

Toyota Wigo G 1.0L A/T

2016

Gray

AED1431

23,539

380,000

Gas

No available

Chevrolet Sail LT 1.3L

2017

White

LTO Plate

16,159

430,000

M/T Gas

(Conduction

No. WD8219)

No available

Chevrolet Sail LT 1.3L

2017

Gold

LTO Plate

9,904

474,000

M/T Gas

(Conduction

No. WD8100)

Hyundai Elantra CVVT

2012

White

YLA877

62,200

304,000

1.6L A/T Gas

No available

Mazda 2 V Sedan 1.5L

2018

Gray

LTO Plate

3,163

713,000

A/T Gas

(Conduction

No.O0B606)

No available

Mazda 2 V Sedan 1.5L

2017

White

LTO Plate

11,208

680,000

A/T Gas

(Conduction

No. RK4269)

Mazda 2 S Sedan 1.5L

2016

White

AEC8588

24,397

515,000

A/T Gas

Mazda 2 Sedan 1.5L A/T

2012

Black

AAE9529

49,374

317,000

Gas

Mazda 3 Hatchback 2.0L

2016

Red

AEB4871

20,028

792,000

A/T Gas

No available

Mazda BT50 2.2L M/T

2016

Black

LTO Plate

35,205

734,000

Diesel

(Conduction

No.RJ8775)

No available

Mazda BT50 2.2L M/T

2016

Gray

LTO Plate

52,747

650,000

Diesel

(Conduction

No.RJ5819)

Mazda BT50 3.2L 4x4

A/T Diesel

2014

Blue

AAF2420

Defective

363,000

(not in running

Mileage

condition)

Mazda CX5 AWD Sport

2015

White

ABN3254

52,983

937,000

2.5L A/T Gas

Pearl

Chevrolet Captiva 4x2

2015

Brown

AVC1748

21,506

764,000

2.0L A/T Diesel

Chevrolet Captiva 4x2

2015

Brown

ADP3089

5,793

775,000

LS 2.0L A/T Diesel

Chevrolet Colorado 2.8L

2016

Brown

ADO8545

11,715

858,000

A/T Diesel

Chevrolet Colorado 2.8L

4x4 LTZ Tracker A/T

2016

Red

AEC2125

57,648

930,000

Diesel

Chevrolet Colorado 2.8L

2016

Orange

ADP3953

25,617

753,000

4x2 LT A/T Diesel

Chevrolet Colorado 2.8L

2015

White

AAF8375

26,502

838,000

LTZ 4x4 M/T Diesel

Chevrolet Colorado 2.5L

2015

Autumn

AAF9308

99,393

610,000

LT M/T Diesel

Brown

Chevrolet Sonic LS A/T

2015

Orange

AAG4540

22,675

400,000

Gas

Chevrolet Sonic LS M/T

2015

Black

AAG3545

30,984

364,000

Gas

Chevrolet Spark LS 1.0L

2015

Silver

ACV1749

30,208

324,000

M/T Gas

Chevrolet Spark 1.0L

2015

White

ACU9238

28,683

294,000

M/T Gas

No available

Chevrolet Trailblazer

2017

Red

LTO Plate

13,038

1,330,000

LT 2.8L A/T Diesel

(Conduction

No. WD9095)

Ford Ranger 3.2L 4x4

2016

White

ADP3124

85,797

925,000

A/T Diesel

Mazda 2 Sedan 1.5L R

2016

Red

AED7539

14,500

563,000

A/T Gas

Mitsubishi Strada GLS

Sport 2.5 4x4 M/T Diesel

2015

Red

ACV2576

89,119

536,000

(not in running

condition)

No available

Nissan Almera 1.2L Base

2018

Silver

LTO Plate

4,709

522,000

M/T Gas

(Conduction

No. F0E163)

No available

Nissan Almera 1.5L A/T

2017

Bluish

LTO Plate

33,121

395,000

Gas

Black

(Conduction

No. OY1585)

No available

Chevrolet Sail LT 1.5L

2017

White

LTO Plate

6,920

550,000

A/T Gas

(Conduction

No. WD9886)

Ford Ranger XLS 4x4

No available

M/T Diesel

2017

White

LTO Plate

68,016

480,000

(not in running

(Conduction

condition)

No. IN4525)

No available

Toyota Vios E 1.3L A/T

2018

Red

LTO Plate

5,933

669,000

Gas

(Conduction

No. A5V178)

BID INVITATION RULES AND GUIDELINES

1.     This invitation is open to the public.

2.     THE INDICATED PRICES ARE ONLY VALID UNTIL January 3, 2019.

3.     The vehicles / real estate properties / machinery are offered by Sterling Bank of Asia Inc. (the “Bank”) on an “as is, where is” basis, thus, prospective buyers are advised to personally inspect them to ascertain their actual condition and status and to likewise verify all pertaining document/s of ownership. Pictures of the vehicles / real estate properties / machinery offered for sale can be requested from the following personnel from the Acquired Assets Department of the Bank: Adrian (361-7771 or 0917-8786540), Ronald (361-7771 or 0917-6291022) or Joey (361-7766 or 0917-3058373). They may also be reached through acquired.assets@sterlingbankasia.com.

4.     Visits to the location or storage areas and/or requests for inspection of photocopies of ownership documents can be coordinated with the Bank’s personnel mentioned in the preceding paragraph.

5.     All interested parties may submit their bids in sealed envelopes to the Bank’s Office of the Audit Group

Head, 2^nd Flr. Sterling Bank of Asia Corporate Center, Ortigas Ave., Greenhills, San Juan City, Metro Manila. Bids submitted through email must be sent directly to audit department, AUDIT.BIDS@sterlingbankasia.com only. All bids received after the bidding period will be treated as negotiated sale.

6.     All bids must be submitted in the prescribed bid form and must be accompanied by a deposit in the form of a check payable to Sterling Bank of Asia Inc. amounting to Php10,000.00. In lieu of a check, a bidder may be required to deposit a reservation money amounting to Php10,000.00 for every unit. The deposit will form part of the purchase price in case the bidder wins and will be returned to the bidder in case of loss.

7.     The last day of submission of bids shall be on Thursday, January 3, 2019 3:00 p.m. The prices quoted for bidding shall be valid only up to the last day of submission.

8.     The bids will be opened and evaluated by the Bank’s Internal Audit Group Head together with a representative from the Acquired Assets Department on the next banking day following the last day of submission. The vehicles / real estate properties / machinery shall be awarded to the highest bidder. In the event of a tie, the same shall be settled by the drawing of lots.

9.     The Bank reserves the right to reject any or all intentions, to waive any formalities and to accept the offer most advantageous to the Bank. The decision of the Bank on this matter shall be final and binding.

10.  Winning bidders will be notified by Acquired Assets Department after the results of the bidding are approved by the Bank’s management. Notified winners have five (5) working days from receipt of notice to complete the purchase price either in cash or through an approved loan facility from the Bank. Failure to fully settle the bid price within the period provided herein shall revoke the winning bidder’s right to purchase the vehicles / real estate properties / machinery and forfeit his/her bid deposit in favor of the Bank.

11.  Losing bidding participants will be notified of the results the day following the Bank’s approval of the bidding results. Bid deposit checks of losing bidders can be claimed at the Acquired Assets Department of the Bank located between 7th and 8th Ave., Gracepark, Caloocan.

12.  Upon full settlement of the winning bid price or purchase price, the Bank will execute a Deed of Sale in favor of the winning bidder and release all pertinent documents within fifteen (15) working days, subject to the documentary requirements of the Bank.

13.  All Documentary Tax, Value Added Tax (if any), Transfer Tax, Notarial Fees and expenses for the preparation of the Deed of Sale and relevant documents; expenses/fees for the cancellation of previous ownership, corresponding transfer and renewal of registration (if applicable) in favor of the winning bidder, as well as other taxes and fees as may be imposed by law shall be for the winning bidder’s account.

14.  For bidding of vehicles, the winning bidder must pull out the vehicles from the Bank’s premises within two (2) working days from date of full payment, otherwise, the amount of ONE THOUSAND PESOS (PhP 1,000.00) shall be charged per day as storage fee.

For further inquiries, you may call Adrian (361-7771 or 6291022) and Joey (361-7766 or 0917-3058373). acquired.assets@sterlingbankasia.

0917-8786540), Ronald (361-7771 or 0917-They  may  also  be  reached  through