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INVITATION FOR2NDPUBLIC AUCTIONFEBRUARY 28, 2019
The Home Development Mutual Fund (Paglia FUND) Davao Housing Subcommittee on Disposition of Acquired Assets shall conduct a PUBLIC
AUCTION for the
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New day auctions refer to special auction events where assets, such as real estate or vehicles, are sold to the highest bidder, often occurring on a designated day.
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Individuals or entities that are participating in or conducting a new day auction are generally required to file.
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What is the purpose of a new day auctions?
The purpose of new day auctions is to facilitate the sale of assets through competitive bidding, ensuring transparency and fair market value.
What information must be reported on a new day auctions?
Participants must report information including auction date, item details, bidding rules, and participant contact information.
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