AUCTION SALES!
NOTICE OF SALE OF ASSETS OF LIMEX GLOBAL INDUSTRIES LIMITED (IN RECEIVERSHIP)
DEADLINE: 23RD OCTOBER, 2020

Pursuant to the Order of the Federal High Court made on the 23 July, 2020. Mr. Kenneth C. Ahia. SAN, as the Receiver/Manager of Limex Global Industries Ltd. (In Receivership) offers the following assets for sale by bid.

  • All intellectual properties of LIMEX including its brand names, which includes but not limited to:

(i) MISS BIMBO ALL IN ONE EXTRA POWER DETERGENT & LOGO’,

(ii) MISS BIMBO MULTI PURPOSE SOAP

(iii) SAY YAY DETERGENT

(iv) WASHA MULTIPURPOSE SOAP.

  • A fully functional factory located at No. 22B, Happy Home Avenue, Kirikiri Industrial Estate, Apapa, Lagos State (expired lease). The factory houses the following:

(A) Plant and machinery

(B) Furniture, Fittings and Equipment

(C) Motor Vehicles

(D) Raw materials

(A) PLANT AND MACHINERY

The plant and machinery assets belonging to LIMEX include:

(i) Tower detergent plant

(ii) Detergent/perfume mixing plant

(iii) Detergent and Bar Soap production and processing plant

(iv) Automatic sachet packaging machines

(v) 500 KVA Transformer

(vi) Generating set with a combined total capacity of 710 KVA

(v) Storage tanks.

(B) FURNITURE, FITTINGS AND EQUIPMENT

(i) Fully furnished offices with office tables, chairs, computers, laptops, air conditioners among others.

(ii) Fully furnished conference rooms and visiting lounges.

(iii) Well-equipped Quality control laboratory

(C) MOTOR VEHICLES

The motor vehicles are those used for the transportation of goods and personnel. These include: delivery buses and SUVs, amongst others.

(D) RAW MATERIALS

These include:

(i) Caustic sail

(ii) Detergent Perfume

(iii) Complete sets of packaging materials

ASSETS IN KANO STATE

(A) Motor Vehicles.

(i) NSR 157 XU (J5 Boxer Van)

(ii) FKJ 743 XR (Toyota Hiace Bus) Moveable but in need of repairs.

(iii) LND 273 XG (Mitsubishi)

(iv) FKJ 742 XR (Toyota Hiace)

(v) DKA 694 XA (Mitsubishi)

With engine problem

(v) LSR 945 XE (Toyota Hiace)

(vi) Movable located in Kebbi State.

(vii) RGG 440AAA( Toyota 4Runner) Moveable.

(B) Office furniture

Chairs, tables, desktop computers. HP printer, air conditioners, amongst others.

(C) Household Items

(i) A 75KW Maxi Generator,

(ii) Four nos. NEXUS Solar Batteries,

(iii) NEXUS Inverter. Solar Panel and other household furniture and fittings.

CONDITIONS OF SALES
(A) Offers will only be accepted for all the assets ‘AS AWHOLE’ or for specific Items.

(B) Bids should be sent in sealed envelopes and addressed to: The Receiver Manager – Limex Global Industries (In Receivership) Plot 14, Block 109, Henry Ojogho Crescent, Off George Enenmoh by Ikate Bus Stop, Lekki Phase 1, Lagos State Or by email at info@kenahialaw.com  within 7 days from the day of this publication (on or 23 October 2020)

(C) The received bids will be opened by 3 days after the close of submission (26th October 2020 ) and the highest bidder shall be invited to purchase the assets subject to paragraph D below.

(D) The sale to the highest bidder is subject to the consent of the secured creditors of LIMEX.

FOR FURTHER NOTICE AND INSPECTION CONTACT:
Antiaobong Akpan. Esq. via: 0909 085 0908 or antiaobong@kenahialaw.com
Joseph Ajah, Esq. via 0907 642 7379 or joseph@kenahialaw.com