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1 Your trusted Choice.

2 About Us Bidders Choice is an auction and property trading company founded on the belief that informed buyers and sellers invariably recognise integrity, respect, honesty and professionalism. This is what we unfailingly bring to each and every one of our auctions from on-site estate sales and multiple commercial or residential auctions, to our many movable events. Born from a need for a new and fresh approach, the Company was established on a solid foundation of almost two decades experience in the industry. At Bidders Choice our competitive advantage comes from our hands-on approach, and our dedicated team constantly strives to improve the auction experience for buyers and sellers alike. We believe in the auction mechanism and we wholeheartedly subscribe to the ethics and morals underpinning our industry. Our client base covers various sectors of the South African market and includes corporate enterprises, liquidators, financial institutions, government departments, as well as individuals and private investors. If you are interested in buying or selling commercial, retail, residential properties or movable assets, such as vehicles, trucks and mining equipment, Bidders Choice is the logical choice a regional auction house with national coverage. Your trusted Choice

3 Why US? Bidders Choice s experienced team of professionals successfully manages all aspects of the auction from site preparation, advertising and marketing to conducting the auction itself, as well as the final clean-up and consolidation. With our innovative marketing skills and techniques we offer our clients access to a wide range of platforms throughout the entire buying or selling process. This includes the opportunity, for both buyer and seller, to transact on auction or by private treaty. We offer associations in all the main centres, including Gauteng, Cape Town, Kwa-Zulu Natal, Bloemfontein, North West and Kimberley.

4 MANAGEMENT TEAM Managing Director Pieter Geldenhuys After completing his military service as an Infantry School officer, Pieter started out in the teaching profession. However, he continued his studies at the University of Potchefstroom at the Vaal Campus and ventured into the banking industry, where he acquired a wealth of financial skills. Pieter moved up through the ranks in the financial sector and soon became part of the management team of what was then Boland Bank. When the Bank decided to sell their Eiendomsdienste en Afslaers division to Seeff, Pieter opened up Seeff Auctions in the Northern Region. He subsequently grew this newly founded business into a solid, profitable and sustainable auction concern, and into a household name in and around Pretoria. After almost two decades in the auction industry and with a healthy passion for the business, Pieter decided to make his move and founded Bidders Choice. As a veteran auctioneer throughout South Africa and in neighbouring states, Pieter has conducted substantial mining auctions. In his personal capacity he has also presided over huge agricultural and farming-related auctions, including the sale of livestock, several game lodges and farming equipment. Pieter has also conducted many commercial multiple auctions and distinguished himself as an auctioneer of exceptional skill and versatility. Pieter firmly believes that transparency and humility are indispensable traits and that you should always treat buyers and sellers with the same dignity and respect that you expect from others. He believes trust is earned and should never be lost even under the toughest circumstances.

5 MANAGEMENT TEAM RoSlynn van der haar ADMINistration Manager With her young, fresh and dynamic approach, she has successfully completed a National Higher Diploma in Financial Management, she is dedicated, loyal and trustworthy who is a multi skilled administrator with over 13 years progressive experience. Possessing excellent organisational skills and a proven track record of building positive relationships with clients at all levels. Mark Morgan Operations Manager Mark has acquired deep knowledge of the operations and auctions environment during his 25 years of exposure. His business acumen allows for growth and expansion in all fields. He has the ability to manage resources, foster customer centricity, meet stakeholder expectations and deliver within tight deadlines. He values trust, respect, and integrity. He always strives to build lasting working relationships.

6 MANAGEMENT TEAM teaching at the John Orr Technical School in Johannesburg and in the early eighties he entered the challenging world of auctioneering with Aucor in Johannesburg. He stared off in the field of heavy Transport Vehicles, but went through the school of experience in the fields of Mining Equipment, Industrial Equipment, Earth Moving Equipment (so-called Yellow Metal ), Factory Equipment and Industrial Liquidations. Koos Boshoff GENERAL MANAGER: PLANT & EQUIPMENT With 34 years experience in the wider field of Auctioneering, Koos was mentored by several well-known names in the Industry and can be regarded as a chip off the old block with pride. Koos was born and bred in the Free State, where he completed Matric in He enrolled as apprentice motor Mechanic and obtained his red ticket after only 2 years and 8 months, whilst also completing the National Technical Certificate (N3) in the same period.. Koos is a no-nonsense what you see is what you get person with a no-negotiation stance when it comes to integrity and acceptance of accountability. He believes that trust is earned and cannot be traded for cheap popularity. His brutally frank approach to life and his work enabled him to build strong relationships all over the sub continent, ensuring a well established network of people in the industry. Going through the school of hard experience, he is able to follow a well-defined holistic approach to the liquidation of under-performing assets, resulting in a well balanced win-win situation to all parties involved, backed up by a flawless system of verified transparency. After several years on the floor he took up

7 OURVIsioN We believe that peace of mind is an important part of the deal. Bidders Choice is an auctioneering firm focussed on providing its clients with a reassuring auction experience that engenders trust and offers complete peace of mind. We consistently strive to make auctions the transaction method of choice among buyers and sellers alike. We also strive to enhance our reputation as an ethical and transparent organisation. OUR MOTTO OUR CLIENTS ARE OUR BUSINESS.

8 OUR VALUES Bidders Choice offers you uncompromising integrity through: Transparency Loyal and focused team members Honesty and reliability Dedication to the task at hand Service excellence and guaranteed quality A firm belief in our product OUR FOOTPRINT We are based locally with associates in the following provinces: Mpumalanga Nelspruit North West Province Phokeng KWAZULU-NATAL - Durban Western Cape Cape Town

9 OUR SERVICES Fixed property auctions and private treaty sales include the following sectors: Commercial properties Retail properties Commercial and Agricultural farms Game farms and lodges Development land Residential properties Apartment blocks Industrial properties Inventorying and storing of books and records Our Clients The Bidders Choice client base covers various sectors of the South African market and includes the following: Financial Institutions Banks Liquidators And Trustees Insolvency Practitioners Business Rescue Practitioners Government Departments Corporate Sellers Attorneys Agricultural Co-Ops Executors Private Sellers

10 Online Auctions We are hosting two types of auctions: Live webcasts These are traditional sales conducted by an auctioneer that take place at an auction venue. The live webcast allows the online bidder to participate in the auction in real time. Timed auctions These are online only auctions. Bids are placed over a defined time period. The highest bidder at the end of the bidding period is successful. Lots appear on your screen as they are offered in the sale Your bids are instantly relayed to the auctioneer.

11 Movables Auctions Over the past two decades the Company s founder, Pieter Geldenhuys, has gained invaluable experience presiding over some of the largest moveable auctions in the country. The Bidders Choice team has also conducted numerous movable auctions over the past few years. More recently, Bidders Choice successfully secured a strategic relationship with one of the world s most reputable online auction companies. So, if you re looking for movables without having to move yourself, our online auctions are the answer. Whichever one you choose, you get the best in both worlds online and onsite. Valuations Bidders Choice offers its clients the services of highly experienced and reputable evaluators not only for fixed property but also across the entire spectrum of movable assets. In addition to this, we also offer the services of one of the country s most experienced and skilled evaluators of specialised plants and equipment.

12 COMPANY DOCUMENTATION

13 SARIPA 2018

14 BIDDERS CHOICE (PTY) LTD P O BOX 100PETERSFIELDSPRINGS SPRINGS SPRINGS GAUTENG /01/2018 FIRM BIDDERS CHOICE (PTY) LTD NIL V /08/2017 R BIDDERS CHOICE (PTY) LTD F /12/2018 BIDDERS CHOICE (PTY) LTD R

15 GELDENHUYS PIETER DANIEL P O BOX 100PETERSFIELDSPRINGS SPRINGS SPRINGS GAUTENG /01/2018 PRINCIPAL (DIRECTOR AT FIRM) (MASTER PRACTITIONER IN REAL ESTATE) GELDENHUYS PIETER DANIEL BIDDERS CHOICE (PTY) LTD NIL V /08/2017 R GELDENHUYS, P D (MPRE) /12/2018 GELDENHUYS, P D R DIRECTOR AT FIRM

16 S.A.I.A SOUTH AFRICAN INSTITUTE OF AUCTIONEERS Certificate of Membership: P D GELDENHUYS S.A.I.A BIDDERS CHOICE (PTY) LTD THIS IS TO CERTIFY THAT THE ABOVE MEMBER HAS BEEN APPROVED, IS IN GOOD STANDING, WHO SHALL ABIDE BY THE INSTITUTE S CODE OF CONDUCT VALID FROM DATE OF ISSUE TO 31ST DECEMBER 2018 LICENSED TO SELL IMMOVABLE PROPERTIES: EAAB FIDELITY FUND NO: LICENSED TO SELL MOVABLE ASSETS: FIDELITY INSURANCE NO: AUC P.D.Geldenhuys NATIONAL CHAIRMAN FOR AND ON BEHALF OF S.A.I. MEMBER NM0025/18/01

17 S.A.I.A SOUTH AFRICAN INSTITUTE OF AUCTIONEERS S.A.I.A Certificate of Membership: Corporate BIDDERS CHOICE (PTY) LTD THIS IS TO CERTIFY THAT THE ABOVE CORPORATE MEMBER HAS BEEN APPROVED, IS IN GOOD STANDING, WHO SHALL ABIDE BY THE INSTITUTE S CODE OF CONDUCT VALID FROM DATE OF ISSUE TO 31ST DECEMBER 2018 LICENSED TO SELL IMMOVABLE PROPERTIES: EAAB FIDELITY FUND NO: LICENSED TO SELL MOVABLE ASSETS: FIDELITY INSURANCE NO: AUC P.D.Geldenhuys NATIONAL CHAIRMAN FOR AND ON BEHALF OF S.A.I. MEMBER CM0025/18

18 RECENTLY SOLD ON AUCTION WHALE ROCK, MARGATE RESIDENTIAL PROPERTY - JULIUS MALEMA, SANDOWN

19 RECENTLY SOLD ON AUCTION RESIDENTIAL PROPERTY - WEST LAKE

20 RECENTLY SOLD ON AUCTION Mapochs Mine - PROPERTY AUCTION

21 RECENTLY SOLD ON AUCTION MILK PROCESSing PLANT, MALMESBURY MARCO PLASTICS - MOVABLES AUCTION

22 RECENTLY SOLD ON AUCTION Mapochs Mine - MOVABLES AUCTION

23 RECENTLY SOLD ON AUCTION HYDRO OIL COOLING - MOVABLES AUCTION

24 RECENTLY SOLD ON AUCTION VVB CONSTRUCTION - MOVABLES AUCTION MAXISTAR - MOVABLES AUCTION

25 Tel: Fax: E- mail: Address: 97 Central Street, Houghton Postnet Suite: 160, Private Bag X1, Melrose Arch 2076

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