Lot 797: Landscape in the style of Xu Bei Hong 徐悲鸿 (1895 - 1953), 1915 Oil on canvas, framed

I. GUIDE FOR PROSPECTIVE BUYERS (Timed Auction: 30 April - 8 May 2016)

1. VIEWING
All goods are offered "as is". No Physical viewing of all lots are available.
Please note that condition reports are not available on all lots.

2. GUIDE FOR SUCCESSFUL BIDDERS
Sold and paid lots can be collected from Tuesday, 10 May 2016 until Tuesday, 17 May 2016
At
CROWN WAREHOUSE
36 Pioneer Road Singapore 628504.
Collection Time: 10am to 4pm.

Successful Bidders will have to show "Clearance to Pick-up" given by One East Larasati via email.

II. CONDITIONS OF BUSINESS

Buying at Timed Auction
The following pages are designed to give you useful information on how to buy at One East Larasati online auction. Bidding will be via a timed auction available on www.invaluable.com (herein referred to as Invaluable) and also at www.larasati.com (herein referred to as the Company). There will be a 3% SURCHARGE for bidding through "invaluable" as the "only" appointed service provider for this timed-auction.

1. BEFORE THE AUCTION

Pre-sale Estimates
The pre-sale estimates are intended as a guide for prospective buyers. Any bid between the high and the low pre-sale estimates would, in our opinion, offer a fair chance of success. However, all lots, depending on the degree of competition, can release prices above the pre-sale estimates.

Reserves
The reserve is the minimum price the seller is willing to accept below which the lot will not be sold.

2. THE AUCTION

Conditions of Business
The Auction is governed by the Conditions of Business available in this website. These Conditions of Business apply to all aspects of the relationship between the Company and actual and prospective bidders and buyers. Anyone considering bidding in online auction should read them carefully.

Bidding at Timed Auction
By placing a bid you confirm that you are satisfied with the picture or description of the Lots provided on the Website and that the information provided on the Website constitutes a sufficient level of information to enable you to make an informed decision to buy the Lot you are bidding for.

When you register with us, you will be required to supply your name, email address and other contact information. Please ensure that you keep your password secure. You must provide us with accurate and up-to-date information. You acknowledge that we may suspend or terminate your use of the Website if it appears any of the registration information provided by you is inaccurate in any material respect.

The Website may contain content which may be considered offensive or unsuitable for minors. Please also note that the Lots may contain images that may be harmful to or may be unsuitable to view by anyone under 18 years of age. It is the parents' or guardian's responsibility to ensure that access to such content is restricted for their children.

You must not take any action that may interfere with the Website, insert into or submit through the Website any viruses, Trojans or any other variation on type or version of software or malware that could have the effect of compromising the operation of the Website.

You also agree not to undermine, manipulate or otherwise interfere with the bidding system, for example bidding to drive up the bid price, or bidding without intending to pay the bid price if you win the Auction.

We are not responsible for any imperfections in the execution of the computer programs by the server or by the computer itself.
Please note that there is a time lag between the real time current bid with the current bid shown on the computer screen especially when multiple biddings are taking place at more-or-less the same time.

Any breach by you of these Terms and Conditions will lead to the automatic termination of your right to access the Website and make a bid.

Please be aware that by bidding on any of the Lots you will be entering into a binding agreement by which you are committing to buy the Lot you have bid on and pay the price you have bid.

Once registered you will be able to bid by clicking on the icon of your chosen Lot and a new page will open. You will then be asked to confirm your bid. Once you have placed a bid, you will not have any right to withdraw or cancel that bid.

Bidding Increments
Bidding generally opens below the low estimates and advances in the following increments:

SGD 0 - 100 by SGD 20
SGD 100 - 1,000 by SGD 50
SGD 1 - 2,000 by SGD 100
SGD 2 - 5,000 by SGD 200
SGD 5,000 - 10,000 by SGD 500
SGD 10,000 - and above by SGD 1,000

Please note that Prospective Buyers are allowed to bid up with an increment higher than the standard bidding increment.

Successful Bids
If your bid is successful, then you must make full payment using direct or electronic bank transfer within 72 hours after the end of the Auction. Invoice will be emailed to successful bidders within 8 hours after the end of the auction. Kindly note that there will be NO buyer's premium APART FROM the 3% surcharge imposed by "invaluable" on every purchase on this online auction.

Currency Conversion
Bidding is carried out in Singapore Dollars, but the Company may provide a currency conversion for the convenience of bidders. Please note that figures shown in foreign currencies are only approximates and do not represent exact exchange rates. Payment will be requested in Singapore Dollars.

3. AFTER THE AUCTION

Payment
Payment must be made within 72 (seventy two) hours after the online auction ends and may be made by transfer direct to One East Larasati's account or One East Asia's Account at:
Bank Name : Hongkong and Shanghai Banking Corporation (HSBC)
Branch : 1 QUEEN'S ROAD, CENTRAL, HONG KONG
Account Name : ONE EAST LARASATI HK LIMITED
Account Number : 808-515266-001
Swift Code : HSBCHKHHHKH

Or

Bank Name : Standard Chartered Bank (Singapore) Limited
Branch : 6 Battery Road Singapore 049909
Account Name : One East Asia Pte Ltd
Account Number : 0310055474
Bank Code : 7144
Branch Code : 003
Swift Code : scblsg22xxx

Please include your name and invoice number with your instructions to your bank. Property will not be released until full payment has cleared. The Company does not accept credit cards as payment for purchase.

Shipping
The Company does not ship. You can have your own shipper handle your purchases. Please contact the shipper to arrange for packing and pick up your items. We request that your shippers schedule pick up times at least 24 hours in advance, this will insure no delays in pick up and release of your purchases.

Any damage caused to the Lot in transit will be the responsibility of the successful bidder and transport agent. We will not be liable for any loss of or damage to the Lots in transit and we recommend that you put suitable insurance in place.