RM1mil auction wraps up long-awaited sale of Vida’s assets

RM1mil auction wraps up long-awaited sale of Vida’s assets

Businessman Norzamri Abdullah was the successful bidder at 1.40pm after another bidder withdrew from the auction.

datuk vida
The Ipoh High Court in 2023 had ordered cosmetics mogul Hasmiza Othman, better known as Vida, to pay the amount owed to Ah Design Communication Sdn Bhd for renovations to turn a Shah Alam factory into a studio. (Bernama pic)
PETALING JAYA:
The long-delayed auction of assets belonging to cosmetics mogul Hasmiza Othman, better known as Vida, concluded in Ipoh, Perak, with the successful bidder paying RM1 million for three luxury vehicles and more than 700 personal items.

Utusan Malaysia reported that the auction was conducted at 10.30am today at Hasmiza’s residence in Meru Heights, involving two bidders.

Licensed auctioneer S Punithawathi announced businessman Norzamri Abdullah as the successful bidder at 1.40pm after the other bidder withdrew from the auction.

The luxury vehicles auctioned were a Toyota Vellfire, Toyota Grand Hiace, and BMW X7.

Meanwhile, the personal items auctioned included a piano, electric guitar, sofa and dining sets, flower vases, television sets, air conditioning units, massage beds, carpets, telescopes, dressing tables, curtains, karaoke sets, and grandfather clocks.

In November last year, it was reported that every item in a house belonging to Hasmiza had been seized by the Kuala Lumpur High Court over her failure to pay more than RM1.06 million to a contractor who renovated one of her factories.

On Oct 29, 2023, the High Court reportedly ordered Hasmiza to pay up the amount owed to Ah Design Communication Sdn Bhd from 2018 for renovations carried out at a Shah Alam factory to turn it into a studio.

Samir Zainal, who represented the claimant, confirmed that one bidder had withdrawn after failing to meet the court’s minimum bid requirement of RM1 million.

He said the successful bidder must complete payment to the court by 4.30pm today.

“I was informed that the items purchased will not be removed today – only the payment will be made to the court,” he said.

Samir also said the remaining RM100,000 owed by Hasmiza would be determined later following further instructions and discussions with his client.

“There’s still an outstanding amount, including interest, of around RM100,000, and I’m waiting for further instructions from my client. I understand that additional claims will be made, meaning the process is not over yet,” he said.

The auction was initially scheduled for Dec 9, 2024, before it was postponed to January 2025 and delayed again until today.

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