The Standard Group PLC has announced the sale of scrap materials, electronic waste, aluminum plates, old tyres and an Isuzu D-Max vehicle.
In a notice on November 24, the Mombasa Road-based media company said the items would be sold on the ‘AS IS WHERE IS’ basis.
Notably, the company listed the materials in 6 lots, where the first lot will include the Technical Obsolete Items/Equipment.
However, they did not provide information for the second lot, although the third lot contains the Used Studio Set Equipment/Parts.
Furthermore, ICT Equipment which includes laptops, desktops, extensions, printers and other Accessories are also available for bidding.
Also, the company is intending to sell marketing items such as used banners, flexis, signages and placards.
Additionally, there media giant also announced the disposal of Motor vehicle (Isuzu D-Max) tail ends.
Also Read: Court Orders Standard to Pay Politician Ksh 4.1M
How to bid, pay, and collect the items
Interested bidders should visit the location of the materials on Tuesday, November 28at 11am, for viewing and assessment.
Send your bids to the Tender Committee through the Standard Media Group Centre, Mombasa Road PO BOX 30080-00100, Nairobi.
The bids are to be deposited in the tender box at Standard Group Centre, main reception by Monday, 4th December 2023 by 12:00 noon.
“Proposals are set to be received latest on Monday, 4th December 2023 by 12:00 noon and to be opened by 2:00 pm in the presence of the bidders,” read the statement in part.
“All Bids should be clearly marked “Tender for Sale of Waste and Scrap Materials’.”
Additionally, the company noted that payment and collection details would be shared with the successful bidders only.
However, the media house noted that it reserves the right to accept or reject any application either wholly or in part and does not bind itself to give reasons for either rejection or acceptance.
Standard Group Woes
Noteworthy, the Standard Group has had a turbulent recent past characterized by financial constraints, mass layoffs, and loss of key staffers to competition.
Earlier in November 2023 an employee of the standard group threatened to commit suicide through a staff-employer digital meeting platform, citing frustrations over delayed salaries.
Also Read: More Woes for Standard Group as It Records Losses on NSE
The incident caused widespread uproar, with staff at the company narrating how they had worked for months without full pay.
It was after intervention by the Kenya Union of Journalists (KUJ), that the employees received their full dues for October.
KUJ gave the company an ultimatum of 14 days to come up with a payment plan- failure to which it would mobilize workers to picket and demonstrate.
“We are giving the company 14 days to come up with a payment plan with a view of settling the arrears or else we will mobilize media workers in solidarity to picket at the company’s offices countrywide,” the statement read.
