The assets of Labh Singh Harnam Singh Ltd (LSHS), Kenya’s oldest truck and bus body builder, have been put up for sale to recover a Ksh1.1 billion debt owed to KCB Group.
In a notice dated Tuesday, August 26, 2025, Phillips International Auctioneers, acting under instructions from the joint administrators of LSHS and on behalf of the chargees, invited interested parties to submit sealed bids for the company’s property, plant, and machinery.
“Invitation for Bids: Sale of Land, Buildings, Plant, Machinery and Other Equipment Through Sealed Bids. Under instructions from our principals, the joint administrators of Labh Singh Harnam Singh Limited (under administration) and on behalf of the chargees, we hereby invite interested parties to submit bids for the purchase of the following property, plant and machinery,” read the notice.
The assets on sale include the company’s 5-acre industrial property in Syokimau, Machakos County, registered under Title No. L.R. 12715/596 (I.R. 45449).
The property is accessible from Nairobi via Mombasa Road, turning onto Syokimau-Airport Road near Gateway Mall and proceeding approximately 260 meters, then another 200 meters along an earth road.
LSHS Auctions Assets to Repay KSh1.1B KCB Loan
Also on the auction block are LSHS’s plant and machinery, which supported its automobile fabrication operations.
The company specialized in body and load closure fabrication for a wide range of commercial vehicles, from light to heavy, including tankers, flatbeds, tippers, rigid containers, side loaders, and closed-top trucks.
The plant is equipped with various machines and equipment tailored for these functions. The leasehold title, granted for 99 years from November 1, 1983, has 58 years remaining.
It is registered in the name of Labh Singh Harnam Singh Limited. At the time of inspection, the property hosted interconnected godowns (forming an “H” shape), an office block, a gatehouse, and auxiliary outbuildings.
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It was fully fitted with plant and machinery for manufacturing and repairing buses, coaches, trucks, and commercial vehicle bodies, including tankers, flatbeds, tippers, containers, and side loaders.
The factory is connected to electricity, with water sourced from rain harvesting and external bowsers. Drainage is handled by septic tanks, while Mombasa Road is about 446 meters from the site. Bids for the assets close on September 24, 2025.
Conditions of Sale
- Interested bidders may obtain bid documents with full details from the auctioneer’s offices during normal working hours or download them from the website.
- All bids must be submitted in plain sealed envelopes, clearly marked BID FOR PROPERTY AND MACHINERY-L. R NO. 12715/596 and deposited in the tender box at Phillips International Auctioneers’ offices or sent via registered mail through the postal address stated above, not later than 24th September 2025 at 11:00 AM.
- Each bid must be accompanied by a refundable deposit of 10% of the bid amount payable by bank deposit or transfer into the account provided upon request.
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- The successful bidders will be required to pay the balance of the purchase price within 90 days of acceptance; failure to do so will result in the forfeiture of the deposit.
- The Vendor reserves the right to accept or reject any bid, in whole or in part, and is not bound to accept the highest or any bid.
- VIEWING/INSPECTION by interested bidders shall be done during normal working hours.
- The deadline for submission of the bids will be on 24th September 2025 at 11:00 am.
- For further details, bidders are required to contact George Muiruri via mobile numbers: 0721244842, 0722427202 or 0727872478.02 or 0727872478.
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