A special sale of 96 gem lots and 3,339 jade lots in local currency Kyat is being conducted through an open tender bidding system in Nay Pyi Taw, with the aim of providing raw gems and jades to local merchants.
Raw gems and jade stones were displayed inside and outside the Mani Yadana Jade Hall in Nay Pyi Taw from yesterday morning. Local merchants inspected the lots on display. Mainly jade lots are being
put up for sale at the exhibition, which began on 12 November.
On 12 and 13 November, 96 gems lots were put on display. They will be sold through an open tender bidding system.
The jade lots will be displayed up to 14 November. Lot numbers 1 to 1,150 (totaling 1150 jade lots) will be sold on 15 November, lots 1,151 to 2,300 (totaling 1150 jade lots) will be put up for sale on 16 November, and lots 2,301 to 3,339 (totaling 1039 jade lots) will be sold on 17 November through open tender bids.
The gems and jade lots will be displayed until the evening prior to the day of the sale. The names of successful buyers, lot numbers, and values will be shown on Kiosk machines and display boards.
A total of 1,186 gems merchants and businesses have registered for the sale, which ends on 17 November.
(Translated by Thandar Aung)