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1. Auctioned debt: The debt of Thanh An An Co., Ltd at Joint Stock Commercial Bank for Investment and Development of Vietnam - Quang Trung Branch (hereinafter referred to as the “Debt”) includes all principal and interest by the time the debt sale is carried out.
- The total outstanding as of 30 November 2019 is VND107,348,791,755 (In words: One hundred and seven billion, three hundred and forty eight million, seven hundred and ninety one thousand, seven hundred and fifty five Vietnamese dong), in which the principal is VND50,779,168,000, interest and fine is VND56,569,623,755.
- Collateral of the debt: 30 land use rights: urban residential land (housing construction) located at Phong Phu Commune, Binh Chanh District, Ho Chi Minh City owned by Thanh An An Co., Ltd under the Certificates of land use rights.
2. Auctioned debt belonged to: Joint Stock Commercial Bank for Investment and Development of Vietnam
Address: 35 Hang Voi, Hoan Kiem District, Hanoi
3. Auction institution: Truong Thinh Auction Company
Address: 46 Street no. 2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City
4. Starting price: VND 115,400,000,000 (In words: One hundred and fifteen billion, four hundred million Vietnamese dong).
5. Deposit: VND 11,540,000,000 đồng (In words: Eleven billion, five hundred and forty million dong) equivalent to 10% of the starting price.
6. Price of auction documents: VND 500,000/set
7. Time and place for purchasing and receiving auction documents: From the date of posting the debt auction to 17:00 on 6 January 2020 at the head office of Truong Thinh Auction Company and at BIDV Debt Treatment Center – Address: 6th floor, no. 24 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City – Tel: 028.62762586/0947907554
8. Time and place for reviewing the debt: From the date of posting the debt auction to 17:00 on 6 January 2020 at the head office of Truong Thinh Auction Company
9. Deadline for deposit: During office hours on 6 January 2020, 7 January 2020 and 8 January 2020, unless otherwise agreed by the auction institution and participants but before the opening of the auction.
- Eligible organizations and individuals wishing to participate in the auction submit a valid application and place the deposit to Truong Thinh Auction Company as prescribed.
10. Time and place of auction: At 09:00 on 9 January 2020 at the head office of Truong Thinh Auction Company, address: 46 Street no. 2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City.
11. Form and method of auction: Oral bidding up.
© 2018 Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV)
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