BIDV annouces the debt auction of Nam Son Construction and Trading Joint Stock Company

Publish date
23/10/2020

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BIDV announces the debt auction of Nam Son Construction and Trading Joint Stock Company as follows:

1. Property auction

1.1. Asset name: Liabilities of Nam Son Construction and Trading Joint Stock Company at Vietnam Joint Stock Commercial Bank for Investment and Development (hereinafter referred to as "Debt"), including all principal outstanding and outstanding interest debt arising up to the time of selling debt transaction.

- All outstanding principal and interest arising of Nam Son Trading and Construction Joint Stock Company up to the time of sale is VND 245,687,503,204 (of which principal is VND 126,443,398,608, interest debt is VND 88,736,949,590) overdue debts and interests 30,507,155,007 VND).

- Collateral of the debt:

+ House and land use rights according to Certificate of house ownership and land use right No. 10107333208, area: 84.7m2, at: Group 52, Vinh Tuy ward, Hai Ba Trung district, Hanoi . Owners: Mr. Nguyen Kim Thanh and Ms. Nguyen Minh Tam.

+ House and land use right according to Certificate of house ownership and land use right No. 10107333880, area: 69.2 m2, at address: No. 480, Minh Khai street, Vinh Tuy ward, district Hai Ms. Trung, Hanoi. Owners: Mr. Nguyen Kim Quan and Ms. Vu Thi Lan Anh.

+ All contributed capital and benefits arising from the contributed capital value of Nam Son Trading and Construction Joint Stock Company to Hung Yen Steel Investment and Trading Joint Stock Company.

+ The right to develop and operate a project on building - operating infrastructure of a new urban residential area northeast of Cai Rong port, Van Don district, Quang Ninh province, invested by Nam Son Construction and Trading Joint Stock Company. .

+ Apartment No. 214 No5 Apartment, area: 73.43 m2, housing area Phap Van, Tu Hiep, Hoang Liet, Hoang Mai, Hanoi, issued to Mr. Trinh Binh Nguyen under the land use right certificate AD 519625 ; Number entered in the book of issuance of the certificate: 01227 1580 / QD - UB issued by the People's Committee of Hoang Mai District, Hanoi City on October 6, 2005.

+ Apartment No. 616, No5 Apartment, area: 82.32 m2, housing area Phap Van, Tu Hiep, Hoang Liet, Hoang Mai, Hanoi, issued to Ms. Nguyen Thi Sinh under the Land Use Right Certificate AD 519642 ; Number entered in the book of issuance of the certificate: 01244 1580 / QD - UB issued by the People's Committee of Hoang Mai District, Hanoi City on October 6, 2005.

+ Land use rights at land lot No. 237 (4), hamlet 16, Thi Cam village, Xuan Phuong commune, Tu Liem district, Hanoi (now house number 194 Phuc Dien street), granted to Mr. Ta Hoang Duong, area 340 m2.

+ Land use rights and assets attached to land at land lot No. 219, hamlet 16, Thi Cam village, Xuan Phuong commune, Tu Liem district, Hanoi (currently house number 311 Phuc Dien street), granted to Mr. Dang Ngoc Khai, area 300m2.

1.2. Debit Documents:

Documents and documents related to the Debt (hereinafter referred to as “Debit Document”) include:

a) Legal documents of the debtor and securing party;

b) Credit profile;

c) Security profile;

d) Other documents related to the Debt.

2. Asset origin: is a loan from Nam Son Trading and Construction Joint Stock Company (secured by property) at the Joint Stock Commercial Bank for Investment and Development of Vietnam.

3. Starting price: 126,443,398,608 VND (In words: One hundred twenty six billion, four hundred forty three million, three hundred and ninety eight thousand, six hundred and eight dong) - The starting price does not include expenses fees relating to the transfer of ownership / use of the property, registration fees and other costs (if any) when purchasing the Debt, these costs are borne by the auction winner. The purchase and sale of the Debt are not subject to VAT.

 4. Money placed before participating in the auction: 12,644,000,000 VND (In words: Twelve billion, six hundred four four million even)

5. Auction plan:

- Money to buy auction files: 500,000 VND (Five hundred thousand VND even)

- Time and place to refer to documents, register to view debt documents, purchase documents and receive auction participation documents: From 8:00 am on October 24, 2020 to 5:00 p.m. on October 28, 2020 at the office Phuc Tin Joint Stock Auction Company - address: 4th floor, 54 Le Van Thiem, Nhan Chinh ward, Thanh Xuan district, Hanoi city and BIDV Debt Settlement Center - address 19th Floor, Tower A Vincom, number 191 Ba Trieu, Le Dai Hanh ward, Hai Ba Trung district, Hanoi.

- Debts review time: October 26, 2020 and October 27, 2020 at the headquarters of Phuc Tin Auction Company and BIDV Debt Settlement Center, Floor 19, Vincom Tower, No. 191 Ba Trieu, Le Dai Hanh ward, Hai Ba Trung district, Hanoi.

- Deadline for deposit payment: During working hours on October 27, 2020 and October 28, 2020. Except where the debt auction organization and the auction participant otherwise agree but must be prior to the date the auction is opened.

- Deposit method: Transfer to Phuc Tin Partnership's account.

 Account Name: CONG TY DAU GIA HOP DANH PHUC TIN

 Account number: 220100003404376

 Open at: Joint Stock Commercial Bank for Investment and Development of Vietnam - Thang Long Branch

 Content: {Name of auction participant} Paying a deposit to participate in the property auction is a debt of Nam Son Trading and Construction Joint Stock Company.

Organizations and individuals eligible to participate in the auction submit valid auction participation dossiers and advance payment to Phu Tin Partnership Auction Company according to regulations.

- Estimated time to hold the auction: 09:00 on October 30, 2020.

- Expected auction venue: Phuc Tin Auction Partnership Company - Address: 4th floor, 54 Le Van Thiem, Nhan Chinh ward, Thanh Xuan district, Hanoi city.

- Auction method and method: Auction is conducted by way of direct voting at the auction according to the up-bid method.

6. Contact information:

- BIDV Debt Settlement Center, 19th Floor, Tower A Vincom, No. 191 Ba Trieu, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi. Mr. Nguyen Hai Son. Telephone: 090 411 2566.

Phuc Tin Auction Partnership Company: 4th floor, 54 Le Van Thiem, Nhan Chinh, Thanh Xuan, Hanoi. Telephone: 0348.593.906.

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