BIDV Chuong Duong announces the selection of asset auction organization

Publish date
06/10/2020

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1. Information of assets

- Borrower: Cong ty CP Dau tu Phat trien Soc Son

+ Address: No. 156 Highway 3, Phu Lo Commune, Soc Son District, Hanoi

+ Business Registration Certificate No. 0104890396 by the Business Registration Office of Hanoi Department of Planning and Investment for the first time on August 31, 2010

+ Tax code: 0104890396

(Hereinafter referred to as the debtor)

- Debt details: The debts (hereinafter refereed to as the debt) are all financial responsibilities provisional value to 30/09/2020: 243.947.141.492 dong (includes: capital, interest, and fees) details are as follows:

+ Capital : 191.820.694.954 dong

+ Interest in due date: 35.708.377.763 dong

+ Interest out of date: 16.445.118.775 dong

- The Guarantees:The assets are used to guarantee for the debt, as following:Total valuation value at the time of loan: 133.691 million dong includes: three Real estate: 128.592 million dong, six means of transport (includes: four cars, a long vehicle and a truck): 5.099 million dong. Guarantee method: Relevant parties sign the Agreement and register the guarantee deal as the rule

- First price and payment method: Temporary starting price as of September 30, 2020: 243.947.141.492  dong

(In word: Two hundred fourty three billion, nine hundred four ty seven million, one hundred four ty one thousand, four hundred nine ty two dong)

- Payment method:

+ Deposit: 10% of the starting price when participating in the auction

+ Pay the remaining amount within 15 days since the two parties sign the sale and purchase contract

2. Application time: For at least 07 days since announcement date (if send through post office, no longer than 09 days since announcement date)

3. Application place

- Joint Stock Commercial Bank for Investment and Development of Vietnam – Chuong Duong Branch – Enterprise Customer Department 2

- Contact: Mr. Loc Dac Ngo (email: locnd1@bidv.com.vn; phone No.: 0913.049.747).

4. Selection criteria

Auction organization must meet criteria specified in Clause 4, Article 56 of the Law on Asset Auction and the following criteria:

- Have asset auction license.

- Having operated for at least 03 years.

- Have at least 03 auctioneers.

- Have at least 03 branches/ representative offices.

- Other criteria according to the Branch’s requirements

5. Application documents:

- Enterprise legal document.

- Enterprise capacity and experience profile.

- Quotation and other commitments of auction organization (if any)

- Other profiles according to the Branch’s requirements

Note:

- The application automatically becomes invalid in case auction organization is not permitted to conduct auction in accordance with the law.

- BIDV Chuong Duong shall send a written notice of the results to the selected auction organization; those who have not been informed of the results are deemed unsuccessful. We do not return the application of organization unselected

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