BIDV Hai Phong announces the auction of of Lisemco Joint Stock Company at BIDV (8th time)

Publish date
02/02/2023

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1. Asset name: Debts of Lisemco Joint Stock Company to BIDV Hai Phong (hereinafter referred to as “Debts”), including all principal balance and outstanding balance of interest, fees incurred up to the date of the debt sales transaction.

* Information about debts

a) Name of the debtor: Lisemco Joint Stock Company (hereinafter referred to as the “Debtor”).

b) Address: Km6, Highway 5,  Hung Vuong ward, Hong Bang district, Hai Phong city.

c) Legal representative: Nguyen Manh Tue – Position: General Manager

d) Business registration certificate No. 0200169677 issued by the Department of Planning and Investment of Hai Phong City for the first time on December 27, 2006, and changed for the 8th time on July 13, 2019.

e) Total outstanding balance as of August 1st, 2022 is 76.171.701.112 VND, of which principal balance is 57.743.056.456 VND, interest balance is 17.989.580.105 VND , Penalty for interest late payment is 439.064.551

- Debts are auctioned according to their status in terms of outstanding balance, legal status, potential risks, collaterals of the Debts, Debt records, dispute status, Debt quality,... and all other issues and factors related to the Debts at the time of being put up for auction.

* Security measures for the debtor's payment obligation for the Debts include the following security transactions:

i) Mortgage contract No. 01/2011/HĐ dated August 20, 2011 signed between Lisemco Joint Stock Company and BIDV – Hai Phong Branch. The list of mortgaged assets includes: 1.Cutter, welding machine; 2. Crane equipment; 3. Ironing machine, Model JPG 6x2500; 4. Auxiliary equipment; 5. Instruments and test equipment; 6. Equipment for surface cleaning and spray painting.

ii) Contract of mortgage of assets attached to land No. 01/2015/1179720/HĐTC dated September 8, 2015 signed between Lisemco Joint Stock Company and BIDV – Hai Phong Branch.

The specific mortgaged assets are as follows:

+ Assets attached to land that have been certified for ownership include: Factory No.1 – Area 3,119.3m2; Factory No.2 – Area 4,704.9m2, Factory No.3- Area 4,885.6m2
+ Other assets attached to the land.
The above properties are built on land plot No.02, map sheet No.24, Km6 national highway 5 (old), Hung Vuong ward, Hong Bang district, Hai Phong city, specifically:
- Name of land user: Lisemco Joint Stock Company-Address: Km6 national highway 5 (old) Hung Vuong ward, Hong Bang district, Hai Phong city. Area: 22,731.3m2 (Twenty two thousand, seven hundred thirty-one point three square meters). Form of use: Private use. Purpose of use: Construction of a factory to manufacture ship hatch covers. Shelf life: Land use term until October 23, 2058.Origin of use: State lease land with annual rental payment.
Documents on property ownership: Certificate of land use rights, ownership of houses and other land-attached assets No. BU367928 authorized by the Department of Natural Resources and Environment of Hai Phong City People's Committee issued on 13/3/2015

* Information of disputes related to the Debt:

a) At the time of this auction notice, BIDV is participating in the settlement of disputes related to the Debts in the case "Dispute on credit contract" at the People's Court of District Hong Bang, Haiphong City.

Status and progress of dispute settlement: Currently, BIDV is participating in the settlement according to the provisions of the law on civil proceedings.

b) For other disputes, Joint Stock Commercial Bank for Investment and Development of  Vietnam has no information yet.

2. Owner of auctioned asset: Joint Stock Commercial Bank for Investment and Development of Vietnam – Hai Phong Branch(BIDV Hai Phong). Address: No. 68 Dien Bien Phu, Minh Khai Ward, Hong Bang District, Haiphong City.

3.Reserve price: 57.743.100.000 VND (In words: Fifty-seven billion, seven hundred and forty-three million, one hundred thousand Vietnamese dong)
The original price does not include costs related to the transfer of ownership/use of assets, registration fees and other costs (if any) when purchasing the Debts, these costs shall be borne by the successful auction person. The purchase and sale of Debts are not subject to value added tax.

4. Document fee: 500,000 VND (Five hundred thousand Vietnamese dongs)/ 01 set of documents.

5. Deposit: 5.774.000.000VND (In words: Five billion, seven hundred and seventy-four million Vietnamese dong)
6. Time and place to consult auction participation documents and receive auction participation documents: 
From the date of public posting of the auction notice until February 8, 2023 (from 8:00 a.m until 4:30 p.m, except Saturday and Sunday)at Lam Son Saigon Auction Partnership - Hanoi branch, address: 2nd floor, C11 group 9 (No. 6, alley 34, lane 61 Hoang Cau street or back of house number 23 lane 19 Tran Quang Dieu street) , O Cho Dua ward, Dong Da district, Hanoi.

7. Time and place to view debt records: From February 6, 2023 until February 7, 2023 (from 8:00 a.m to  4:30 p.m)  at Joint Stock Commercial Bank for Investment and Development of Vietnam – Hai Phong Branch(BIDV Hai Phong). Address: No. 68 Dien Bien Phu, Minh Khai Ward, Hong Bang Time for payment of deposit District, Haiphong City.

8. Time for payment of deposit, Conditions to participate in the auction:

-Time for payment of deposit: From February 7, 2023 until 4.30 p.m February 9, 2023

- Conditions to participate in the auction: Those who are not specified in Clause 4, Article 38 of the 2016 Law on Property Auction are eligible to register to participate in the auction.

- How to register to participate in the auction: Customers who register to participate in the auction arrive on time, at the place to sell their documents, receive the application for registration to participate in the auction to buy the documents, and submit the application for registration to participate in the auction.
Note: Pre-order amount that is not "reported with account" within the deposit payment deadline will not be eligible to participate in the auction. Deposit slip must be supplemented before the time of auction opening.
9. Auction opening time and location: At 10:00 a.m on February 10, 2023 at Lam Son Saigon Auction Partnership - Hanoi Branch, address: 2nd floor, C11 group 9 (No. 6, alley 34, lane 61 Hoang Cau street or the back side) house number 23, lane 19, Tran Quang Dieu street), O Cho Dua ward, Dong Da district, Hanoi city.

10. Form and method of auction: Bid directly by word of mouth at the auction with a bidding up method, no limit on the number of rounds

For detailed information please contact: Lam Son Saigon Auction Partnership - Hanoi Branch, address: 2nd floor, C11 group 9 (No. 6, alley 34, lane 61 Hoang Cau street or the back side) house number 23, lane 19, Tran Quang Dieu street), O Cho Dua ward, Dong Da district, Hanoi city.
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