BIDV Nam Ha Noi announces the auction of assets (5th time)

Publish date
01/10/2020

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Joint Stock Commercial Bank For Investment & Development of Vietnam - Nam Hanoi Branch (BIDV Nam Hanoi) would like to announce the auction of assets as follows:

1. Information of the auctioned debt:

The debt of Vietnam Feed Joint Stock Company at Joint Stock Commercial Bank For Investment & Development Of Vietnam - South Hanoi Branch includes principal outstanding balance and arising outstanding balance to the time of execution of debt trading transactions (Total outstanding balance of the debt as of September 4th, 2020 is 158.813.367.255 VND, in which the principal outstanding balance is 127.080.446.927 VND, interest and penalty balance is 31.732.920.328 VND)

Information on collateral is as follows:

-  The value of the profits gained from land use right exploitation at land parcel No. 1982, map No. 7b, according to the land use right certificate, ownership of house and property attached to land No BP851086 issued by the People's Committee of Ninh Binh province dated November 24th, 2014; property on land of pig farm; Equipment, machine on pig farm; Herd of breeding pigs at pig farm at Hong Quang Hamlet, Xich Tho commune, Nho Quan district, Ninh Binh province and Pig manure presser, submersible mixer, residue pumps, shredding machine according to the Mortgage Contracts signed between Joint Stock Commercial Bank For Investment & Development Of Vietnam - South Hanoi Branch and The Vietnam Feed Joint Stock Company.

2. The auction starting price: 104.197.450.256 VND (In words: One hundred and four billion one hundred and ninety-seven million four hundred and fifty thousand two hundred and fifty-six dong).

The above price does not include taxes, fees and other financial obligations payable as prescribed in relation to the transfer of the right to use and own property that is responsible for payment by the property buyer.

- Deposit: 10.419.700.000 VND (In words: Ten billion four hundred and nineteen million and seven hundred thousand dong) equivalent to 10% of the starting price.

- Time and location of deposit payment for auction registration: On the 05th and 06th of October, 2020. Deposit paid into account number: 21610000592536 at Joint Stock Commercial Bank for Investment and Development of Vietnam - Dong Da branch. Account name: Cong ty dau gia hop danh Thang Loi.

- Price difference: 20.000.000 VND (In words: Twenty million dong)

3. Method of selling property: Auctioning through the Auction Company

4. Time and location of selling and submitting auction registration documents, fees and conditions for auction participation

Time of selling and submitting documents: From September 30th, 2020 to 04:30 P.M of October 05th, 2020.

Location: Transaction office of Thang Loi Auction Partnership Company, Room 502, Police Apartment 113, No. 299 Trung Kinh, Yen Hoa Ward, Cau Giay District, Hanoi City.

Property auction participation fee: 500.000 VND / 01 file (non-refundable)

All organizations and individuals with full civil act capacity to accept the starting price and comply with the regulations of the property auction issued by the Company are able to participate in auctioning the property. (Except for the cases specified in Clause 4, Article 38 of the Law on Property Auction 2016)

5. Time and location to view debt records: On October 01st, 02nd 2020 at Thang Loi Auction Partnership Company, Room 502, Police Apartment 113, No. 299 Trung Kinh, Yen Hoa Ward, Cau Giay District, Hanoi City

6. Time and location of the auction:

- 09:00 A.M on October 07th, 2020 at the Transaction Office of Thang Loi Auction Partnership Company, Room 502, Police Apartment 113, No. 299 Trung Kinh, Yen Hoa Ward, Cau Giay District, Hanoi City.

7. Contact information:

- Thang Loi Auction Partnership Company, Room 502, Police Apartment 113, No. 299 Trung Kinh, Yen Hoa Ward, Cau Giay District, Hanoi City. Phone: 0243.514.9763.

- Joint Stock Commercial Bank For Investment & Development Of Vietnam - South Hanoi Branch. Address: 1281 Giai Phong street, Hoang Liet ward, Hoang Mai district, Hanoi city.

+ Mrs. Le Thi Thuy Ha - Head of KHDN2 Department. Phone: 090.490.7815

+ Mrs. Tran Mai Han - Officer of KHDN2 Department. Phone: 036.6457.647

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