BIDV Phu Tai announce the auction of debt

Publish date
16/04/2020

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Joint Stock Commercial Bank for Investment and Development of Vietnam - Phu Tai Branch (BIDV Phu Tai) would like to announce the auctioned assets as follows:

1. Property auction organization: Lam Son Property Partnership Auction Company - Headquarters: 111A Tan Son Nhi, Tan Son Nhi Ward, Tan Phu District, Ho Chi Minh City.

2. Persons with auctioned properties:

Bank for Investment and Development of Vietnam - Phu Tai Branch, Address: 340 Lac Long Quan Street, Tran Quang Dieu Ward, Quy Nhon City, Binh Dinh Province. Phone: 0934891269.

3. Auctioned property: The entire debt of 01 corporate customer is Thuan Thao Nam Saigon Joint Stock Company and 95 individual customers.

a. Debt information:

a.1 Information about the debt of Thuan Thao Nam Sai Gon Joint Stock Company (As of April 7, 2020)

- Total outstanding loans: VND 462.208,972,223, including:

+ Principal outstanding: VND 230,000,000,000

+ Outstanding debt: VND 23,208,972,223

a.2 Information about debts of 95 individual customers (as of April 7, 2020)

Total outstanding loans: VND 2,273,194,009,259, including:

- Principal outstanding: VND 978,169,000,000

- Outstanding loan interest: VND 1,295,025,009,259

b. Information on security assets:

b.1. The first security property:

+ Property name: Land use right and properties associated with the land

+ Property address: Address 100B, Bui Thi Xuan Street, Ben Thanh Ward, District 1, Ho Chi Minh City.

+ Proof of ownership / right to use property: Certificate of land use right, ownership of houses and other properties associated with land No. BE 211444 (number in the certificate book: CH 1213) ) by People's Committee of District 1, Ho Chi Minh City, issued on May 23, 2011.

+ Land area: 275.04 m2

+ Property attached to land:

* Construction area: 131.08 m2

* Floor area: 212.82 m2

* Structure: brick wall, reinforced concrete floor

* Level (rank): Level 2

b.2 2nd property:

+ Property name: Land use right and properties associated with the land.

+ Land area: 16.5 ha.

+ Address: in Quarter 2, Tan Tuc Town, Binh Chanh District, Ho Chi Minh City.

b.3. 3rd property:

+ Property name: Land use right and properties associated with the land.

+ Land area: 5.4 ha

+ Address: in Quarter 4, Tan Tuc Town, Binh Chanh District, Ho Chi Minh City.

b.4 The fourth asset: 5,200,000 shares Thuan Thao Joint Stock Company is owned by Ms. Vo Thi Thanh (stock code GTT)

4. Starting price of debt: VND 800,000,000,000.

5. Time and location of selling documents: continuously from the date of listing the auction of property to the end of 5/25/2020 (during office hours) at Lam Son Property Auction Company - 111A Tan Son Nhi, Tan Son Nhi Ward, Tan Phu District, Tp. HCM.

Money to buy documents to participate in auction: VND 500,000 / 01 set of documents

6. Debt file review time: continuous from the date of posting the auction of property until the end of May 25, 2020 (during office hours) at BIDV - Phu Tai Branch, address: 340 Lac Long Street Quan, Tran Quang Dieu Ward, Quy Nhon City, Binh Dinh Province. The time to look at the security assets of a debt: continuously from the date of posting up the auction of property until the end of May 25, 2020 (during office hours) at the address of security assets.

7. Time and location of conditions for registration for auction participation:

- Deadline and location for registration for auction: continuously from the date of listing the auction of property until the end of 5/25/2020 (during office hours) at Lam Son Property Auction Company - 111A Tan Son Nhi, Tan Son Nhi Ward, Tan Phu District, Tp. HCM.

- Time for making advance payment: from May 25, 2020 to May 27, 2020 (during office hours). Submit to account number 58110001357069 of Lam Son Property Partnership Auction Company opened at BIDV - Phu Tai Branch. Specific amount: VND 120,816,900,000

- Conditions for participation in auctions: Those who do not fall into the cases specified in Clause 4, Article 38 of the Law on property auction are registered to participate in the auction.

8. Contact information:

- Lam Son Property Asset Auction Company - 111A Tan Son Nhi, Tan Son Nhi Ward, Tan Phu District, Tp. Ho Chi Minh. Phone: 028. 22455120 - Fax: 028. 38123910.

- Bank for Investment and Development of Vietnam - Phu Tai Branch, address: 340 Lac Long Quan Street, Tran Quang Dieu Ward, Quy Nhon City, Binh Dinh Province. Phone: 0934891269.

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