BIDV announces the debt auction of AD8

Publish date
08/09/2023

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1. Auction organization: Nationwide Partnership Auction Company; Address: No. 473 Pham Van Dong, Co Nhue 1 Ward, Bac Tu Liem District, Hanoi City.

2. Asset holders: Joint Stock Commercial Bank for Investment and Development of Vietnam, Address: BIDV Tower, No. 194 Tran Quang Khai, Ly Thai To Ward, Hoan Kiem District, Hanoi City. Place to store debt records: Joint Stock Commercial Bank for Investment and Development of Vietnam – Debt settlement center, d/c: 7th floor, 24 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City.

3. Time and place of the auction: At 09:00 on Sep 14, 2023 at 6th Floor No. 307/4 Nguyen Van Troi, Ward 01, Tan Binh District, Ho Chi Minh City.

4. Auction assets: The debt of An Dien Construction Investment Joint Stock Company at The Joint Stock Commercial Bank for Investment and Development of Vietnam – Ben Thanh Branch managed by the Debt Settlement Center in Ho Chi Minh City, including all outstanding principal and interest balance, fees incurred up to the time of debt purchase and sale transactions.

5. Starting price: VND 200,000,000,000 (In words: Two hundred billion dong).

6. Pre-order amount: 10% of the starting price, equivalent to the amount of VND 20,000,000,000 (In words: Twenty billion dong), submitted during office hours, from 8:00 on Sep 11, 2023 to 16:30 on Sep 13, 2023 to the auction account (Calculate the time the bank reports fish to the account).

7. Time and place to view assets: Time to view assets during office hours, from Sep 06, 2023 to Sep 12, 2023 at the headquarters of Nationwide Partnership Auction Company; auction venue, address: 6th floor, No. 307/4 Nguyen Van Troi, Ward 01, Tan Binh District, Ho Chi Minh City; BIDV Debt Settlement Center, address 7th Floor, 24 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City and Vietnam Joint Stock Commercial Bank for Investment and Development – Ben Thanh Branch, address: 85 Bui Thi Xuan, Pham Ngu Lao Ward, District 1, Ho Chi Minh City.

8. Time to sell and receive registration documents to participate in the auction: During office hours, from Sep 06, 2023 to Sep 12, 2023 at the headquarters of Nationwide Partnership Auction Company and the auction venue: 6th Floor, No. 307/4 Nguyen Van Troi, Ward 01, Tan Binh District, Ho Chi Minh City.

9. How to register to participate in the auction: in accordance with the Law on Property Auction and other relevant laws.

10. Form of auction, auction method: verbal direct auction at the auction by the method of upward bidding.

Auction participants need to understand the issues related to auction property, learn carefully about the current status of the property and legal records of auction property.

Contact: Headquarters of Nationwide Partnership Auction Company and auction venue: 6th Floor, No. 307/4 Nguyen Van Troi, Ward 01, Tan Binh District, Ho Chi Minh City. Phone: 0357.680.203.

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