BIDV announces the debt auction of Pham Ton Company

Publish date
14/05/2020

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1. Auctioned debt: The debt of Pham Ton Co.,Ltd at Joint Stock Commercial Bank for Investment and Development of Vietnam – Ben Thanh Branch (hereinafter referred to as the “Debt”) includes all principal and interest by the time the debt sale is made.

- The total outstanding as of 24 February 2020 is VND 272,559,579,184 (In words: Two hundred seventy two billion, five hundred fifty nine million, five hundred seventy nine thousand, one hundred eighty four Vietnamese dong), in which the principal is VND 212,850,719,877, interest and fine is VND 59,708,859,307.

- Collateral:

+ Land use rights, area 2.225,6m2, and land-attached assets of land lot number: 516, map sheet number: 4 located at: 1191A Le Duc Tho, Ward 13, Go Vap District, Ho Chi Minh City according to the Certificates of land use rights, house ownership and properties attached to land No. BG 092334 issued by People's Committee of District Go Vap, Ho Chi Minh City on September 1, 2011; 

+ Land use rights with area 11.216,2m2 and land-attached assets of land lot number: 950, map sheet number: D4.1 located at: Tan Binh Commune, Di An District, Binh Duong Province to the Certificates of land use rights, house ownership and properties attached to land No. BA 133814 issued by Department of Natural Resources and Environment of Binh Duong Province on June 28, 2010; 

+ Land use rights with area 141,5m2 and land-attached assets of land lot number: 510, map sheet number: 4 located at: 68/1 Le Đuc Tho, Ward 13, Go Vap District, Ho Chi Minh City to the Certificates of land use rights, house ownership and properties attached to land No. BL 889311 issued by People's Committee of District Go Vap, Ho Chi Minh City on January 23, 2013;

+ Land use rights with area 338m2 and land-attached assets of land lot number: 504, map sheet number: 4 located at: 1191 Le Đuc Tho, Ward 13, Go Vap District, Ho Chi Minh City to the Certificates of land use rights, house ownership and properties attached to land No. BB 639888 issued by People's Committee of District Go Vap, Ho Chi Minh City on June 3, 2010;

+ Land use rights with area 57,28m2 and land-attached assets of land lot number: 27, map sheet number: 16/BDDC Ward 1 PN, located at: 270/19 Phan Dinh Phung, Phu Nhuan District, Ho Chi Minh City to the Certificates of house ownership and land use rights no 8267/99 issued by People's Committee of Ho Chi Minh City on July 20, 1999.

+ 1 (one) 8-seat vehicle which brand is Toyota Land Cruiser VX, black, produced in 2013, Control plate: 51A - 688.60 according to the car registration certificate No. 138949 issued by Police Department of Ho Chi Minh City on October 23, 2013.

+ 1 (one) passenger car with 10 seats which brand is Ford Transit Dcar President, black, Control plate: 51B - 172.03 according to the car registration certificate No. 084932 issued by the Traffic Police Department - Police Department Ho Chi Minh City on 07/15/2015.

+ 5 (five) poultry trucks which brand is Hyundai HD210, white, in particular:

Truck Control plate: 51C – 668.01; the car registration certificate No. 107434 issued by the Traffic Police Department - Police Department Ho Chi Minh City on 06 Oct 2015;

Truck Control plate: 51C – 668.90; the car registration certificate No. 107435 issued by the Traffic Police Department - Police Department Ho Chi Minh City on 06 Oct 2015;

Truck Control plate: 51C – 678.21; the car registration certificate No. 107440 issued by the Traffic Police Department - Police Department Ho Chi Minh City on 06 Oct 2015;

Truck Control plate: 51C – 687.10; the car registration certificate No. 107439 issued by the Traffic Police Department - Police Department Ho Chi Minh City on 06 Oct 2015;

Truck Control plate: 51C – 687.83; the car registration certificate No. 107448 issued by the Traffic Police Department - Police Department Ho Chi Minh City on 06 Oct 2015.

+ 1 (one) 7-seat vehicle which brand is Mitsubishi Pajero, black, produced in 2012, Control plate: 51A – 378.89 according to the car registration certificate No. 074934 issued by Traffic Police Department - Police Department Ho Chi Minh City on September 20, 2013.

+ 6 (six) truck which brand is Mitsubishi Canter, load capacity 3480Kg, white, produced in 2010, specific:

Truck Control plate: 54U – 0411; the car registration certificate No. 047342 issued by the Traffic Police Department - Police Department Ho Chi Minh City on 08 Sep 2010;

Truck Control plate:  54U – 0444; the car registration certificate No. 047344 issued by the Traffic Police Department - Police Department Ho Chi Minh City on 08 Sep 2010;

Truck Control plate: 54U – 0522; the car registration certificate No. 047346 issued by the Traffic Police Department - Police Department Ho Chi Minh City on 08 Sep 2010;

Truck Control plate: 51C – 906.89; the car registration certificate No. 159169 issued by the Traffic Police Department - Police Department Ho Chi Minh City on 05 Apr 2016;

Truck Control plate: 51C – 041.02; the car registration certificate No. 012109 issued by the Traffic Police Department - Police Department Ho Chi Minh City on 06 Jun 2011;

Truck Control plate: 51C – 040.54; the car registration certificate No. 012101 issued by the Traffic Police Department - Police Department Ho Chi Minh City on 06 Jun 2011.

2. Auctioned debt belonged to: Joint Stock Commercial Bank for Investment and Development of Vietnam

Address: 35 Hang Voi, Hoan Kiem District, Ha Noi City.

3. Auction institution: Truong Thinh Auction Partnerships Company

Address: 46 Street no.2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City 

4. Starting price: VND 220,773,259,139 (In words: Two hundred and twenty billion, seven hundred seventy three million, two hundred fifty nine thousand, one hundred thirty nine Vietnamese dong). The price does not include expenses related to the transfer of ownership/use of property, registration fee and other expenses (if any) when buying Debt, these expenses are won by the winner. The debt purchase and sale is not subject to VAT.

5. Deposit: VND 22,077,325,914 (In words: Twenty-two billion, seventy seven million, three hundred twenty five thousand, nine hundred and fourteen Vietnamese dongs) equivalent to 10% of the starting price.

6. Price of application documents: VND 500,000/set.

7. Time and place for selling records and receiving auction dossier: From 08:00 a.m. on 9 May 2020 to 05:00 p.m. on 20 May 2020 at the head office of Truong Thinh Auction Partnerships Company and at BIDV Debt Treatment Center – Address: 6th floor, no. 24 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City – Tel: 028.62762586.

8. Time and place of debt consideration: From 08:00 a.m. on 9 May 2020 to 05:00 p.m. on 20 May 2020 at the head office of Truong Thinh Auction Partnerships Company.

9. Time, place, conditions and method of registering for auction participation:

- Time of registering for auction participation: During time for selling records and receiving auction dossier.

- Conditions of registering for auction participation: Individuals and organizations that have demand and financial capability may register to participate in the auction, except for cases specified in Clause 4, Article 38 of the Law on Property Auction No. 01/2016 / QH14 dated November 17, 2016.

- Place and method of registering for auction participation: Customers apply directly at Truong Thinh Auction Company - 46, Street 2 Cu Chu Van An, Ward 26, Binh Thanh District, Ho Chi Minh City and BIDV Debt Settlement Center - address: 6th floor, no. 24 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City.

9. Deadline for deposit: During office hours on 19,20 and 21 May 2020, unless otherwise agreed by the auction institution and participants but before the opening of the auction.

- Organizations and individuals eligible to participate in the auction submit a valid bidding dossier and pay deposit to Truong Thinh Auction Company as prescribed.

10. Time, location of auction: At 14:00 p.m. on 22 May 2020 at the head office of Truong Thinh Auction Partnerships Company, address: 46 Street no. 2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City.

11. Form of auction: Verbally at auction.

12. Method of auction: Bidding up.

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