1. Auctioned debt: The debt of Sai Gon Pho Dong Trading Construction Co., Ltd at Joint Stock Commercial Bank for Investment and Development of Vietnam – So Giao Dich 2 Branch (hereinafter referred to as the “Debt”) includes all principal and interest by the time the debt sale is made.

The total debt principal and interest as of September 31th, 2020 is VND 92.303.020.832; whereby, debt principal is VND 30.000.000.000; interest and penalty fee is VND 62.303.020.832)

Collateral of the debt:

Land use right with an area of 659.6m2 belongs to the land parcel No. 515, map sheet No. 11 (Use form: Separate use; Use term: Long term; Purpose of use: Urban residential land; Origin of use: The State recognizes land use rights as the State allocates land with collection of land use fees; Receives land use rights through donation of land use rights) and assets attached to land are one-story houses, brick wall, corrugated iron roof, construction area 155.6m2, construction floor area: 155.6m2 located at 33B Tran Nao, Quarter 4, Binh An Ward, District 2, Ho Chi Minh City.

Note: The parcel of land is extracted for cadastral measurement. The location is in the area without any detailed planning, with a width of 60m. Lot 515, the 11th map above is separated from the land plot number 198, the 2nd map sheet (SĐN), of which 136.5 is on right of way).

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 Group Auction Partnerships Company.

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

4. Fall-back price: VND 92.543.062.500 (In words: Ninety two billion, five hundred forty three million, sixty two thousand and five hundred dong). The fall-back 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 18.508.612.500 (In words: Eighteen billion, five hundred and eight million, six hundred and twelve thousand, five hundred dong) equivalent to 20% of the fall-back price.

6. Money to buy bidding dossier: VND 500,000/dossier.

7. Time and place for selling records and receiving auction dossier: From 08:00 a.m. on November 6th, 2020 to 05:00 p.m. on November 16th, 2020 at the head office of Truong Thinh Group 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 – Contact phone: 028.62762586.

8. 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  Group Auction Partnerships 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. Time and place of debt consideration: From 08:00 a.m. on November 6th, 2020 to 05:00 p.m. on November 16th, 2020 at the head office of Truong Thinh Group Auction Partnerships Company.

10. Deadline for deposit: During office hours on November 13th, 2020, November 16th, 2020 and November 17th, 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 Group Auction Company as prescribed.

11. Time, location of auction: At 03:00 p.m. on November 18th, 2020 at the head office of Truong Thinh Group Auction Partnerships Company, address: 46 Street no. 2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City.

12. Form of auction: Verbally at auction.

13. Method of auction: Bidding up.