BIDV Thong Nhat announces the selection of asset auction organization

Publish date
19/07/2019

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BIDV Thong Nhat hereby announces the selection of the Auction Organization for debts for auction and the selection criteria as follows:

1. Information of debt:

- Customer name: Phuc Hai Trading and Service Company., LTD.

- Total outstanding loans of customer as of 30 June 2019: VND67,853,258,949, particularly:

+ Principal: VND54,482,371,993;

+ Interest: VND10,694,629,959;

+ Overdue interest: VND2,676,256,997;

- Securities of the loan:

No.

Securities

Description

1

Land use rights and assets attached to land at land lot No. 1 and 3, map No. 2, Tan Thanh commune, Ham Thuan Nam district, Binh Thuan province.

- Vacant land,

- Property address: at the land lot No. 1 and 3, map No. 2, Tan Thanh commune, Ham Thuan Nam district, Binh Thuan province

- Total area: 50.118 m2, in which:

+ Lot No. 1, map No. 2: 23.371,7 m2

+ Lot No. 3, map No. 2: 26.746,3 m2

- Term of use: 30/06/2055

2

Land use rights and assets attached to land at 166/6 Ly Thai To, Ward 1, District 3, Ho Chi Minh city.

- Land use rights:

  • Lot No: 32; Map number: 23
  • Area: 44,8 m2
  • Use:
  • Private use: 44,8 m2
  • Sharing use: 0 m2
  • Purpose of use: Land in urban areas

- Property attached to land: housing

  • Floor area: 138,2 m2
  • Structure: Brick wall, reinforced concrete floor, metal roof
  • Level: 2
  • Number of floors: 3

- Starting price: All debts of Phuc Hai Trading and Service Company., LTD at BIDV Thong Nhat at the time signing the auction contract.

2. Time for submission:

The deadline for direct application submission is 07 days from the date of notification (date of documents submitted by post shall be determined by postmark but must be delivered to BIDV Thong Nhat no later than 09 days from the date of notification).

3. Place for submission:

- BIDV Thong Nhat Branch; Address: Saigon Plaza building, 24 Le Thanh Ton street, Ben Nghe Ward, District 1, Ho Chi Minh city

- Contact person: Mr. To Anh Vu (Email: vu.ta@bidv.com.vn; Tel: 0909678755).

4. Selection criteria:

Organizations registering to participate in auction must meet the criterion specified in Clause 4, Article 56 of the Law on Property Auction and the following criteria:

- Having legally property auction function.

- Having at least 3 years of operation.

- Having at least 03 auctioneers.

- Having at least 03 branches / representative offices.

- Reasonable auction costs and remuneration for auction services.

- Other criterion stated by the authorized entity.

5. Application documents:

- Enterprise legal document.

- Enterprise capacity and experience profile.

- Quotation and other commitments of auction organization (if any)

- Other profiles according to the Branch’s requirements

* Notes:

- The application automatically becomes invalid in case auction organization is not permitted to conduct auction in accordance with the law.

- BIDV Thong Nhat shall send a written notice of the results to the selected auction organization; those who have not been informed of the results are deemed unsuccessful. We do not return the application of unselected organizations.

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