BIDV Truong Son announces the selection of organizations for debt auction

Publish date
06/05/2020

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The Joint Stock Commercial Bank for Investment & Development of Vietnam – Truong Son Branch (BIDV Truong Son) would like to announce the selection of debt auction organization as follows

1. Information of debt auction:

1.1 Information of debt for auction: Equal to all outstanding loan principal and interest (Include overdue interest, other relating fee, …) of the debt of GAC Viet Nam Company Limited at the time signing the auction service contract (Temporarily as of 31th May, 2020 is VND 112.200.000.000).

1.2 Collateralls of debt for auction:

1.2.1 Land use rights specified in the Certificate of Land use rights no. AB411810:

1. Land lot:

- Owner: Mr. Duc Dung Huynh – Mrs. Thi Chi Cong Tran

- Land lot no: a part of land lot no 169, 439;

- Map sheet no: 03 (according to document no 299/TTg);

- Address: 8A1, 379 Street, Tang Nhon Phu A Ward, District 9, Ho Chi Minh City;

- Area: 128,7 m2 (In words: One hundred and twenty eight point seven square meters);

- Form of use: Private use: 128,7 m2; Public use: 0 m2;

- Purpose of use: Residential land;

- Time of use: Permanent;

- Origin of use: Agreed from the transfer;

2. House:

- Address: 8A1, 379 Street, Tang Nhon Phu A Ward, District 9, Ho Chi Minh City

- House construction area: 114,38 m2. Floor area: 455,35 m2

1.2.2 Land use rights, ownership of house and other properties associated with land specified in the Certificate of Land use rights, ownership of house and other properties associated with land no. BY 602167:

1. Land lot:

- Owner: Mrs. Thi Lan Truong

- Land lot no: 7;

- Map sheet no: 100;

- Address: 38 Duong Duc Hien Street, Tay Thanh Ward, Tan Phu District, Ho Chi Minh City;

- Area: 852,8 m2 (In words: Eight hundred and fifty two point eight square meters);

- Form of use: Private use;

- Purpose of use: Residential land;

- Time of use: Permanent;

- Origin of use: Agreed from the transfer;

2. House:

- Address: 38 Duong Duc Hien Street, Tay Thanh Ward, Tan Phu District, Ho Chi Minh City

- House construction area: 672,8 m2. Floor area: 1311,5 m2

1.3 Starting price: VND 112.200.000.000 (In words: One hundreds and twelve billions, two hundreds millions Vietnamese dong)

2. Time for submission:

The time-limit for direct submitting is 05 days starting from the date of notice (the date which the files were submitted via mailing is attested by date on postmark, provided that they were submitted to BIDV Truong Son within 07 days starting from the date of notice).

3. Place for submission:

- The Joint Stock Commercial Bank for Investment & Development of Vietnam – Truong Son Branch, located at no. 316 Nguyen Thai Son, Ward 04, Go Vap District, Ho Chi Minh City.

- Contact: Mr. Nguyen Gia Huy (email: huyng@bidv.com.vn; tel.: 0948.046.574).

4. Selection criteria:

Auction organization must meet criteria specified in Clause 4, Article 56 of the Law on Asset Auction and the following criteria:

- Have asset auction license.

- Have operated for at least 3 years.

- Have at least 3 auctioneers.

- Have at least 3 branches/representative offices.

5. Documents required:

- Enterprise legal document.

- Enterprise capacity and experience profile.

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

 *Notes:

- Notice on selection shall automatically become invalid in case the auction organization is not permitted to conduct auction in accordance with the law.

- BIDV Truong Son 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 applications of the unselected organization.

CV331 LUA CHON TO CHUC DAU GIA EN.pdf
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