BIDV Bim Son announces the selection of asset auction organization (Lam Vu Co.Ltd)

Publish date
13/08/2021

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

1. Information of asset:

- Asset is GALION tire leveler.

- Property name: Tire leveling machine GALION 450E.

- Description of property: Tire leveling machine GALION 450E, registration plate: 36LA - 0300 according to the Certificate of registration of special-use motorcycles No. 11/2014/XMCD issued by the Department of Transport of Thanh Hoa province on January 20, 2014 (Frame number: F11744 ).

- Owner: Lam Vu Trade and Construction Investment Joint Stock Company

- Starting price: 330,000,000 VND (In words: Three hundred and thirty million VND).

2. Deadline for application submission:

The deadline for direct application submission is 5 days from the date of notification (date off documents submitted by post shall be determined by postmark, but must be delivered to BIDV Bim Son within 7 days from the date of notice).

3. Place for submission:

- Joint Stock Commercial Bank for Investment and Development of Vietnam – Bim Son Branch, Risk management department.

- Address: 117 Tran Phu Street, Ba Dinh Ward, Bim Son Town, Thanh Hoa Province.

- Contact person: Mr. Le Duy Thang; Phone number: 0902067890; Email: thangld2@bidv.com.vn

4. Selection criteria:

- Organizations registering for auction must meet the criteria specified in Clause 4, Article 56 of the Law on Property Auction and the following criteria.

+ Having functions of property auction activities.

+ Having operation time of at least 03 years.

+ There are at least 03 auctioneers.

+ There are at least 03 branches / representative offices

+ Other criteria required by the Branch.

5. Documents required:

- Enterprise legal document.

- Enterprise capacity and experience profile.

- Price quotation and other commitments of the price appraisal enterprise (if any).

*Notes:

- The registration file shall automatically become invalid in case the price appraisal enterprise is not permitted in accordance with law.

- BIDV Bim Son shall send a written notice of the results to the selected price appraisal enterprise; those who have not been informed of the results are deemed to be unselected. BIDV Bim Son shall not return the application of unselected organization.

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