BIDV Chau Thanh Sai Gon announces the selection of asset auction organization

Publish date
19/07/2019

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Joint Stock Commercial Bank for Investment and Development of Vietnam - Chau Thanh Sai Gon Branch (BIDV Chau Thanh Sai Gon) hereby announces the selection of asset auction organization as follows:

1. Information of assets:

- Land use rights and assets attached to land according to the Certificate of land use rights No. 10914 issued by People’s Committee of District 12, Ho Chi Minh City on 27 October 2004.

+ Land lot No.: 428-25, 428-26;   Map No.: 2; Area: 429,5m2

+ Assets attached to land: Floor area: 375,4m2; House construction area: 183,8m2

- Address: E8- Quarter 3, An Phu Dong ward, District 12, Ho Chi Minh city

- Starting price: VND16,239,000,000 (By word: Sixteen billion, two hundred and thirty nine million Vietnamese Dong)

2. Time for submission:

The deadline for direct application submission is 05 days from the date of notification (date of documents submitted by post shall be determined by postmark but must be delivered to BIDV Chau Thanh Sai Gon no later than 07 days from the date of notification).

3. Place for submission:

- The Joint Stock Commercial Bank for Investment & Development of Vietnam – Chau Thanh Sai Gon Branch (Risk management Department); Address: No. 497 Nguyen Oanh, Ward 17, Go Vap District, Ho Chi Minh city

- Contact: Mr. Quan Trong Manh (Email: quantm@bidv.com.vn; tel: 0909765962).

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.

- Having operated for at least 03 years.

- Have at least 03 auctioneers.

- Have at least 03 branches/ representative offices.

- Other criteria according to the Branch’s requirements

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 Chau Thanh Sai Gon 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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