BIDV Phu Tho announces the auction of debts

Publish date
10/05/2021

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1. Asset auction: Debt of the high quality plastic door and construction joint stock company at the Joint Stock Commercial Bank for Investment and Development of Vietnam - Phu Tho branch includes all outstanding principal and outstanding interest, fees arising up to the time of the debt transaction.

(Total outstanding loan of the Debt to April 30, 2021 is VND 7,672,900,851 of which principal balance is VND 1,869,629,384, interest balance is VND 5,803,271,467)

Debit Information:

a) Name of the debtor: the high quality plastic door and construction joint stock company

b) Address: Bach Dang Street, Area 4, Van Co Ward, Viet Tri City, Phu Tho Province

c) Legal representative: Mr. Mai Van Dong - Position: Chairman of the Board of Directors

d) Business registration certificate No. 2600325099 issued by the Department of Planning and Investment of Phu Tho province on February 4, 2005, registered for the second change on September 29, 2010.

e) Total outstanding loans to April 30, 2021 are VND 7,672,900,851, of which principal balance is VND 1,869,629,384, interest balance is VND 5,803,271,467.

g) Measures to secure the debtor's payment obligation to the Debt include the following security transactions:

Mortgage contracts: No 01/2013/HĐ dated 13 May 2013

Collateral: Hall house, No. 2 residence house; Factory + PVC pipe material warehouse

2. The owner of auctioned properties: BIDV Phu Tho Branch. Add: No. 1155A, Hung Vuong street, Viet Tri city, Phu Tho province.

3 Auction Company: Hoang Gia Auction Company (Lot 01-9a, Hai Ba Trung handicraft cluster, Hoang Van Thu ward, Hoang Mai district, Hanoi city).

4. Starting price: VND 1.869.629.384 (One billion eight hundred sixty nine million six hundred  twenty nine thousand three hundred eighty four Vietnam dongs. /.)

The starting price does not include costs related to the transfer of ownership / use of the property, registration fees and other costs (if any) when purchasing the Debt, these costs are paid by the auction winner. The purchase and sale of the Debt are not subject to VAT.

5. The price of auction registration profile: VND 500.000/ profile ( Five hundred thousand Vietnam dong/ profile)

6. Downpayment: VND 373,000,000 ( Three hundred seventy three million Vietnam dong)

Customers who submit auction registration profile have to make a deposit into the account of Hoang Gia Auction Company

Account name: Cong ty dau gia hop danh Hoang Gia

Account number: 4211.0000.280703 at BIDV – Long Bien Branch.

7.  Time and location of debt review (during business hours): 20-21 May 2021 at  BIDV Phu Tho Branch Headquarters – No. 1155A, Hung Vuong street, Viet Tri city, Phu Tho province.

8. Selling and receiving auction registration profile (during business hours):

Customers apply directly from May 10, 2021 to 16:30 on May 27, 2021 at:

- 3rd floor, Business Customer Department - Joint Stock Commercial Bank for Investment and Development of Vietnam - Phu Tho Branch at No. 1155A Hung Vuong Street, Viet Tri City, Phu Tho Province

 - Hoang Gia Auction Company (7th floor, Nam Hai Lake view building - Lot 01-9a, Hai Ba Trung handicraft cluster, Hoang Van Thu ward, Hoang Mai district, Hanoi city). Phone: 024.62843536.

Customers who register to participate in the auction bring an certified copy of the Business Registration Certificate (for customers being organizations or business units), a certified copy of ID card / Passport of legal representative of the business, certified copy of ID card / citizen identification / Passport (for individual customers);

- Letter of introduction, authorization letter (if the legal representative of the enterprise does not directly buy the registration profile, does not participate directly in the auction); Certified copy of ID card / Passport of authorized person;

9.  Deadline for downpayment: From 25 May 2021 to 16:30 on 27 May 2021

10. Time of the auction: at 15:00 on 31 May 2020

11.Form of the auction: Auction of assets in the form of direct ballot for many rounds 

12. Method of the the auction : by the method of ascending-price auction.

13. Location of the auction: Auction Room – at Hoang Gia Auction Company (7th floor, Nam Hai Lake view building - Lot 01-9a, Hai Ba Trung handicraft cluster, Hoang Van Thu ward, Hoang Mai district, Hanoi city. ).

For more information please contact:

Hoang Gia Auction Company (7th floor, Nam Hai Lake view building - Lot 01-9a, Hai Ba Trung handicraft cluster, Hoang Van Thu ward, Hoang Mai district, Hanoi city. ).

Phone: 024. 62843536     Fax: 024. 62843539.

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