Joint Stock Commercial Bank for Investment and Development of Viet Nam – Gia Lai Branch (BIDV Gia Lai) would like to announce the auction of assets with the following details:

I. Information of assets:

 Certificate of Land Use Rights, Ownership of House and Other Properties Associated with Land, number AL 541594 issued by People's Committee of Pleiku City, Gia Lai Province on 04th January 2008.

- Description:

*The land Block belonging to The right of use:

+ Land lot No: 63; Map No.: 45

+ Location of land: No 339, Pham Van Dong Street, Thong Nhat Ward, Pleiku City, Gia Lai Provice

+ Land area: 88 m2 (In words: Eighty eight Square Metre)

- Right of using: Private: 88 m2, Public: 0m2

- Land using purpose: Land in the city.

- Term of use: Long-term.

* House/The Property attached to the land: 4C Class House, Total Building Area 50,8m2.

- Name of Land User, Ownership of house and Other Properties Associated with Land: Mr Vu Thanh Nam and Mrs Dao Thi Ngoc Sang.

II. Information of the Auction

1. Time and place for purchasing the application: From 04th Sep 2020 to 28th Sep 2020 (during office hours) at:

- Gia Lai Kon Tum Auction Partnerships Company – Gia Lai Branch, located at No 34A,  Cu Chinh Lan Street, Dien Hong Ward, Pleiku City, Gia Lai Province.

- Joint Stock Commercial Bank for Investment and Development of Viet Nam – Gia Lai Branch, No 112, Le Loi Street, Hoa Lu Ward, Pleiku City, Gia Lai Province.

2. Time and place for reviewing the property and related documents: From 04th Sep 2020 to 28th Sep 2020 (during office hours) at:

- Reviewing the property: No 339, Pham Van Dong Street, Thong Nhat Ward, Pleiku City, Gia Lai Provice.

- Reviewing the documents: Gia Lai Kon Tum Auction Partnerships Company – Gia Lai Branch, located at No 34A,  Cu Chinh Lan Street, Dien Hong Ward, Pleiku City, Gia Lai Province; or Joint Stock Commercial Bank for Investment and Development of Viet Nam – Gia Lai Branch, No 112, Le Loi Street, Hoa Lu Ward, Pleiku City, Gia Lai Province.

3. Starting price and deposit:

*Starting price: VND 2,605,608,000.00 (Two billions, six hundreds and five millions, six hundred and eight thousands Viet Nam dongs)

The starting price does not include the costs associated with the owning/using assets, register fees and others charges. All costs related to the process of transferring, ownership of assets such as taxes, fees and charges, etc. (if any) shall be born by the Purchaser

* Deposit: VND 260,000,000 (about 10% of starting price).

4. Time and place for submitting the application and placing the deposit: From 04th Sep 2020 to 28th Sep 2020 (during office hours) at:

- Gia Lai Kon Tum Auction Partnerships Company – Gia Lai Branch, located at No 34A,  Cu Chinh Lan Street, Dien Hong Ward, Pleiku City, Gia Lai Province.

- Joint Stock Commercial Bank for Investment and Development of Viet Nam – Gia Lai Branch, No 112, Le Loi Street, Hoa Lu Ward, Pleiku City, Gia Lai Province.

5. Type of auction and Price step:

- Type of auction: Verbally at auction (Bidding up).

- Price step: at least VND 10,000,000.00. Belong to the situation of the auction, the Auctioneer  has his own right to adjust the price step to be fitted but this Adjustion will not be less than the starting price.

(The Joiners have their right to value the price equal to the starting price plus at least price step VND 10,000,000.00 and will not limite the highest Price).

6. Time and place for placing deposit: On 28th, 29th, 30th Sep 2020, deposit must be transferred to the account of Gia Lai Kon Tum Auction Partnerships Company – Gia Lai Branch, Account No 62010007789789 opened at BIDV Gia Lai.

7. Time and place of the auction:

At 15:00 on 01st Dec 2020 at Gia Lai Kon Tum Auction Partnerships Company – Gia Lai Branch, located at No 34A,  Cu Chinh Lan Street, Dien Hong Ward, Pleiku City, Gia Lai Province.

8. Contacts for further information:

- Joint Stock Commercial Bank for Investment and Development of Viet Nam – Gia Lai Branch, No 112, Le Loi Street, Hoa Lu Ward, Pleiku City, Gia Lai Province. Contact person: Mr. Nguyen Quang Huy, mobile: 0963892222.

- Gia Lai Kon Tum Auction Partnerships Company – Gia Lai Branch, located at No 34A,  Cu Chinh Lan Street, Dien Hong Ward, Pleiku City, Gia Lai Province. Contact person: Mrs Lam Thanh Huong,  Tel: 0293.746777 – 0915250274.