Joint Stock Commercial Bank for Investment and Development of Vietnam – Ho Chi Minh City Branch (BIDV HCM) would like to announce the selection of asset auction organization as follows:

1. Information of assets:

1.1 Ford 72LD-004.32, Model: TRANSIT, Type: Passenger car, Sit: 16, Color: Silver, Car Registration Certificate No 011712 dated 06 Jan 2016

- Starting price: VND 440,000,000 (In words: Four hundred forty million Vietnam dong)

- Bid increment: Minimum VND10,000,000

- Deposit: VND44,000,000

- Price of auction documents: VND200,000/set

1.2 Ford 72LD-002.23, Year of Manufacture: 2013, Model: TRANSIT, Type: Passenger car, Sit: 16, Color: Silver, Car Registration Certificate No 007987 dated 23 Jul 2013

- Starting price: VND 315,000,000 (In words: Three hundred fifteen million Vietnam dong)

- Bid increment: Minimum VND10,000,000

- Deposit: VND31,500,000

- Price of auction documents: VND200,000/set

1.3 Foton 20 tons 72LD-004.10, Model: BJ5312JSQ, Type: Truck with crane, Sit: 2, Color: Red, Car Registration Certificate No 018343 dated 24 Oct 2016

- Starting price: VND1,393,650,000 (In words: One billion three hundred ninety three million six hundred fifty thousand Vietnam dong)

- Bid increment: Minimum VND20,000,000

- Deposit: VND139,365,000

- Price of auction documents: VND500,000/set

Note: The above starting prices do not include VAT and expenses related to transfer of ownership/use of assets, relocation of assets, registration fee, notarization fee and other expenses (if any) when buying assets, these expenses shall be borne by auction winners.

2. Time and place for reviewing auctioned assets: From 08h30am 4 October 04th 2019 to 04h00pm 18 October 2019 at the location of assets

- Time and place for placing deposit: From 08h30am 13 October 2019 to 04h00pm 18 October 2019 via bank transfer to the account of Minh Phap Partnership Auction Company No. 31010001012469 opened at BIDV Ho Chi Minh City Branch.

- Time and place for purchasing auction documents: From 08h30am 4 October 04th 2019 to 04h00pm 18 October 2019 at Minh Phap Partnership Auction Company (151 Tran Huy Lieu, Ward 8, Phu Nhuan District, Ho Chi Minh City) and BIDV Ho Chi Minh City Branch (134 Nguyen Cong Tru Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City).

- Location for receiving auction participation files: at headquarters of Minh Phap Partnership Auction Company (151 Tran Huy Lieu, Ward 8, Phu Nhuan District, Ho Chi Minh City)

3. Conditions for auction participants: Individuals and organizations having demand and financial capacity may participate in the auction except for cases specified in Clause 4, Article 38 of the Law on Property Auction No. 01/2016 /QH14 on 17 November 2016.

- How to register: Submit documents directly at 151 Tran Huy Lieu Street, Ward 8, Phu Nhuan District, Ho Chi Minh City.

4. Time and location of the auction: On 21 October 2019 (during office hours) at Minh Phap Partnership Auction Company - 151 Tran Huy Lieu, Ward 8, Phu Nhuan District, Ho Chi Minh City.

5. Type of auction: Direct secret ballot auction with ascending price.

6. Contact Address: Customers have demand to purchase assets or have questions and complaints related to the asset auction, please contact:

Minh Phap Partnership Auction Company

Address: 151 Tran Huy Lieu, Ward 8, Phu Nhuan District, Ho Chi Minh City.  

Tel: 028.38453169 - 38453249                     Fax: 028.38453363.