BIDV announces property auction in Long An

Publish date
10/05/2021

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1. Auctioned asset:

 Land-use right under the land plot No 426, Map Folio No 1 is located Ward 5, Tan An City, Long An Province according to the Certificate of Land-use right, House ownership and other land-based assets No. CC662595, Certificate Registration No. CS03241 issued by Long An Province Department of Natural Resources and Environment on 12 January 2016, update the transfer to Mr. Ho Dinh Thich in 2017, specifically as follows:

  • Land plot no: 426                              Map sheet no: 1
  • Address: Ward 5, Tan An City, Long An Province
  • Area: 4,994 m2 (In words: four thousand nine hundred and ninety four square meters).
  • Form of use: Private use.
  • Propose of use: Land in urban areas.
  • Time – limit of use: long term.
  • Origin of use: Receiving land transfer with land use rights recognized by the State as the State allocates land with land use levy payment.

-   Notes: The area is road limit: 96,30m2; In which the area of the construction boundary is: 96.30m2.

2. The auctioned assets belonged to: Vietnam Joint Stock Commercial Bank for Investment and Development - Binh Dien Sai Gon Branch.

Address: 230-232-234 Duong Ba Trac Street, Ward 2, Dictrict 8, Ho Chi Minh City.

3. Auction institution: Truong Thinh Group Auction Partnerships Company

Address: 46, Street no. 2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City.

4. Fall-back price: VND 15.800.000.000 (In words: Fifteen billion, eight hundred million dong). This price is excluding VAT (if any).

This price does not include costs for transfer of ownership/ use of assets, registration fees and other costs (if any) from buying assets, these costs are paid by the auction winner.  

5. Deposit amount: VND 1.580.000.000 (In words: One billion, five hundred and eighty million dong) equivalent to 10% of the fall-back price.

6. Money to buy bidding dossier: VND 500,000/dossier.

7. Time and place for selling records and receiving auction dossier: From 08:00 a.m. on 27/4/2021 to 05:00 p.m. on 11/5/2021 at 46 Street No. 2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City and at BIDV Binh Dien Sai Gon Brand - 230-232-234 Duong Ba Trac Street, Ward 2, Dictrict 8, Ho Chi Minh City. Contact phone: 028.62762586.

8. Time, location, conditions and method of registration for auction:

- Time for registering to participate in the auction: Within the time limit for sale and receipt of asset auction dossiers.

- Conditions for registering to participate in the auction: Individuals and organizations that have the need and financial capability may register to participate in the auction, except for cases specified in Clause 4, Article 38 of the Law on Asset Auction no. 01/2016/QH14 dated November 17, 2016.

-  Location, method of registering to participate in the auction: Customers submit dossiers directly at Truong Thinh Group Auction Partnerships Company – 46 Street no. 2, Cu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City and at BIDV Binh Dien Sai Gon Brand - 230-232-234 Duong Ba Trac Street, Ward 2, Dictrict 8, Ho Chi Minh City.

9. Time and place of asset consideration: From 08:00 a.m. on 27/04/2021 to 05:00 p.m. on 11/05/2021 at the assets.

10. Time limit for deposit: During office hours on 10/05/2021, 11/05/2021 and 12/05/2021, unless otherwise agreed by the auction institution and participants but before the opening of the auction.

- Organizations and individuals eligible to participate in the auction submit a valid bidding dossier and pay deposit to Truong Thinh Group Auction Partnerships Company as prescribed.

11. Time and venue of the auction: At 02:00 p.m. on 13/05/2021 at Truong Thinh Group Auction Partnerships Company headquarter - 46 street no. 2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City.

12. Form of auction: Verbally at auction.

13. Auction method: Bidding up.

 (This notice replaces the invitation to participate in the auction)./.

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