JSC Bank for Investment and Development of Vietnam, Thanh Hoa Branch (BIDV Thanh Hoa) announces the seizure of collateral as follows:

1. Total outstanding loan of Phuong Anh Company at BIDV as of 23 Dec 2019 is VND1.518.580.036, in particular:

- Principal; VND481.000.000

- Interest: VND348.254.986

- Late interest: VND509.753.111

- Penalty: VND179.571.939

2.Collateral: land use rights and assets attached to land of the Director's family of Phuong Anh Company, under the Mortgage contract of land use rights and assets attached to land No.01/2008/HD signed on 25 March 2008 between Mr Hoang The Phuong and wife – Mrs Duong Thi Thuc with BIDV Thanh Hoa; details as follows:

- Land:

+ land lot No. 46;      Map No: 04 (299)

+ Location: Yen Thai village – Hoang Giang commune – Nong Cong district – Thanh Hoa

+ Area: 180m2 (One hundred and eighty square meters)

+ Form of use: Private use

+ Purpose of use: living land 80m2 in rural and perennial crop land 100m2

+ Long-term use

+ Origin of use: The State allocates land with collection of land use fees.

- House: 1-story house built in 2006 with total construction floor area of 112,5m2.

- The legal status of the asset: legal under the certificate of land use rights No. AG 149698 issued by the People Committee of Nong Cong district on 08 Mar 2007. The land is certified the right of using land by the State. The house is not certified the right of ownership with asset on the land.

3. Reason for seizing: Handling collateral to recover debts as agreed in the Mortgage Contract and the provisions of law.

4. The time of seizing security assets (expected): start from dated 15/01/2020 until finishing the confiscation.

5. Place of seizure: at the property in Yen Thai village – Hoang Giang commune – Nong Cong district – Thanh Hoa

6. Term of seizure: From the time of seizing until the security property is handled, auctioned off for debt collection by BIDV Thanh Hoa Branch or until the Borrower fulfills the debt repayment obligation.

7. Security asset handling price: Using valuation results of agencies and organizations with price appraisal function. The cost of hiring valuation agencies and organizations is included in the cost of handling security assets.

8. Handling method: Public auction through a functional auction organization selected by BIDV.

9. Contact information: Mr. Tran Ngoc Cong – Vice – Head of the Enterprise Customers division; Tel: 0986.38.48.68; Address: Corporate banking department – BIDV Thanh Hoa, 26 Le Loi Boulevard – Dien Bien ward – Thanh Hoa city – Thanh Hoa province