Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) – Thanh Nam Branch hereby announces the seizure of collateral as follows:

1. Information of the debt

The total outstanding of Phuong Thuy Import Export Trading Joint Stock Company at BIDV Thanh Nam as of 23 June 2020 is VND 3,264,778,935, in particular: short-term principal outstanding is VND 2,598,602,586, interest outstanding VND 465,615,172, overdue fine VND 200,561,177.

2. Information of collateral:

Land use rights and assets attached to land according to the Certificate of land use rights, ownership of houses and other land-attached assets No. CH206620 issued by Nam Dinh Department of Natural Resources and Environment on May 17 In 2017, the number on the certificate of granting GCN: CS03043 was granted to Mr. Tran Nam Trung, as follows:

- Land parcel number: 45

- Lot QH number: Lot 1

- Address: Dong Quyt Resettlement Area, Loc An Commune, Nam Dinh City, Nam Dinh Province.

- The area to be granted a certificate: 72.6 m2 (in words: Seventy-two point and six square meters)

- Uses:

+ Private use: 72,6 m2

+ General use: 0 m2

- Purpose of use: residential land in urban areas.

- Shelf life: long lasting

- Origin of land use: Recognize land use rights as allocated by the State with collection of land use fees.

- Property attached to land: 4-storey concrete house built in 2008 with a total floor area of ​​290.4 m2

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: starts from 8:30 am on July 03, 2020 until the seizure has been completed.

5. Place of seizure: Dong Quyt resettlement area, Loc An commune, Nam Dinh city, Nam Dinh province

6. Term of seizure: From the time of seizing until the security property is handled, auctioned off for debt collection by BIDV Thanh Nam 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- Thanh Nam Branch.

9. All issues please contact:

- Mr./Ms .: Mrs. Pham Van Thuong - Debt handling officer

- Phone: 0936636166

- Address: No. 80, Dong A Street, Hoa Vuong Urban Area, Loc Vuong Ward, Nam Dinh Province.

BIDV

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