According to the Official Letter No. 7999/BIDV-TTXLN dated 30 June 2020, BIDV has requested Song Da 27 Joint Stock Company to deliver collaterals to the bank for handling assets according to regulations. However, the guarantor has not yet coordinated to implement. Therefore, BIDV notifies the seizure of collaterals for handling assets in accordance with the law, specifically as follows:

1. Security properties for seizure:

a) The first group of assets includes:

- Song Da 27 Joint Stock Company Headquarters: 3-storey building with auxiliary constructions.

- Property address: 155 Tran Phu Street, Nam Hong Ward, Hong Linh Town, Ha Tinh Province under the LURC No. V 777535 issued by People's Committee of Ha Tinh Province on January 7, 2004; parcel number 1119; map sheet 01; area of ​​1,336.6 m2.

b) The second group of properties includes:

- The whole system of chains, equipment, kiln drying kilns, vehicles, construction and installation, properties associated with the land under the investment project of Tuynel Vuong Loc Brick Factory under Mortgage Contract.

- Machinery, equipment, vehicles under Mortgage Contract on site Investment project of Tuynel Vuong Loc Brick Factory.

- Property address: Hamlet 1, Vuong Loc commune, Can Loc district, Ha Tinh province under the LURC No. BB 450961 issued by the People's Committee of Ha Tinh province on November 24, 2011 to Song Da Joint Stock Company 27.

2. Reason for seizure:

The bank collects collateral according to the regulations of the law to handle the debt collection for overdue debts of Song Da 27 Joint Stock Company at BIDV - Ha Tinh Branch.

3. Time and place of seizure:

a) For the first group of properties:

- Time: Expected from 08:00am on August 18, 2020 until completion.

- Location: 155 Tran Phu Street, Hong Linh Town, Ha Tinh Province.

b) For the second asset group:

- Time: Expected from 08:00am on August 19, 2020 until completion.

- Place: Group 1, Vuong Loc Commune, Can Loc District, Ha Tinh Province.

4. Plan for seizing and handling security assets:

- The seizure of security assets shall be carried out by the bank in front of witnesses, assisting in ensuring security and order of local government agencies, and in compliance with provisions of applicable laws. After seizing, the collateral will be managed and protected by the bank while waiting for settlement.

- The collateral is processed by the method of hiring an independent valuation organization to determine the reserve price and hiring the public auction service chosen by the bank to actively handle the property in accordance with the law. the law.

5. Rights and obligations of the parties:

- The bank: To carry out procedures for seizing security assets according to the provisions of law; Exploiting and using security assets pending the handling; Request local authorities to coordinate and assist in the seizure process; After seizing, the Bank is responsible for managing and handling assets in accordance with the laws.

- Securing party: Send a written request for price appraisal / auction organization before the seizure of collateral; Cooperating with banks in the process of seizing security assets; To be responsible before the law and pay damages to the bank if any acts of obstructing or opposing the lawful seizure of security assets.