1. Auctioned property: For sale of debt of Viet Can Co., ltd and Nhu Y Private Enterprise at BIDV – Bac An Giang Branch.

Information of the debtor: Viet Can Co., ltd and Nhu Y Private Enterprise

Debit balance: The amount of principal and interest (including interest in due and overdue interest) as of November 28, 2019 is VND 1,153,420,837,135, including:

Debit balance of Nhu Y Private Enterprise is VND 804,420,024,464, in which the principal is VND 435,086,648,865, the interest is VND 369,333,375,599.

Debit balance of Viet Can Co., ltd is VND 349,000,812,671, in which the principal is VND 157,628,000,000, the interest is VND 191,372,812,671.

Collateral:

Description of the collateral of Nhu Y Private Enterprise: Plot no. 118, Urban residential land; total area: 81,955.40 (m2), Plot no. 23, Land for production and business; total area: 76,509.80 (m2), Plot no. 1, Land for education and training; total area: 784.70 (m2), see attached annex for details.

Description of the collateral of Viet Can Co., ltd: Plot no. 6, Urban residential land, total area: 12,766.40 (m2). Plot no. 2, Land for production and business, total area: 16,237.00 (m2). Plot no. 2, Land for education and training, total area: 16.439,00 (m2). Plot no. 1, Land for agencies, total area: 12,534.30 (m2). Plot no. 1, head office land, total area: 7,284.40 (m2), see attached annex for details.

Address of property: New urban area – Festival city at Vinh My Ward, Chau Doc City, An Giang Province.

Owner: Nhu Y Private Enterprise

Fall-back price: VND 616.385.270.206 (In words: Six hundred and sixteen billion, three hundred eighty five million, two hundred seventy thousand, two hundred and six dongs), in which the debt value of Nhu Y Private Enterprise is VND 429.880.090.749 and debt value of Viet Can Co., Ltd. is VND 186.505.179.457.

Note: Vietnam Asset Management Company has authorized all rights to handle debt for BIDV – Bac An Giang Branch.

2. Auctioned property belonged to/Authorized person handling property: BIDV – Bac An Giang Branch.

Address: No. 14 Quang Trung, Chau Phu B Ward, Chau Doc City, An Giang Province.

3. Auction institution: Truong Thinh Group Auction 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 616.385.270.206 (In words: Six hundred and sixteen billion, three hundred eighty five million, two hundred seventy thousand, two hundred and six dongs).

- For buying and selling Debts that are not subject to VAT, the fall - back price does not include costs related to the transfer of ownership/ use of property, registration fees and other expenses (if any) upon purchase of property, these costs are paid by the winner.  

5. Deposit: VND 92.457.790.531 (In words: Ninety-two billion, four hundred fifty seven million, seven hundred ninety thousand, five hundred thirty one dongs).

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

7. Time and place for selling records and receiving auction dossier: From 8:00 a.m. on September 19th, 2020 to 5:00 p.m. on September 28th, 2020 at the head office of Truong Thinh Group Auction Company, address: 46 Street no. 2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City and the head office of BIDV – Bac An Giang Branch, address: No. 14 Quang Trung, Chau Phu B Ward, Chau Doc City, An Giang Province.  

8. Time and place of property consideration: From 8:00 a.m. on September 19th, 2020 to 5:00 p.m. on September 28th, 2020 at the property location. View property records at the head office of Truong Thinh Group Auction Company, address: 46 Street no. 2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City.

9. Time, place, conditions and method of registering for auction participation:

- Time of registering for auction participation: During time for selling records and receiving auction dossier.

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

- Place and method of registering for auction participation: Customers apply directly at Truong Thinh Group Auction Company - 46, Street 2 Cu Chu Van An, Ward 26, Binh Thanh District, Ho Chi Minh City and and the head office of BIDV – Bac An Giang Branch, address: No. 14 Quang Trung, Chau Phu B Ward, Chau Doc City, An Giang Province.

10. Deadline for deposit: During office hours on September 25th, 2020, September 28th, 2020 and September 29th, 2020, 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 Company as prescribed.

11. Time, location of auction: At 3:00 p.m. on September 30th, 2020 at the head office of BIDV – Bac An Giang Branch, address: No. 14 Quang Trung, Chau Phu B Ward, Chau Doc City, An Giang Province.

12. Form of auction: Verbally at auction.

13. Method of auction: Bidding up.