BIDV announces property auction in Long An

Publish date
09/09/2020

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1. Auctioned asset:

* Asset 01: Land use right and assets attached to the land at plot no. 4549, map no. 02 located at Tan Kim commune, Can Giuoc district, Long An province according to the certificate of land use right, ownership of house and other assets attached to land no. CK 634518, entered into the certificate issuance register no. CT40502 issued by Department of Natural Resources and Environment of Long An province on December 13th, 2017, specifically as follows:

Land use right: Land plot : 4549; Map no. 02;

Address: Tan Kim commune, Can Giuoc district, Long An province

Area: 8,000m2

Form of use: Private use

Purpose of use: Industrial park land

Term of use: Until April 28, 2060

Origin of use: Leased from Dang Huynh Industrial Zone Management and Exploitation Joint Stock Company

Assets on land: Project name: Factories

* Asset 02: Machinery and equipment located at Lot B1-1, expanded Tan Kim industrial park, Tan Phuoc hamlet, Tan Kim commune, Can Giuoc district, Long An province. (Details of machinery and equipment are stated in the Appendix attached to the Contract No. 45/2020/HDDVDG/TT-BIDV dated July 24, 2020 between Truong Thinh Group Auction Partnerships Company and Joint Stock Commercial Bank for Investment and Development of Vietnam).

Note: Assets are sold according to the actual situation and sold separately. All machinery and equipment have been used, some machines are no longer in operation.

2. The auctioned assets belonged to: Vietnam Joint Stock Commercial Bank for Investment and Development.

Address: 35 Hang Voi, Hoan Kiem District, Ha Noi 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:

* Asset 01: Land use right and assets attached to land: VND 42,187,200,050 (In words: Forty-two billion, one hundred and eighty seven million, two hundred thousand, fifty dongs), of which:

- Land use right : VND 25,528,400,000;

- Construction works on land: VND 16,658,800,050;

* Asset 02: Machinery and equipment: VND 13,131,000,000 (In words: Thirteen billion, one hundred thirty one million dongs).

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: 10% of the fall-back price for each asset, specifically:

- Asset 01: Land use right and assets attached to land: VND 4,218,720,005 (In words: Four billion, two hundred and eighteen million, seven hundred and twenty thousand, five dongs)

- Asset 02: Machinery and equipment: VND 1.313.100.000 (In words: One billion, three hundred and thirteen million, one hundred thousand dongs).

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 September 4th, 2020 to 05:00 p.m. on September 25th, 2020 at 46 Street No. 2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City and at BIDV Debt Settlement Center - 6th Floor, No. 24 Le Thanh Ton, Ben Nghe Ward, District 1, 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 Debt Settlement Center - address: 6th Floor, 24 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City.

9. Time and place of asset consideration: From 08:00 a.m. on September 4th, 2020 to 05:00 p.m. on September 25th,  at the assets.

10. Time limit for deposit: During office hours on September 23th, 2020, September 24th, 2020 and September 25th, 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 Partnerships Company as prescribed.

11. Time and venue of the auction:

* Time of auction:

- Asset 01: At 02:00 p.m. on September 28th, 2020.

- Asset 02: At 03:00 p.m. on September 28th, 2020

* Auction venue: 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.

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