Bank for Investment and Development of Vietnam JSC – Hanoi Branch (BIDV Hanoi) hereby announces the selection of asset valuation organization for the debt of Commercial and Processing Agricultural product joint stock company and CPAP Agricultural Products Processing and Trading Service Company Limited, as follows:

1. Information of Assets

-Name of Asset: Debt of Commercial and Processing Agricultural product joint stock company and CPAP Agricultural Products Processing and Trading Service Company Limited at BIDV Hanoi branch.

-Asset‘s Description:

+ Total amount of Commercial and Processing Agricultural product joint stock company’s debt is temporarily calculated of 51.960.175.578 VND.

+ Total amount of CPAP Agricultural Products Processing and Trading Service Company Limited’s debt is temporarily calculated of 6.915.003.424 VND.

-Collateral of the debts:

+ Apartment Ownership No 15.04, BLOCK C, A2, Him Lam, Ho Chi Minh of Commercial and Processing Agricultural product joint stock company (This property secures the debt of Commercial and Processing Agricultural product joint stock company)

+ Real estate in Phu Hoa town, Thoai Son district, An Giang province of CPAP Agricultural Products Processing and Trading Service Company Limited (This property secures the debt of Commercial and Processing Agricultural product joint stock company and CPAP Agricultural Products Processing and Trading Service Company Limited)

2. Time for submission

Direct application deadline is 07 working days from the date of announcement (the document submitted by post is counted by postmark, provided that BIDV Hanoi must receive it within the time limit of 10 working days from the date of announcement).

3. Place for submission

Bank for Investment and Development of Vietnam JSC – Hanoi Branch – Corporate Customer Division No.2: 4B Le Thanh Tong, Hoan Kiem, Hanoi.

Contact person:

+ Mrs. Nguyen Thi Thu Hien – Tel: 097.201.1281

+ Mrs. Nguyen Thi Thinh – Tel: 0904.558.493

4. Selection criteria

 - The selected organization must be on the Ministry of Finance's public list of price appraisal organizations eligible for price appraisal activities.

- The selected valuation organization is not eligible for valuation according to the provisions of the Law on Prices and its guiding documents.

- The organization has Headquarter/Branch/Representative office at Ha Noi City

5. Documents for registration

- Organization legal documents. 

- Description of competence and experience.

- Price quotation, other commitments of the auction organization (if any)

*Note:

- Notification of Selection is automatically invalid in case the Valuation Organization is not selected accordance with the law;

- BIDV Hanoi will announce the result by written documents to the selected organization, others who not be announced shall be considered as unselected, BIDV Hanoi will not return documents to the unselected.