BIDV announces the selection of asset valuation organization BB

RELEASED DATE
19 Dec 2022

Joint Stock Commercial Bank for Investment and Development of Vietnam announces the selection of asset valuation organization as a debt as follows:

1. Debt information

- Information of debts subject to evaluation: A debt of Bien Bac Import Export Limited Liability Company. Temporarily as of September 28, 2022, the outstanding debt of BIDV Bank's debt requiring valuation is: VND 86.510.970.640, of which (Principal debt: VND 48.787.921.868; Excess debt interest debt: VND 37.723.048.772).

- Asset name:

Numerical order	Debt security assets
1	Brand Audi Q5 License plates: 51A – 989.78
2	Land use rights, ownership of house and attached to land at No. 413/28 Le Van Sy, Ward 12, District 3, Ho Chi Minh City.
3	Land use rights at parcel of land No.385, map No.16 at Highway 91B, Ward Thoi An Dong, Binh Thuy District, Can Tho City.
4	Land use rights at parcel of land No.7249, map No.1 at Phu An Resident (portion 20) Can Tho’s River South New Residential, Ward Phu Thu, Cai Rang District, Can Tho City.
5	Land use rights at parcel of land No.124, map No.32, Nhuan Duc Ward, Cu Chi District, Ho Chi Minh City.
6	Land use rights, ownership of houses and asset attached to land at No.107 apartment Bulding B1 dormitory Nha May In Tien Quoc Gia, Ward Co Nhue 1, Bac Tu Liem District, Ha Noi City.

2. Time to receive records:

               Deadline for direct submission is 05 days from the date of notice on website: bidv.com.cn (dossier sent by post is calculated by postmark).

3. Location to receive records:

- Loan workout center (Area 4) - Joint Stock Commercial Bank for Investment and Development of Vietnam (Address: 7th Floor, 24 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City).

- Contact person: Mr. Nguyen Dinh Hong Loc (Email: locndh@bidv.com.vn, Mobile: 096.678.1939).

4. Selection criteria:

- The selected enterprises have to belong The Ministry of Finance public list of asset valuation organizations which meet the requires of valuation activitives.

- The selected enterprises don’t belong to the company that weren’t appraised property by regulation of The Law of Price and implementation guidelines.

- The enterprise headquater/Branch/Representation office were located at Ho Chi Minh City.

5. Registration file included:

- Enterprise legal documents.

- Description of capacity and experience.

- Letter of quotation, other commitments of the asset price appraisal enterprise (In which the content of the price letter indicates the contents such as the preliminary expected valuation value of the valuation property, the price level ...).

* Note:

- The registration application will be expired in case the valuation enterprise is not appraised in accordance with the law.

- BIDV will send a written notice of the results to the selected enterprises. The ones which do not receive the notice, are considered as not being selected and BIDV will not return application to the unqualified enterprises.