1. Information of Debt auction:

1.1. Collateral at BIDV:

- Description of property: Total area: 101,733.50 (m2); Address: New urban area – Festival city at Vinh My Ward, Chau Doc City, An Giang Province.

- Owner: Joint Stock Commercial Bank for Investment and Development of Vietnam

- Starting price: VND 500,800,000,000 (In words: Five hundred billion, eight hundred million dong).

1.2. Total outstanding of Viet Can Co., ltd and Nhu Y Private Enterprise at BIDV – Bac An Giang Branch.

- Debtor: Viet Can Co., ltd and Nhu Y Private Enterprise

- Total outstanding (including interest in due and overdue interest) as of 28 November 2019 is VND 1,153,420,837,135, including:

+ The outstanding 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.

+ The outstanding 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

- Starting price: VND 1.153.420.837.135 (In words: One thousand one hundred fifty-three billion, four hundred twenty million, eight hundred thirty-seven thousand, one hundred thirty-five dong), in which the total outstanding of Nhu Y Private Enterprise is VND 804.420.024.464 and the total outstanding of Viet Can Co., Ltd. is VND 349.000.812.671.

2. Auctioned property belonged to: BIDV – Bac An Giang Branch. Address: No. 14 Quang Trung, Chau Phu B Ward, Chau Doc City, An Giang Province.

3. Debt auction organization:  Truong Thinh Auctions Partnerships. Address: 46 Street no. 2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City

4. Starting price:

Property 1.1: VND 500.800.000.000 (In words: Five hundred billion eight hundred million dongs).

Property 1.2: VND 1.153.420.837.135 (In words: One thousand one hundred fifty-three billion, four hundred twenty million, eight hundred thirty-seven thousand, one hundred thirty-five 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.

- For buying and selling Debt bondage property, expenses related to transfer of ownership / use of property, registration fees and other expenses, the parties shall comply with the provisions of the law upon transfer.  

5. Deposit:

1st Property: VND 75.120.000.000 (In words: Seventy-five billion One hundred twenty million dongs) which equals to 15% of the starting price.

2nd Property: VND 173.013.125.570 (In words: One hundred seventy-three billion and thirteen million, one hundred twenty-five thousand, five hundred seventy dongs).

6. Fee of the auction dossier: VND 500.000/dossier

7. Time and place for selling records and receiving auction dossier: From the date of posting the property auction to 17:00 on December 27, 2019 at the head office of Truong Thinh Auction Company, address: No. 46 Street 2, Cu Van Chu 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 venue for checking the properties: From the date of posting the property auction to 17:00 on December 27, 2019 at the property location. Reviewing the auction documents at the head office of Truong Thinh Auction Company, address: No. 46 Street 2, Cu Van Chu Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City.

9. Time to submit the deposit: During office hours from 25 to 27 December 2019, unless otherwise agreed by the auction organization 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 Auction Company as prescribed.

10. Time and venue for holding the auction: At 09:00 on December 30, 2019 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.

11. Auction form: Oral auction.

12. Auction method: Ascending price auction.