BIDV announces the selection of assets valuation organizations as follows:

1. Debt information:

- All debts of Hoang Long Steel Joint Stock Company (Debtor) at Hai Duong Branch.

- Address: Ngoc Mai village, Hung Thinh commune, Binh Giang district, Hai Duong province.

- Main fields of business: manufacturing Silico Mangan, steel pipes, shape steel, etc.

- Legal representative: Mr. Pham Dang Cao, Position: Director.

- Business registration certificate No. 0801041329 which was first registered on 11/12/2013; changed for the third time on September 7, 2016.

- Total past – due credit of customers until March 14, 2022 is 230.267.276.834 VND (in which, the principal debt is 135,289,168,733 VND, overdue interest and penalty fees are 94.978.108.101 VND).

- Assets to secure the debt include:

 

Contract

Secured property

1

Mortgage contract for future-formed property No. 07/2013/HDTC-HL dated December 13, 2013

All basic construction works, buildings, infrastructure are  attached to the land with annual rental payment and other assets attached to the land with the certificate of land use right No AC 332569, issued by the People's Committee of Hai Duong province on May 26, 2005.

 Land area: 185,318.1 m2.

 Address:  Hung Thinh commune, Binh Giang district and Luong Dien commune, Cam Giang district, Hai Duong province.

2

Mortgage contract of property that could be formed in the future No. 08/2013/HDTC-HL dated December 13, 2013

The entire line of machinery, equipments and other assets of Hoang Long Steel Joint Stock Company are located in Hung Thinh Commune, Binh Giang District and Luong Dien Commune, Cam Giang District, Hai Duong Province.

3

Property mortgage contract No. 01/2016/5914924/HDBD dated September 26, 2016

Production line of  high strength steel pipe GH114.

4

Mortgage contract of  property used to secure the performance of obligations of others No. 05/2013/HĐTC-HL dated December 30, 2013

A truck mounted crane 5 tons.

Brand: Hyundai

License plate: 29Y-7863

5

Mortgage contract of land use rights and properties attached to land that were used to secure the performance of obligations of others No. 02/2013/HDTC-HL dated December 31, 2013;

Land use rights and land-attached assets according to the certificate of house ownership and land use right No. 10109030484.

 Original file number: 15951.2002, issued by the People's Committee of Hanoi on May 10, 2002.

Area: 26.2 m2;

Address: 60 Giang Vo Street, Cat Linh Ward, Dong Da District, Hanoi. (now changed to 38 Giang Vo)

 Property attached to land: 3-storey house;

Texture: concrete.

6

Mortgage contract  of land use rights and properties attached to land to secure the performance of obligations of others No. 01/2013/HDTC-HL dated December 28, 2013;

Land use rights and assets attached to land according to the certificate of house ownership and land use right No. 10109030485 .

Original file number: 15939.2002 issued by People's Committee of Hanoi on May 10, 2002.

Area: 26.2 m2;

Address: No. 60, Giang Vo Street, Cat Linh Ward, Dong Da District, Hanoi City (now changed to 38 Giang Vo).

Assets attached to land: 3-storey house;

Texture: concrete.

7

Mortgage contract of property that are attached to land to secure the performance of obligations of others No. 09/2013/HDTC-HL dated December 19, 2013

The assets of Van Xuan Steel Pipe Joint Stock Company are attached to the land with the Certificate of Land Use Right No.: AC332569 issued by People's Committee of Hai Duong Province on May 26, 2005;

 Map sheet number: 1D+11+14.

Address: Hung Thinh commune, Binh Giang district and Luong Dien commune, Cam Giang district, Hai Duong province.

8

Mortgage contract of property that are used to secure the performance of obligations of others No. 06/2013/HDTC-HL dated December 19, 2013

Machinery and equipments of Van Xuan Steel Pipe Joint Stock Company.

2. Deadline for application submission:

The deadline for directly applying is 07 days from the date of the notification (the application submitted by post shall be counted according to the postmark and with a condition that BIDV must receive it within 09 days from the date of the notification).

3.  Application submission location:

- Joint Stock Commercial Bank for Investment and Development of Vietnam – Loan Workout Center.

- Address: 19th floor, Tower A, Vincom No. 191 Ba Trieu Str, Le Dai Hanh ward, Hai Ba Trung district, Hanoi.

- Contact: Mr. Dang Quang Minh (Tel: 0833141191; Email: minhdq@bidv.com.vn)

4. Selection Criteria:

- Enterprises submitting dossiers must ensure that material facilities, capacity and conditions reach the requirements to conduct price appraisal.

- Being on the list of the Ministry of Finance for enterprises which are eligible for price appraisal activities.

- The selected enterprise does not belong to the categories in which it is not allowed  for price appraisal according to the provisions of Law and its guiding documents.

- Appraisal services has operated for at least 03 years with at least 03 active appraisers on valuation and the remuneration is appropriate.

5. Registration dossier includes:

- Corporate legal documents.

- Description of capacity and experience.

- Quotation letter and related documents according to Section 4 of this notice (the offer letter has to be put in a sealed envelope).

* Note:

- The registration dossier would automatically expire if the appraisal management company does not reach the requirement to appraise according to the provisions of law.

- BIDV will officially send a  notice of the results to the selected company. Those units that are not notified will be considered as unselected, BIDV will not return the dossiers

BIDV

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